Business
Capital Power Corporation and EPCOR Announce Completion of $200 Million Secondary Offering of Common Shares
Capital Power Corporation and EPCOR Announce Completion of $200 Million Secondary Offering of Com...
About this update from Capital Power Corporation
[{"type":"text","content":"\n\n\n\n Dec. 14, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n\n\n\n/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\n\nEDMONTON, Dec. 14 /CNW/ - Capital Power Corporation (TSX: CPX) ("Capital\n Power") and EPCOR Utilities Inc. ("EPCOR") announced today that EPCOR\n has completed its previously-announced sale of 8,334,000 common shares\n of Capital Power at an offering price of $24.00 per common share.\n\n\nThe underwriters have an option to purchase up to an additional\n 1,250,000 common shares at $24.00 per common share to cover\n over-allotments. The over-allotment option is exercisable, in whole or\n in part, at any time up to 30 days after today's closing.\n\n\nEPCOR currently indirectly owns 61.6% of the common shares of Capital\n Power, prior to any exercise of the over-allotment option, on a fully\n diluted basis which it intends to sell as its demands for capital\n require and market conditions permit.\n\n\nForward-Looking Information\nCertain information in this news release relating to EPCOR is forward\n looking and related to anticipated events and strategies. When used in\n this context, words such as "will", "anticipate", "believe", "plan",\n "intend", "target" and "expect" or similar words suggest future\n outcomes. By their nature, such statements are subject to significant\n risks and uncertainties, which include, but are no...