Wednesday, July 22, 2026
Capital Power to pursue U.S. acquisitions, negotiate Alberta data centre deal- oil and gas 360

Capital Power to pursue U.S. acquisitions, negotiate Alberta data centre deal

(BOE Report) – EDMONTON – Capital Power Corp. has announced agreements to pursue U.S. natural gas power acquisitions and to supply electricity to a data centre developer in Alberta. The Edmonton-based power generator says it has reached a memorandum of understanding with Apollo Funds to form a US$3-billion investment partnership to buy merchant natural gas assets across the United States. Separately,