TransAlta Plans to Fully Acquire Renewables Subsidiary

July 12, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--TransAlta Corporation (NYSE:TAC) (Calgary, Alberta) said Tuesday it has entered a definitive agreement to acquire all outstanding common shares of its subsidiary TransAlta Renewables in a cash and stock acquisition. Industrial Info is tracking more than US$4 billion worth of active projects from TransAlta, nearly all of which are for wind or solar-generation projects.