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Latest Capital Power Corporation Stories

2014-03-24 08:22:36

Project being built by locals with Ontario-made products GODERICH, Ontario, March 24, 2014 /PRNewswire/ -- Workers are beginning to build the K2 Wind Power Project (K2 Wind), which broke ground today following the successful completion of an $850 million financing, which was secured with 15 financial institutions in the form of a construction loan that will convert to long-term operational debt. Located in Goderich, the 270 megawatt (MW) wind power project is hiring local workers and...

2014-02-20 08:24:14

1,000 Ontario jobs and over $5 million injected into local economy each year GODERICH, Ontario, Feb. 20, 2014 /PRNewswire/ -- The K2 Wind Power Project (K2 Wind) has begun hiring workers for the construction of one of Ontario's most promising renewable energy projects following a ruling by the Environmental Review Tribunal, which dismissed the appeal of K2's Renewable Energy Approval. The 270 megawatt (MW) K2 wind power project will use 140 Ontario-made wind turbines. Over 1,000...

2011-01-24 09:26:00

In TO325 transmitted at 09:25e today, an error occured in the For Further Information section. The telephone number for Tim le Riche should have read 780-721-2013. Corrected copy follows: EPCOR USA enters into agreement to acquire water businesses in Arizona and New Mexico PHOENIX, AZ, Jan. 24 /PRNewswire/ - EPCOR Water (USA) Inc. (EPCOR USA), a wholly owned subsidiary of EPCOR Utilities Inc. (EPCOR), has entered into an agreement for the acquisition of 100% of the stock of...

2009-10-14 11:54:00

Project Pioneer designed to sequester 1 million tonnes of CO(2) annually from power plant emissions EDMONTON, Oct. 14 /PRNewswire-FirstCall/ - Capital Power Corporation (TSX: CPX) is partnering with TransAlta and Alstom Canada (Alstom) to develop what will be one of the world's largest Carbon Capture and Storage (CCS) projects, Project Pioneer (Pioneer). A Letter of Intent has been signed with the Province of Alberta, under which Pioneer will be eligible to receive funding from the...

2009-09-16 20:34:00

Report Includes Second Quarter Financial Results and Updated Outlook EDMONTON, Sept. 16 /PRNewswire-FirstCall/ - Capital Power Corporation (Capital Power, or the Company) (TSX:CPX) today announced the filing of a Business Acquisition Report (BAR) in connection with its acquisition of substantially all of the power generation assets previously owned by EPCOR Utilities Inc. The report includes Capital Power's 2009 second quarter and six month financial results and an updated outlook. A copy of...

2009-07-17 08:00:00

EDMONTON, July 17 /PRNewswire-FirstCall/ - The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.315 per share on the outstanding common shares for the quarter ending September 30, 2009. This dividend declaration follows the completion of Capital Power's $500 million initial public offering on July 9, 2009. "I'm pleased to announce the declaration of Capital Power's first dividend," said Brian Vaasjo, President and CEO of Capital Power. "The...

2009-07-07 18:27:00

EDMONTON, July 7 /PRNewswire/ - On June 30, 2009, an action was commenced in the Court of the Queen's Bench of Alberta, Judicial District of Edmonton by Gil McGowan on his own behalf and on behalf of all of the affiliates of the Alberta Federation of Labour, Terry Jardine on his own behalf and on behalf of all of the members of the Canadian Union of Public Employees, Local 30, and Leo Derkach on his own behalf and on behalf of all of the members of Civic Service Union 52, making claims...

2008-09-24 09:00:41

OAK BROOK, IL and EDMONTON, Sept. 24 /PRNewswire-FirstCall/ -- Primary Energy Recycling Corporation (TSX:PRI.UN) (PERC) and EPCOR Power L.P. (TSX: EP.UN) (EPCOR) announced today that they are undertaking a sale process that could lead to the sale of PERC and/or Primary Energy Recycling Holdings LLC (PERH). Both PERC and EPCOR have completed their separate strategic reviews regarding the PERH assets and have independently reached the same conclusion that a sale process should maximize value...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.