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Capital Power Corp T.CPX

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

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

Comment by MrAndersonon Oct 26, 2021 12:34pm
465 Views
Post# 34050695

RE:Raymond James downgraded to $49

RE:Raymond James downgraded to $49While I am not totally sure it looks like they buy natural gas to make electricity. Gas prices are rising and they may have sold electricity under fixed price contracts or be regulated
by govt at to how much and when they can increase prices. So profits could be getting squeezed. 
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