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Company Announcements


CAPITAL POWER FINALIZES WIND ASSET SALE TO AXIUM

TipRanks Canadian Auto-Generated NewsdeskDec 20, 2024, 11:37 AM
A+

A-
Story Highlights
 * Capital Power sold 49% interest in wind facilities.
 * The transaction generated about $340 million in proceeds.
 * Looking for the best stocks to buy? Follow the recommendations of
   top-performing analysts.

Capital Power (TSE:CPX) has released an update.






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Add TSE:CPX to your watchlist
and never miss an update about Capital Power stock!



Capital Power Corporation has successfully completed the sale of a 49% interest
in its Quality Wind and Port Dover and Nanticoke Wind facilities to Axium
Infrastructure, generating approximately $340 million in pre-tax cash proceeds.
Capital Power will continue to operate the facilities and earn an asset
management fee.







For further insights into TSE:CPX stock, check out TipRanks’ Stock Analysis
page.






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Capital Power (TSE:CPX) 12-Month Analyst Forecast


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