Capital Power Corp. (CPX.TO) on Wednesday announced key 2030 targets at its Investor Day, including a 50 percent increase in U.S. capacity, 13 to 15 percent annual shareholder returns, and 8 to 10 percent annual AFFO growth.
The company announced two key agreements; one is a memorandum of understanding with Apollo-managed funds to form a $3 billion partnership aimed at acquiring natural gas assets in the U.S.
The other is a binding MOU for a 250 MW electricity supply deal with a top-tier data center developer in Alberta.
CPX.TO is currently trading at CAD 63.20, up CAD 2.33 or 3.56 percent on the Toronto Stock Exchange.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.