# Capital Power to acquire Goreway Power Station from JERA and Toyota Tsusho

Capital Power Corporation agreed to acquire Goreway Power Station Holdings Inc., owner of the 875 MW Goreway Power Station, from JERA and Toyota Tsusho for CAD 387 million in cash plus assumption of CAD 590 million debt.

- Type: Acquisition
- Announced: 2019-05-24
- Where: Canada
- Value: $288.5M (387.0M CAD)
- Status: announced
- Capacity: 875 MW
- Products: natural gas combined cycle generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Toyota Tsusho](https://endata.com/companies/3935.md) (partner)
- [JERA](https://endata.com/companies/5225.md) (partner)
- [Capital Power Corporation](https://endata.com/companies/22368.md) (acquirer)
- [Goreway Power Station Holdings Inc.](https://endata.com/companies/39111.md) (target)

## Sources

- [ippjournal.com](https://ippjournal.com/update/capital-power-enters-agreement-with-jera-and-toyota-to-acquire-goreway-power-station-holdings-inc), 2019-05-24: "Capital Power Corporation has announced that it has entered into an agreement to acquire Goreway Power Station Holdings Inc."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.