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TransAlta Renewables was formed in June 2013 when TransAlta Corporation spun off its renewable power-producing assets into a new, publicly traded company. At the time of creation, the company owned nearly 90% of TransAlta’s Canadian and U.S. renewable power-producing assets, which included an interest in 300 megawatts of wind, hydro, and thermal generation capacity. Since then, the company has become an industry leader in renewable energy with a continually expanding portfolio of high-performing assets.
