Company type | Limited partnership |
---|---|
TSX: CPA.UN | |
Industry | Electric generation |
Founded | March 27, 1997 |
Defunct | November 7, 2011 |
Fate | Acquired |
Successor | Atlantic Power Corporation |
Headquarters | , |
Key people | Stuart Lee, President |
Number of employees | 24 (2008) [1] |
Website | www.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.
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]
Emera Incorporated is a publicly traded Canadian multinational energy holding company based in Halifax, Nova Scotia. Created in 1998 during the privatization of Nova Scotia Power, a provincial Crown corporation, Emera now invests in regulated electricity generation as well as transmission and distribution across North America and the Caribbean.
Fortis Inc. is a St. John's, Newfoundland and Labrador-based international diversified electric utility holding company. It operates in Canada, the United States, Central America, and the Caribbean. In 2015, it earned CA$6.7 billion.
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EPCOR Utilities Inc., formerly known as Edmonton Power Corporation, is a utility company based in Edmonton, Alberta. EPCOR manages water, wastewater, natural gas, and electricity distribution systems in the Canadian provinces of Alberta, British Columbia, and Ontario, and the American states of Arizona, New Mexico, and Texas. In addition, the company maintains and provides engineering support for traffic signals and street lights within the City of Edmonton, as well as other cities in Alberta. EPCOR is a municipally owned corporation with the City of Edmonton as sole shareholder.
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Canada has access to all main sources of energy including oil and gas, coal, hydropower, biomass, solar, geothermal, wind, marine and nuclear. It is the world's second largest producer of uranium, third largest producer of hydro-electricity, fourth largest natural gas producer, and the fifth largest producer of crude oil. In 2006, only Russia, the People's Republic of China, the United States and Saudi Arabia produce more total energy than Canada.
The Electricity Commission of New South Wales, sometimes called Elcom, was a statutory authority responsible for electricity generation and its bulk transmission throughout New South Wales, Australia. The commission was established on 22 May 1950 by the Electricity Commission Act 1950 to take control of power generation in the State. The commission acquired the power stations and main transmission lines of the four major supply authorities: Southern Electricity Supply, Sydney County Council, the Department of Railways and the Electric Light and Power Supply Corporation Ltd, also known as the Balmain Electric Light Company, the owner and operator of Balmain Power Station. The commission was responsible for the centralised co-ordination of electricity generation and transmission in the State, and some local councils continued to be distributors of electricity only.
The electricity policy of Alberta, enacted through several agencies, is to create an electricity sector with a competitive market that attracts investors, while providing consumers with reliable and affordable electricity, as well as reducing harmful pollution to protect the environment and the health of Albertans, according to their 2022 website.
Capital Power is a North American independent power generation company based in Edmonton, Alberta, Canada. It develops, acquires, owns and operates power generation facilities using a variety of energy sources.
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