The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

It is generally safer to invest in companies that are larger, and thus more diversified, one analyst suggests. , he said, because “if something goes wrong with one of their assets it is not going to have as big an impact on the sustainability of the yield.” The Curtis Palmer facility near Corinth, New York, a run-of-river hydroelectric facility, is shown in a handout photo. Boston-based Atlantic Power Corp. (TSX:ATP) announced Monday it plans to acquire Capital Power Income L.P. (TSX:CPA.UN) in cash and stock deal that values the company at some $1.1 billion. THE CANADIAN PRESS/HO-Capital Power
It is generally safer to invest in companies that are larger, and thus more diversified, one analyst suggests. , he said, because “if something goes wrong with one of their assets it is not going to have as big an impact on the sustainability of the yield.” The Curtis Palmer facility near Corinth, New York, a run-of-river hydroelectric facility, is shown in a handout photo. Boston-based Atlantic Power Corp. (TSX:ATP) announced Monday it plans to acquire Capital Power Income L.P. (TSX:CPA.UN) in cash and stock deal that values the company at some $1.1 billion. THE CANADIAN PRESS/HO-Capital Power
(The Canadian Press)

Subscribers Only

Struggling Atlantic Power strikes wind power deal

Atlantic Power Corp. has inked a deal to acquire stakes in three wind projects as well as a development pipeline with 20 projects that promises more than 1,000 megawatts of solar and wind power.

Northland struck the deal with Veolia Environnement SA, a European development company, at a total price of $88-million. Many of the assets are located in Idaho, including the Goshen North project, which is being developed with BP’s wind energy arm.