Capital Power Corp T.CPX

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

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 Shorts will pile into this

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Comment by dileas48son Dec 07, 2024 8:39am

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Post# 36350822

RE:RE:RE:RE:The Shorts will pile into this

Hey Sarge - your last comment there about lack of distribution increases caught my eye.

This is what is influencing whether or not I will trim CPX - but obviously for the opposite reason as they have an excellent track record of increasing their distributions. Like you, I'm now +80% and CPX has risen to an 8.5% weighting. Since I'm still working, I don't want to trigger any capital gains this year (although I've also been considering selling some BCE - that might work as a good offset, or I sell smaller TFSA position in CPX.

I need to mull it over for a day or two!

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