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.

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Capital Power Corp > It seems to me.....

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Post by dileas48son Mar 03, 2021 3:31pm

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Post# 32707341

It seems to me.....

that all these assessments that point to AFFO are overlooking the debt side of the equation.

I do think CPX is undervalued, but given the debt, their note about the weather impacts in Texas, and their recent results that didn't quite meet market expectations I think if you bought this thinking you were going to get a quick 10%+ gain you might be disappointed.

I'm here for the generous dividend with the expecatation I'll get some capital appreciation along the way.

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