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Windrise Wind completes C$173 million green bond offering

Date Closed

December 2, 2021

Lead Office



173.00 Million CAD

On December 2, 2021,  TransAlta Renewables Inc. (“TransAlta") announced that its indirect wholly-owned subsidiary, Windrise Wind LP, has priced a secured green bond offering by way of private placement for approximately $173 million.

The Windrise Facility is located roughly 20 km southwest of Fort Macleod on approximately 11,000 acres of privately-owned land. The project consists of 43 Siemens Gamesa 4.8MW turbines. The Windrise Facility is TransAlta Renewables’ largest wind farm to-date and has a 20-year offtake agreement with the Alberta Electric System Operator (the “AESO”).

TransAlta Renewables is among the largest of any publicly traded renewable independent power producers in Canada.

McCarthy Tétrault acted for a Canadian securities dealer, as agent, with a team led by Gordon Baird that included Audrey Bouffard-Nesbitt, Rebecca Scott, Kim Howard, Will Horn and Elizabeth Rafferty.