TransAlta Renewables Inc.
TSX : RNW

TransAlta Renewables Inc.

February 12, 2015 16:54 ET

TransAlta Renewables Inc. Declares Dividends

CALGARY, ALBERTA--(Marketwired - Feb. 12, 2015) - The Board of Directors of TransAlta Renewables Inc. ("TransAlta Renewables") (TSX:RNW) today declared dividends of $0.06416 per common share payable on March 31, 2015, April 30, 2015, and May 29, 2015 to shareholders of record at the close of business on March 2, 2015, April 1, 2015 and May 1, 2015 respectively.

All currency is expressed in Canadian dollars except where otherwise noted.

About TransAlta Renewables Inc.

TransAlta Renewables owns 29 wind and hydroelectric power generation facilities, including our economic interest in Wyoming Wind, having an aggregate installed generating capacity of 1,376 MW, in which it holds a net ownership interest of approximately 1,255 MW. TransAlta Renewables' power generating capacity is among the largest of any publicly-traded renewable independent power producer ("IPP") in Canada, with more wind power generating capacity than any other Canadian publicly-traded IPP. TransAlta Renewables objectives are to (i) create stable, consistent returns for investors through the ownership of contracted renewable and, potentially, natural gas power generation and other infrastructure assets that provide stable cash flow through long-term contracts with creditworthy counterparties, including TransAlta; (ii) pursue and capitalize on strategic growth opportunities in the renewable and, potentially, natural gas power generation and other infrastructure sectors; and (iii) pay out a portion of cash available for distribution to the shareholders of TransAlta Renewables on a monthly basis.

Contact Information

  • Investor inquiries:
    Brent Ward
    Director, Corporate Finance and Investor Relations
    1-800-387-3598 in Canada and U.S.
    investor_relations@transalta.com

    Media inquiries:
    Leanne Yohemas
    Senior Advisor, External Communications
    Cell: 587-437-3660
    Toll-free media number: 1-855-255-9184
    Alternate local number: 403-267-2540

    Jacqueline O'Driscoll
    Manager, Investor Relations
    1-800-387-3598 in Canada and U.S.
    investor_relations@transalta.com