Capital Power traded at 60.96 this Friday October 23rd, decreasing 0.76 or 1.23 percent since the previous trading session. Looking back, over the last four weeks, Capital Power lost 1.65 percent. Over the last 12 months, its price fell by 14.31 percent. Looking ahead, we forecast Capital Power to be priced at 59.57 by the end of this quarter and at 55.59 in one year, according to Trading Economics global macro models projections and analysts expectations.
Capital Power Corporation is a North American power producing company. The Company develops, acquires, owns and operates power generation from a range of energy sources. The Company is engaged in the operation of electrical generation facilities within Canada, including Alberta, British Columbia and Ontario, and in the United States, including North Carolina, Arizona, Alabama, New Mexico, Kansas, Texas, North Dakota and Illinois. It builds, owns and operates utility scale generation facilities that include renewables such as wind, solar and waste heat, and thermal such as natural gas and coal. It owns over 6,400 megawatts (MW) of power generation capacity at approximately 26 facilities across North America. In addition, approximately 425 MW of owned renewable generation capacity in North Carolina and Alberta. Its facilities include Genesee 1, 2 and 3, Clover Bar Landfill Gas, Clover Bar Energy Centre, Whitla 1.