Capital Power (TSE:CPX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
