Capital Power Income
{{Short description|North American electricity company}}
{{Infobox company
| name = Capital Power Income L.P.
| logo = Capital Power Income (logo).svg
| logo_size = 200px
| type = Limited partnership
| traded_as = {{TSX was|CPA.UN}}
| fate = Acquired
| successor = Atlantic Power Corporation
| defunct = {{End date|2011|11|07}}
| genre =
| foundation = March 27, 1997
| founder =
| location_city = Edmonton, Alberta
| location_country = Canada
| location =
| locations =
| area_served =
| key_people = Stuart Lee, President
| industry = Electric generation
| products =
| services =
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| owner =
| num_employees = 24 (2008){{cite web |url=http://zenobank.com/index.php?symbol=CA;EP.UN&page=quotesearch |title=Company Profile for EPCOR (CA;EP.UN) |accessdate=2009-04-28}}
| parent =
| divisions =
| subsid =
| homepage = [https://archive.today/20100603032344/http://www.capitalpowerincome.ca/ www.capitalpowerincome.ca]
| footnotes =
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}}
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.
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.{{Cite web |url=http://www.transcanada.com/power/powerlp.html |access-date=2009-06-10 |title=TC Energy — Contractors, Suppliers and Vendors }} 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.{{cite web |title=EPCOR Power L.P. And EPCOR Power Equity LTD. Announce name changes |url=http://www.newswire.ca/en/releases/archive/November2009/05/c5359.html}}
On November 7, 2011, Atlantic Power Corporation completed it plan of arrangement to acquire the company.{{cite web |title=Atlantic Power Corporation |url=http://www.atlanticpower.com/about-us/cpilp-welcome.aspx |url-status=dead |archiveurl=https://web.archive.org/web/20111122010443/http://www.atlanticpower.com/about-us/cpilp-welcome.aspx |archivedate=2011-11-22 |accessdate=2011-11-12}}
See also
References
{{Reflist}}
External links
- [https://archive.today/20100603032344/http://www.capitalpowerincome.ca/ Capital Power Income L.P. Website]
- [http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00004877 SEDAR Profile]
Category:Defunct electric power companies of Canada
Category:Companies based in Edmonton
Category:Defunct companies of Alberta
Category:Electric power companies of Alberta
Category:1997 establishments in Alberta
Category:2011 mergers and acquisitions
Category:2011 disestablishments in Alberta
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