An update from Capital Power ( (TSE:CPX) ) is now available.
Capital Power Corporation announced its fourth quarter and year-end 2024 results, highlighting significant achievements such as the completion of the Genesee Repowering project, which reduced CO2 emissions and increased capacity. The company enhanced its U.S. market presence through acquisitions and solar project developments, while also improving financial flexibility through asset sell-downs and equity financing. These strategic moves position Capital Power for continued growth in the expanding energy sector, supported by a well-maintained asset fleet and access to capital.
More about Capital Power
Capital Power Corporation operates in the energy industry, focusing on power generation. The company provides electricity through a diverse portfolio of renewable and thermal power generation facilities across North America, with a strategic emphasis on expanding its renewable energy assets and enhancing operational efficiency.
YTD Price Performance: -18.36%
Average Trading Volume: 867,288
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$7.28B
See more insights into CPX stock on TipRanks’ Stock Analysis page.