TransAlta Renewables Inc
TSX:RNW
TransAlta Renewables Inc
Free Cash Flow
TransAlta Renewables Inc
Free Cash Flow Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Free Cash Flow | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
TransAlta Renewables Inc
TSX:RNW
|
Free Cash Flow
CA$83m
|
CAGR 3-Years
-33%
|
CAGR 5-Years
-21%
|
CAGR 10-Years
20%
|
|
|
Innergex Renewable Energy Inc
TSX:INE
|
Free Cash Flow
-CA$143.9m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
25%
|
CAGR 10-Years
3%
|
|
|
Polaris Infrastructure Inc
TSX:PIF
|
Free Cash Flow
$36m
|
CAGR 3-Years
32%
|
CAGR 5-Years
93%
|
CAGR 10-Years
11%
|
|
|
Boralex Inc
TSX:BLX
|
Free Cash Flow
-CA$526m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-16%
|
|
|
Northland Power Inc
TSX:NPI
|
Free Cash Flow
CA$793.8m
|
CAGR 3-Years
-10%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
|
|
Altius Renewable Royalties Corp
TSX:ARR
|
Free Cash Flow
$449k
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
TransAlta Renewables Inc
Glance View
TransAlta Renewables Inc. has carved its niche in the field of renewable energy, emerging as a key player with a diversified portfolio. This Calgary-based company functions primarily as an owner and operator of clean energy assets, harnessing the power of the wind, sun, and flowing water. TransAlta Renewables is a subsidiary of TransAlta Corporation, and its operations span Canada, the United States, and Australia. What sets the company apart is its strategic focus on sustainable energy solutions, driven by its expansive assets including wind farms, solar parks, hydroelectric plants, and natural gas facilities. By prioritizing these renewable sources, the company not only contributes to the global energy transition but also capitalizes on the growing demand for clean energy. The company generates revenue through the sale of electricity generated from its renewable energy installations. TransAlta Renewables enters into power purchase agreements (PPAs) and other long-term contracts with utilities and corporate customers, ensuring a stable cash flow and mitigating market price volatility. These contracts usually span several years, guaranteeing a steady revenue stream and enhancing predictability for its earnings. Additionally, the company benefits from government incentives and regulatory frameworks aimed at promoting clean energy, further solidifying its financial health. By maintaining a strong asset base and focusing on cost-effective operations and strategic acquisitions, TransAlta Renewables aims to deliver reliable returns to its shareholders while championing green energy initiatives.
See Also
What is TransAlta Renewables Inc's Free Cash Flow?
Free Cash Flow
83m
CAD
Based on the financial report for Jun 30, 2023, TransAlta Renewables Inc's Free Cash Flow amounts to 83m CAD.
What is TransAlta Renewables Inc's Free Cash Flow growth rate?
Free Cash Flow CAGR 10Y
20%
Over the last year, the Free Cash Flow growth was -60%. The average annual Free Cash Flow growth rates for TransAlta Renewables Inc have been -33% over the past three years , -21% over the past five years , and 20% over the past ten years .
You don't have any saved screeners yet