Earnings
October 17, 2017 - AW.UN
New! A&W Revenue Royalties Income Fund - Q3-2017 Earnings & Price Target Update .....
October 17, 2017 - WCP
New! Whitecap Resources Inc. Q2-2017 Earnings & Price Forecast .....
October 14, 2017 - VNR
Valener Inc. Q3-2017 Earnings & Price Target Update .....
October 13, 2017 - WJX
Wajax Corporation - Earnings Update .....
October 11, 2017 - AP.UN
Allied Properties REIT - Price Target Update .....
October 10, 2017 - NFI
New Flyer Industries - Earnings & Price Target Update .....
October 7, 2017 - PLZ-UN
Plaza Retail REIT- Q2-2017 Earnings Update .....
October 6, 2017 - GEI
Gibson Energy Inc. - Payout Ratio Update .....
Recommendation Changes
VNR, PEY, DIR.UN, SMU.UN, CPG, more...

TransAlta Renewables Inc. Price Target Update

This is only a sample of the article, please login to view the entire article

TransAlta Renewables owns and operates 13 hydro facilities and 18 wind farms in Western and Eastern Canada, and 8 natural gas generation facilities including one under construction in Australia. This includes economic interests in TransAlta Corp. (TA-TSX) 425 MW Australian gas-fired generation assets, their Wyoming wind farm and preferred tracking shares in certain Canadian facilities. The Australian assets are comprised of the 150 MW South Hedland facility currently under construction, a 270 km gas pipeline and four natural gas fuelled power generating facilities. They own directly or through economic interests an aggregate of 2,441MW of gross generating capacity located in British Columbia, Alberta, Ontario, Qu├ębec, New Brunswick, the State of Wyoming and the State of Western Australia. TransAlta Corp. manages and operates these facilities under the terms of a Management, Administrative and Operational Services Agreement. By fuel type, 44% of production is from natural gas, 51% wind and 5% from hydro. By location 40% of power generated is in Alberta, 30% in Ontario with the balance split between Australia, New Brunswick, BC and Quebec.

During Q1-2016 they invested in Canadian tracking preferred shares issued by Transalta Corp. paying 7.2%. The shares represent an investment in Transalta's Sarnia cogeneration plant, Le Nordais wind farm, and Ragged Chute hydro facility comprising 611 MW of contracted power generation assets located in Ontario and Quebec. This is an economic interest, not direct ownership.

Total assets as of Mar-31-2017 were $3.9B of which $2B represent direct ownership and $1.9B is an investment in preferred shares of the TransAlta Corp. operating facilities.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
October 13, 2017
New! Weekly Price Changes Oct 6-13, 2017
October 6, 2017
Weekly Price Changes Sept 29-Oct 6, 2017
September 29, 2017
Weekly Price Changes Sept 22-29, 2017
September 22, 2017
Weekly Price Changes Sept 15-22, 2017
September 15, 2017
Weekly Price Changes Sept 7-15, 2017
September 8, 2017
Weekly Price Changes Sept 1-7, 2017
September 6, 2017
Brookfield Asset Management - 4.75% Variable Rate Preferred Share New Issue
September 1, 2017
Weekly Price Changes Aug 25-Sept 1, 2017