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 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.