Capital Power (TSE:CPX) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Capital Power Corporation, an energy producer, has reported a successful second quarter in 2024 with $178 million in AFFO and a transition off coal at its Genesee Generating Station, marking a significant decarbonization milestone for Alberta. The company also highlighted its U.S. business performance, where U.S. facilities contributed approximately 43% of its adjusted EBITDA, and announced the closure of Canada’s first 30-year hybrid bond for $450 million.
For further insights into TSE:CPX stock, check out TipRanks’ Stock Analysis page.
