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TransAlta Sells 49% Minority Stake In Its 500 MW Wind Portfolio In Oklahoma To Ares Infrastructure For $305M

Oct 22, 2026 · 09:20 AM ET· updated 2h ago

TransAlta Corporation (TransAlta or the Company) (TSX:TA) (NYSE:TAC) announced today that it has closed the sale of a 49 per cent minority ownership interest in its 500 MW wind portfolio in Oklahoma (the Assets) to Ares

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Why It Matters

TransAlta sold part of a wind farm in Oklahoma for $305 million. This shows the company is turning its wind power into cash for new projects.

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