Capital Power Income

Last updated
Capital Power Income L.P.
Company type Limited partnership
TSX: CPA.UN
IndustryElectric generation
FoundedMarch 27, 1997
DefunctNovember 7, 2011 (2011-11-07)
FateAcquired
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.

Contents

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

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

Related Research Articles

<span class="mw-page-title-main">Emera</span> Canadian energy company

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.

The Public Service Enterprise Group, Inc. (PSEG) is a publicly traded diversified energy company headquartered in Newark, New Jersey, US established in 1985 with a legacy dating back to 1903.

Puget Sound Energy (PSE) is an energy utility company based in the U.S. state of Washington that provides electrical power and natural gas to the Puget Sound region. The utility serves electricity to more than 1.1 million customers in Island, King, Kitsap, Kittitas, Pierce, Skagit, Thurston, and Whatcom counties, and provides natural gas to 750,000 customers in King, Kittitas, Lewis, Pierce, Snohomish and Thurston counties. The company's electric and natural gas service area spans 6,000 square miles (16,000 km2).

<span class="mw-page-title-main">Xcel Energy</span> American utility company

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving more than 3.7 million electric customers and 2.1 million natural gas customers across parts of eight states. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

<span class="mw-page-title-main">Portlands Energy Centre</span>

The Portlands Energy Centre is a 550-megawatt natural gas electrical generating station in Toronto, Ontario. It is located in the Port Lands area of the Toronto waterfront at 470 Unwin Avenue, adjacent to the site of the decommissioned Hearn Generating Station.

<span class="mw-page-title-main">Electricity sector in Canada</span>

The electricity sector in Canada has played a significant role in the economic and political life of the country since the late 19th century. The sector is organized along provincial and territorial lines. In a majority of provinces, large government-owned integrated public utilities play a leading role in the generation, transmission, and distribution of electricity. Ontario and Alberta have created electricity markets in the last decade to increase investment and competition in this sector of the economy.

<span class="mw-page-title-main">TransAlta</span> Canadian electricity generation company

TransAlta Corporation is an electricity power generator and wholesale marketing company headquartered in Calgary, Alberta, Canada. It is a privately owned corporation and its shares are traded publicly. It operates 76 power plants in Canada, the United States, and Australia. TransAlta operates wind, hydro, natural gas, and coal power generation facilities. The company has been recognized for its leadership in sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index, and the Jantzi Social Index. TransAlta is Canada's largest investor-owned renewable energy provider.

National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas, providing both to customers in New York and Massachusetts.

NiSource Inc. is one of the largest fully regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The company, based in Merrillville, Indiana, has more than 8,000 employees. As of 2018, NiSource is the sole Indiana-based utility company.

<span class="mw-page-title-main">EPCOR Utilities</span> Utility company based in Edmonton, Alberta

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.

<span class="mw-page-title-main">Alliant Energy</span> Public utility holding company based in Madison, Wisconsin, US

Alliant Energy Corporation is a public utility holding company headquartered in Madison, Wisconsin, providing power in Iowa and Wisconsin.

<span class="mw-page-title-main">Energy policy of Canada</span>

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.

<span class="mw-page-title-main">Electricity Commission of New South Wales</span>

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.

<span class="mw-page-title-main">Electricity policy of Alberta</span>

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.

<span class="mw-page-title-main">Capital Power</span> Canadian power generation

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.

AltaLink, L.P. is one of Canada's largest electricity transmission companies. Based in Alberta, AltaLink is responsible for the maintenance and operation of approximately 12,000 kilometres of transmission lines and 280 substations in Alberta. AltaLink is owned by Berkshire Hathaway Energy.

Algonquin Power & Utilities Corp. is a Canadian renewable energy and regulated utility conglomerate with assets across North America. Algonquin actively invests in hydroelectric, wind and solar power facilities, and utility businesses, through its three operating subsidiaries: Bermuda Electric Light Company, Liberty Power and Liberty Utilities.

References

  1. "Company Profile for EPCOR (CA;EP.UN)" . Retrieved 2009-04-28.
  2. 1 2 "Atlantic Power Corporation". Archived from the original on 2011-11-22. Retrieved 2011-11-12.
  3. "TC Energy — Contractors, Suppliers and Vendors" . Retrieved 2009-06-10.
  4. "EPCOR Power L.P. And EPCOR Power Equity LTD. Announce name changes".