The chief executive of Capital Power Corp. said a key focus in the months ahead will be digesting two soon-to-be purchased U.S. natural gas power plants.
The Edmonton-based power generator announced a $3-billion deal earlier this month to buy the Hummel power station in Pennsylvania and the Rolling Hills station in Ohio. Both are owned by subsidiaries of LS Power Equity Advisers LLC and the purchase is expected to close in the third quarter.
