TransAlta Renewables Announces Acquisition of 144 MW Wind Farm

TransAlta Renewables Inc. (“TransAlta Renewables” or the “Company”) (TSX: RNW) and TransAlta Corporation (“TransAlta”) (TSX: TA; NYSE: TAC) announced today that TransAlta Renewables, through a wholly owned subsidiary of TransAlta, will acquire the economic interest in a 144 megawatt (MW) wind farm in Wyoming for approximately US$102 million from an affiliate of NextEra Energy Resources, LLC.

The wind farm is fully operational and contracted under a long-term power purchase agreement until 2028 with an investment grade counterparty.