tiprankstipranks
Capital Power Sells Stake in Wind Facilities
Company Announcements

Capital Power Sells Stake in Wind Facilities

Story Highlights

Capital Power (TSE:CPX) has released an update.

Stay Ahead of the Market:

Capital Power has sold a 49% stake in two Canadian wind facilities to Axium Infrastructure for approximately $340 million. This move enhances Capital Power’s financial flexibility while maintaining its management role in the assets. The transaction underscores the market’s confidence in Capital Power’s capabilities in the renewable energy sector.

For further insights into TSE:CPX stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles