CALGARY, AB, Feb. 23, 2021 /PRNewswire/ - The Board of
Directors of TransAlta Renewables Inc. (TSX: RNW) on February 22, 2021 declared the following monthly
dividends:
|
Dividend Per
Share
|
Record
Date
|
Payment
Date
|
|
$0.07833
|
April 15,
2021
|
April 30,
2021
|
|
$0.07833
|
May 14,
2021
|
May 31,
2021
|
|
$0.07833
|
June 15,
2021
|
June 30,
2021
|
About TransAlta Renewables Inc.
TransAlta Renewables is among the largest of any publicly
traded renewable independent power producers ("IPP") in
Canada. Our asset platform and
economic interests are diversified in terms of geography,
generation and counterparties and consist of interests in 23 wind
facilities, 13 hydroelectric facilities, seven natural gas
generation facilities, one solar facility, one natural gas pipeline
and one battery storage project, representing an ownership interest
of 2,537 megawatts of owned generating capacity, located in the
provinces of British Columbia,
Alberta, Ontario, Québec, New
Brunswick, the States of Wyoming, Massachusetts, Minnesota and the State of Western Australia. Our objectives are to (i)
provide stable, consistent returns for investors through the
ownership of, and investment in, highly contracted renewable and
natural gas power generation and other infrastructure assets that
provide stable cash flow primarily through long-term contracts with
strong counterparties; (ii) pursue and capitalize on strategic
growth opportunities in the renewable and natural gas power
generation and other infrastructure sectors; (iii) maintain
diversity in terms of geography, generation and counterparties; and
(iv) pay out 80 to 85 per cent of cash available for distribution
to the shareholders of the Company on an annual basis.
Note: All financial figures are in Canadian dollars unless noted
otherwise.
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SOURCE TransAlta Renewables Inc