Capital Power's Entry into U.S. Power Market Bodes Well for Growth -- Market Talk

Dow Jones

Apr 23, 2025

1205 ET - Capital Power is taking a big strategic step with the acquisition of two large-scale natural gas generation facilities. Scotiabank's Robert Hope says acquiring the Hummel Station and Rolling Hills from LS Power $2.2 billion marks Capital Power's entry into the PJM Interconnection, a large power market in North America, covering multiple states in the U.S. The move "significantly diversifies its geographic footprint and enhances its flexible generation portfolio." Hope sees the acquisition positively "as it aligns with CPX's growth strategy, leverages its operational expertise, and establishes a meaningful presence in a key U.S. power market with favourable fundamentals." (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

April 22, 2025 12:05 ET (16:05 GMT)

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Scotiabank's Robert Hope says acquiring the Hummel Station and Rolling Hills from LS Power $2.2 billion marks Capital Power's entry into the PJM Interconnection, a large power market in North America, covering multiple states in the U.S. The move \"significantly diversifies its geographic footprint and enhances its flexible generation portfolio.\" Hope sees the acquisition positively \"as it aligns with CPX's growth strategy, leverages its operational expertise, and establishes a meaningful presence in a key U.S. power market with favourable fundamentals.\" (adriano.marchese@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2025 12:05 ET (16:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Capital Power's Entry into U.S. Power Market Bodes Well for Growth -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapital Power's Entry into U.S. Power Market Bodes Well for Growth -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-23 00:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1205 ET - Capital Power is taking a big strategic step with the acquisition of two large-scale natural gas generation facilities. Scotiabank's Robert Hope says acquiring the Hummel Station and Rolling Hills from LS Power $2.2 billion marks Capital Power's entry into the PJM Interconnection, a large power market in North America, covering multiple states in the U.S. The move \"significantly diversifies its geographic footprint and enhances its flexible generation portfolio.\" Hope sees the acquisition positively \"as it aligns with CPX's growth strategy, leverages its operational expertise, and establishes a meaningful presence in a key U.S. power market with favourable fundamentals.\" (adriano.marchese@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2025 12:05 ET (16:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PW","symbol_name":"Power REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529539535","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529539535","pubTimestamp":1745337900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1205 ET - Capital Power is taking a big strategic step with the acquisition of two large-scale natural gas generation facilities. Scotiabank's Robert Hope says acquiring the Hummel Station and Rolling Hills from LS Power $2.2 billion marks Capital Power's entry into the PJM Interconnection, a large power market in North America, covering multiple states in the U.S. The move \"significantly diversifies its geographic footprint and enhances its flexible generation portfolio.\" Hope sees the acquisition positively \"as it aligns with CPX's growth strategy, leverages its operational expertise, and establishes a meaningful presence in a key U.S. power market with favourable fundamentals.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PW":"Power REIT","BK4084":"特种房地产投资信托","BK4234":"特殊用途房地产信托"},"translate_title":"Capital Power进入美国电力市场预示着增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PW":1},"content_text":"1205 ET - Capital Power is taking a big strategic step with the acquisition of two large-scale natural gas generation facilities. Scotiabank's Robert Hope says acquiring the Hummel Station and Rolling Hills from LS Power $2.2 billion marks Capital Power's entry into the PJM Interconnection, a large power market in North America, covering multiple states in the U.S. The move \"significantly diversifies its geographic footprint and enhances its flexible generation portfolio.\" Hope sees the acquisition positively \"as it aligns with CPX's growth strategy, leverages its operational expertise, and establishes a meaningful presence in a key U.S. power market with favourable fundamentals.\" (adriano.marchese@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 22, 2025 12:05 ET (16:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}