Capital Power Corp T.CPX.PR.A

Primary Symbol: T.CPX Alternate Symbol(s): CPXWF | 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 > The Lord spoke to me last night!

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Comment by Experiencedon Nov 21, 2023 9:19am

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Post# 35746083

RE:The Lord spoke to me last night!

While there is a few weeks to go before we know whether there is a redemption or not, the fact that the SP is still well below 25 suggests that most of the big money doesn't think a redemption is in the cards. Otherwise the SP would be around 25.

In terms of the reset, the current math would suggest something closer to 7%. Given that there are high quality preferreds such those of ENB paying close to 9%, buying the CPX preferreds is not that great a deal.

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REITS over single property investments