Dynamic Pipeline Aligned to Customer Needs
TransAlta’s development pipeline is designed to meet evolving energy needs through a flexible, technology-agnostic strategy that integrates thermal fuels, renewables and storage solutions.
Current Development Highlights:
- 530 MW of mid-stage projects progressing toward final investment decision
- 4,288 MW of early-stage projects under initial development evaluation
Nova Clean Energy: A Strategic Growth Partnership
In 2025, TransAlta made a strategic investment in Nova Clean Energy, LLC, a renewable energy developer with a growing presence in the western United States. This partnership provides TransAlta with exclusive access to a best-in-class development team focused on projects in the U.S. including within the Western Electricity Coordinating Council (WECC) region.
Through this agreement, TransAlta has:
- Exclusive options to purchase Nova’s advanced-stage clean energy projects
- An opportunity to convert our position into equity
- Access to a multi-technology pipeline of over 4 GW+ of high-quality projects
- The ability to augment project economics through our energy marketing and growth teams
This investment strengthens TransAlta’s long-term pipeline while preserving capital discipline and enhancing our presence in WECC
Investing in the Future
Our strategy is responsible, pragmatic, and disciplined — prioritizing projects that provide near- and long-term benefits to our customers, our communities and our investors.
By advancing a dynamic pipeline of multi-technology solutions, TransAlta is powering the future of energy.
Supporting Our Communities
As we advance new development opportunities, we are committed to working closely with communities, landowners, and stakeholders.
