Brief: Capital Power completes acquisition of 50.15% interest in the Frederickson 1 Generating Station

Capital Power

28/12/2023 21:51

Dec 28 (Reuters) - Capital Power Corp  CPX.TO :
    * CAPITAL POWER COMPLETES ACQUISITION OF 50.15% INTEREST IN
THE
FREDERICKSON 1 GENERATING STATION
    * CAPITAL POWER CORP - ACQUISITION IS IMMEDIATELY ACCRETIVE
TO
NEAR-TERM CASH FLOWS AND, FOR CAPITAL POWER'S PORTION OF
FACILITY
    * CAPITAL POWER CORP -  ACQUISITION PROVIDES AN EXPECTED
AVERAGE
CONTRACTED ADJUSTED EBITDA OF US$15 MILLION PER YEAR DURING
5-YEAR PERIOD OF 2024-2029

Source text for Eikon:  ID:nGNX9G237c 
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