Capital Power (TSE:CPX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Capital Power Corporation has successfully completed the sale of a 49% interest in its Quality Wind and Port Dover and Nanticoke Wind facilities to Axium Infrastructure, generating approximately $340 million in pre-tax cash proceeds. Capital Power will continue to operate the facilities and earn an asset management fee.
For further insights into TSE:CPX stock, check out TipRanks’ Stock Analysis page.
