Capital Power to acquire Arlington Valley gas facility for US$300M

Capital Power Corporation agreed to acquire 100% of the ownership interests in Arlington Valley, LLC, which owns a 580 MW combined cycle natural gas generation facility in Arizona, from Oaktree Capital Management for US$300 million. The transaction is expected to close in Q4 2018.

“The Arlington facility is a key addition to our U.S. growth plans and fully meets all our investment criteria.”globenewswire.com

• 1 source
• globenewswire.comCapital Power to acquire well-positioned 580 megawattCapital Power CorporationSep 6, 2018

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