North Carolina Solar

TransAlta’s second US solar portfolio, the North Carolina Solar portfolio, has a nameplate capacity of 122 MW. Acquired in November 2021, the portfolio aligns with our strategy of growing our renewables platform and diversifying our portfolio. The 20 operating facilities range in size from 3.2 to 6.7 MW with COD dates ranging from November 2019 to May 2021.  The expansion into new geographic markets and technologies further enhances our position as a leader in renewable energy and provides potential for future opportunities in the U.S. The portfolio has an expected production of 195,000 MWh per year sold under Long-term contract with investment grade counterparties.