Capital Power (TSE:CPX) has released an update.
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Capital Power Corporation has successfully completed the sale of a 49% interest in its Quality Wind and Port Dover and Nanticoke Wind facilities to Axium Infrastructure, generating approximately $340 million in pre-tax cash proceeds. Capital Power will continue to operate the facilities and earn an asset management fee.
For further insights into TSE:CPX stock, check out TipRanks’ Stock Analysis page.
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