Stocks in Play

Capital Power Corporation

03:31 PM EST - Capital Power Corporation : Released details of agreements reached with the Government of Alberta relating to the 2030 coal phase-out and settlement of the Power Purchase Arrangement dispute. As compensation for the capital that Capital Power invested in coal generating assets that will be "stranded" effective December 31, 2030, Capital Power will receive cash payments from the Province of $52.4 million annually for 14 years, commencing July 31, 2017, for a total of $734 million. Capital Power Corporation shares T.CPX are trading up $1.92 at $23.31.