BRIEF-Capital Power Acquires Two Flexible Generation Assets In PJM And Offers $500 Million Common Shares

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BRIEF-Capital Power Acquires Two Flexible Generation Assets In PJM And Offers $500 Million Common Shares

, Reuters - 5:40 PM ET 4/14/2025 mergers-and-acquisitions

April 14 (Reuters) - Capital Power Corp ( CPXWF ):

* CAPITAL POWER CORP ( CPXWF ): 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 ( CPXWF ): 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 ( CPXWF ): CONFIRMS EXPECTATIONS UNDERLYING 2025 GUIDANCE RELEASED IN JANUARY

* CAPITAL POWER ( CPXWF ): EXPECT DEAL TO BE APPROXIMATELY 17%-19% ACCRETIVE TO AFFO PER SHARE OVER 2026-2030 Source text: Further company coverage:

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