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 > Accretive acquisition

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Comment by Red_Deeron Nov 21, 2023 12:54pm

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Post# 35746742

RE:Accretive acquisition

555rookie555 wrote: It is advertised as an accretive acquisition, yet SP drop? Is it common for the market to respond by selling while analysing acquisitions?

Hey ROOKIE__The SP drop IS the Direct Result of the 12.2 MILLION shares being SOLD
@ 36.45__Needed for the Acquisition.

This Sale WILL DILUTE a Tad Over 10%

BUT at the same time ADDS Support @ 36.45

All NORMAL

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REITS over single property investments