Capital Power Corp T.CPX

Alternate Symbol(s): CPXWF | T.CPX.PR.A | CPRHF | T.CPX.PR.C | CPWPF | T.CPX.PR.E

Utilities Utilities - Independent Power Producers

Capital Power Corporation is a growth-oriented power producer company. The Company develops, acquires, owns, and operates renewable and thermal power generation facilities and manages its related electricity and natural gas portfolios. It is involved in the operation of electrical generation facilities within Canada and in the United States. The Company has approximately 9,300 megawatts (MW) of power generation capacity at 32 facilities across North America. Its projects under construction include over 140 MW of renewable generation capacity and 512 MW of incremental natural gas combined cycle capacity from the repowering of Genesee 1 and 2 in Alberta, and over 350 MW of natural gas and battery energy storage systems in Ontario and approximately 70 MW of solar capacity in North Carolina in advanced development. Its La Paloma facility is located in Kern County, California. The Company also has a Harquahala natural gas generation facility in Arizona.

TSX:CPX - Post by User

Capital Power Corp

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Post by bendergardenon Feb 17, 2011 2:19pm

587 Views

Post# 18151881

CPX is on fire

Finally it has showed some zing and broken out. It had the most recovery upside because of the spot price exposure, and it was bound to take off at some point.

I got in at 19.90 for a 6.33% yield on my original investment, plus a pretty fat capital gain since then. A couple dividend increases down the line and I'll have an outrageous yield, although that will likely not happen near term.

Sweet.

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