CALGARY, AB, Oct. 29, 2020 /PRNewswire/ - The Board of
Directors of TransAlta Renewables Inc. (TSX: RNW) today declared
the following monthly dividends:
|
Dividend Per
Share
|
Record
Date
|
Payment
Date
|
|
$0.07833
|
January 15,
2021
|
January 29,
2021
|
|
$0.07833
|
February 15,
2021
|
February 26,
2021
|
|
$0.07833
|
March 15,
2021
|
March 31,
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