Press release from Business Wire
Capstone Infrastructure Corporation Announces Director Resignation
Thursday, February 28, 2013
TORONTO (Business Wire) -- Capstone Infrastructure Corporation (TSX: CSE; CSE.DB.A; CSE.PR.A – the “Corporation”) today announced the resignation of Derek Brown from his position as a Director of the Corporation.
Mr. Brown joined the Board of Directors in 2004 as Chairman of the Board, a role he held until 2011.
“On behalf of Capstone Infrastructure Corporation and the Board of Directors, I would like to offer my deepest thanks and appreciation to Derek for his many years of distinguished service to the company,” said Mr. V. James Sardo, Chairman of the Board. “In addition to being one of our longest-serving directors, Derek has made significant contributions to the Corporation during his tenure. We were very fortunate to benefit from Derek's counsel and guidance and we wish him the very best in his future endeavours.”
“It has been an honour to serve on the Corporation's Board of Directors,” said Derek Brown. “I am proud of how the company has evolved over the past nine years from an externally-managed income fund with a single investment to an independent corporation with a diversified, international portfolio and seasoned management team. As I complete my transition from the board, I am confident that a strong foundation is in place for Capstone Infrastructure to enjoy future success.”
About Capstone Infrastructure Corporation
Capstone Infrastructure Corporation's mission is to build and responsibly manage a high quality portfolio of infrastructure businesses in Canada and internationally in order to deliver a superior total return to shareholders by providing reliable income and capital appreciation. The Corporation's portfolio currently includes investments in gas cogeneration, wind, hydro, biomass and solar power generating facilities, representing approximately 370 MW of installed capacity, a 33.3% interest in a district heating business in Sweden, and a 50% interest in a regulated water utility in the United Kingdom. Please visit www.capstoneinfrastructure.com for more information.
Capstone Infrastructure Corporation
Sarah Borg-Olivier, 416-649-1325
Senior Vice President, Communications