Dynamic Pipeline Aligned to Customer Needs
Our development pipeline provides disciplined growth optionality across technologies, focused on opportunities that meet customer needs and deliver risk-adjusted returns.
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.
Supporting Our Communities
As we advance new development opportunities, we are committed to working closely with communities, landowners, and stakeholders.
