Capital Power Income

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Capital Power Income L.P.
Company typeLimited partnership
TSX: CPA.UN
IndustryElectric generation
FoundedMarch 27, 1997
DefunctNovember 7, 2011 (2011-11-07)
FateAcquired
SuccessorAtlantic Power Corporation
Headquarters,
Key people
Stuart Lee, President
Number of employees
24 (2008)[1]
Websitewww.capitalpowerincome.ca

Capital Power Income L.P. was a limited partnership that was engaged in the generation, acquisition, and sale of electricity in Canada and the United States.

The Edmonton, Alberta-based company was founded in 2002, and acquired by Atlantic Power Corporation in 2011.[2]

The company owned and operated a number of power plants and other assets in Canada and the United States, including coal-fired, natural gas-fired, and wind energy facilities. It sold electricity to a range of customers, including utilities, industrial users, and other power marketers.

Capital Power Income was the parent company of Capital Power Corporation, which is still operational today as a publicly traded company in the business of electricity generation and transmission.

History

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Founded as TransCanada Power L.P. the company was renamed EPCOR Power L.P. after TransCanada Corporation sold its interest in the partnership to EPCOR Utilities Incorporated on September 1, 2005.[3] It was then renamed on November 5, 2009 to reflect the transfer of ownership from EPCOR Utilities to its newly created spin-off Capital Power Corporation.[4]

On November 7, 2011, Atlantic Power Corporation completed it plan of arrangement to acquire the company.[2]

See also

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References

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