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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.
Capital Power Corporation has agreed to acquire Goreway Power Station Holdings Inc., which owns the 875 MW Goreway natural gas combined cycle facility in Ontario, for $387 million in cash plus the assumption of $590 million in debt. The acquisition is expected to close in Q2 2019.