Capital Power sells stake in two Canadian wind facilities to Axium
Capital Power has announced the sale of a 49% interest in two Canadian wind facilities to Axium Infrastructure for approximately $340 million. The facilities include the 142 MW Quality Wind project in British Columbia and the 104 MW Port Dover and Nanticoke wind project in Ontario, with a combined capacity of 246 MW. The assets are fully contracted with investment-grade counterparties, featuring a weighted average remaining contract life of 11 years. Capital Power will retain…