CALGARY, AB, Feb. 17, 2022 /CNW/ - The Board of Directors of
TransAlta Renewables Inc. (TSX: RNW) on February 17, 2022 declared the following monthly
dividends:
Dividend Per
Share
|
Record
Date
|
Payment
Date
|
$0.07833
|
April 14,
2022
|
April 29,
2022
|
$0.07833
|
May 13, 2022
|
May 31, 2022
|
$0.07833
|
June 15,
2022
|
June 30,
2022
|
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 26 wind
facilities, 13 hydroelectric facilities, eight natural gas
generation facilities, two solar facilities, one natural gas
pipeline, and one battery storage project, representing an
ownership interest of 2,968 megawatts of owned generating capacity,
located in the provinces of British
Columbia, Alberta,
Ontario, Québec, New Brunswick, the States of Pennsylvania, New
Hampshire, Wyoming,
Massachusetts, Michigan, Minnesota, Washington, North
Carolina, 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.
For more information about TransAlta Renewables, visit its
web site at transaltarenewables.com.
Note: All financial figures are in Canadian dollars unless noted
otherwise.
SOURCE TransAlta Renewables Inc