TransAlta Acquires 50% Stake in 320 MW Pumped Hydro Project in Canada

The pumped hydro project will be developed over four years, with construction work set to begin in 2026

February 21, 2023

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TransAlta Corporation, a Canadian electricity utility, agreed to acquire a 50% interest in an early-stage 320 MW pumped-hydro energy storage project – Tent Mountain Renewable Energy Complex in southwest Alberta, Canada, from Montem Resources.

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