|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||34.35 - 34.78|
|52-week range||28.99 - 36.42|
|Beta (5Y monthly)||0.70|
|PE ratio (TTM)||116.32|
|Earnings date||28 Jul 2022 - 01 Aug 2022|
|Forward dividend & yield||1.71 (5.05%)|
|Ex-dividend date||30 Mar 2022|
|1y target est||N/A|
The proposed project would serve Capital Power's Genesee Generating Station near Warburg, Alberta, which currently provides over 1,200 megawatts of baseload electricity generation to Albertans. Alberta, home to Canada's oil sands, is aiming to become a hub for carbon storage and hydrogen production as the world moves away from fossil fuel consumption and tries to cut climate-warming carbon emissions.
Capital Power Corporation (TSX: CPX) and Enbridge Inc. (TSX: ENB) (NYSE: ENB) are pleased to announce a memorandum of understanding to collaborate on carbon capture and storage (CCS) solutions in the Wabamun area west of Edmonton, Alberta, near Capital Power's Genesee Generating Station.