Transalta Renewables traded at 12.48 this Tuesday October 10th, increasing 0.14 or 1.13 percent since the previous trading session. Looking back, over the last four weeks, Transalta Renewables gained 5.88 percent. Over the last 12 months, its price fell by 5.10 percent. Looking ahead, we forecast Transalta Renewables to be priced at 12.20 by the end of this quarter and at 11.41 in one year, according to Trading Economics global macro models projections and analysts expectations.
TransAlta Renewables Inc. is a Canada-based company that owns a portfolio of renewable and natural gas power generation facilities and other infrastructure assets. The Company has interests in approximately 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 over 2,537 megawatts of owned generating capacity, located in the provinces of British Columbia, Alberta, Ontario, Quebec, New Brunswick, the States of Wyoming, Massachusetts, Minnesota and the State of Western Australia. Its facilities include South Hedland Power Station, Southern Cross, Sarnia, Parkeston, Fortescue River Gas Pipeline, Akolkolex, Appleton, Bone Creek, Galetta, Moose Rapids, Taylor Hydro, Waterton, Big Level, Le Nordais, New Richmond, Summerview 1, Wolfe Island and Kent Hills.