Business
Capital Power provides updates at annual Investor Day event
Capital Power provides updates at annual Investor Day event
About this update from Capital Power Corporation
[{"type":"text","content":"\n\n\n\n Dec. 9, 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\nEDMONTON, Dec. 9 /CNW/ - Capital Power Corporation (TSX: CPX) (Capital\n Power or the Company) is hosting its 2010 Investor Day event in Toronto\n at the St. Andrew's Club and Conference Centre starting at 8:30 a.m.\n Eastern Time today. The Company's executive leadership team will\n provide investors with a review of Capital Power's operations,\n strategy, and corporate priorities for 2011. The event can be accessed\n through a webcast that will be available on the Company's website at www.capitalpower.com.\n\n\nCorporate Updates\nFinancial and operating information provided during the presentation\n includes:\n\n\n\nAffirmation that Capital Power is expected to meet or exceed its 2010\n normalized Earnings Per Share (EPS) guidance of approximately $1.20;\n\n\nUpdates on the Company's capital structure and debt maturity profile\n following recent offerings of cumulative rate reset preferred shares\n and unsecured medium term note debentures, and following the expected\n close of the recently announced secondary offering of Capital Power's\n common shares by a subsidiary of EPCOR;\n\n\nUpdate on the transition from Canadian GAAP accounting standards to\n International Financial Reporting Standards; and,\n\n\nForecast full-year 2010 operating availability of 91% for Capital Power\n facilities.\n\n\n\nDevelopment and growth updates provided during the presentation include:\n\n\n\nProgress on construction and develop...