Brief: Capital Power Acquires Two Flexible Generation Assets In PJM And Offers $500 Million Common Shares
14/04/2025 22:40
April 14 (Reuters) - Capital Power Corp CPX.TO: CAPITAL POWER CORP: Q1 ADJUSTED EBITDA AND AFFO HAS BEEN MODESTLY BETTER THAN MANAGEMENT'S EXPECTATIONS CAPITAL POWER ANNOUNCES STRATEGIC ACQUISITION OF TWO FLEXIBLE GENERATION ASSETS IN PJM AND A $500 MILLION OFFERING OF COMMON SHARES CAPITAL POWER CORP: US$2.2 BILLION (ABOUT CAD$3.0(1) BILLION) ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO ADJUSTED FUNDS FROM OPERATIONS PER SHARE CAPITAL POWER CORP: CONFIRMS EXPECTATIONS UNDERLYING 2025 GUIDANCE RELEASED IN JANUARY CAPITAL POWER: EXPECT DEAL TO BE APPROXIMATELY 17%-19% ACCRETIVE TO AFFO PER SHARE OVER 2026-2030 Source text: ID:nGNXbrRwVb Further company coverage: CPX.TO ((Reuters.Briefs@thomsonreuters.com;))