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Benzinga
Benzinga
Business
Akanksha Bakshi

TransAlta Renewables Reveals Rehabilitation Plan For Kent Hills

TransAlta Renewables Inc (TSX:RNW) (OTC:TRSWF) indirect subsidiary Kent Hills Wind LP (KHLP), amended and extended its current power purchase agreements (PPAs) with New Brunswick Power Corp (NB Power) regarding Kent Hills facilities, representing total generating capacity of 167 MW.

The PPAs have been extended 10 years to December 31, 2045, and NB Power was provided with an effective 10% reduction to the current contract price until 2033.

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