Cannabaceae

Capstone Infrastructure Corporation
Company typePublic
TSXCSE.PR.A
IndustryElectricity Generation
Headquarters,
Key people
Michael Bernstein, President & CEO
RevenueC$138.48m
C$20.91m
C$11.26m
SubsidiariesClean Power Operating Trust

Capstone Infrastructure Corporation is a Toronto, Ontario-based open-ended trust that invests in the following types of power generation assets: Natural Gas cogeneration, Wind, Hydro, Biomass and Solar.[1] It was formerly known as Macquarie Power & Infrastructure Income Fund.

Corporate History[edit]

Macquarie Power & Infrastructure Income Fund (MP&I) first listed on the Toronto Stock Exchange in April 2004 as Macquarie Power Income Fund with the 156MW Cardinal natural gas plant as its sole asset.[2] In April 2005, the fund's founding President & CEO Bob Rollison announced a broader acquisition strategy that would include infrastructure assets beyond the energy sector.[3]

Leisureworld Acquisition and Divestiture[edit]

This broader mandate allowed MP&I to acquire 45% of Leisureworld, an operator of Long-Term care facilities in Ontario, in 2005. However, management opted to divest this asset in 2009 - arguing that they wanted to focus more on "core infrastructure categories, such as power generation, electricity transmission or distribution, and utilities and transportation."[4]

Subsidiaries & Related Firms[edit]

Regional Power[edit]

Regional Power, a subsidiary of Manulife Financial, oversees the day-to-day operations at MP&I's four hydro facilities (Sechelt, Hluey Lakes, Dryden and Wawatay).

Clean Energy Income Fund[edit]

In June 2007, MP&I completed the purchase of Clean Power Income Fund, which roughly doubled its assets.[5] This transaction marked MP&I's entry into the renewable energy market, as it acquired one wind farm (Erie Shores), four hydro projects (Sechelt, Hluey Lakes, Wawatay and Dryden), the Whitecourt biomass plant, and a 31.3% interest in the Chapais biomass plant.

Projects[edit]

Operational Power Projects[edit]

Name Location Fuel Source Capacity (MW) Ref
Cardinal Ontario Natural Gas 156 [6]
Erie Shores Ontario Wind 99 [7]
Ganaraska Ontario Wind 17 [8]
Sechelt British Columbia Hydro 16 [9]
Hluey Lakes British Columbia Hydro 3 [10]
Wawatay Ontario Hydro 14 [11]
Dryden Ontario Hydro 3 [12]
Whitecourt Alberta Biomass 25 [13]
Chapais Québec Biomass 28 [14]

Projects Under Construction[edit]

MP&I is developing a 20MW solar park in Amherstburg, Ontario. SunPower has been contracted to design, build and operate the facility, which has been awarded a 30-year Power Purchase Agreement by the Ontario Power Authority.[15]

References and footnotes[edit]

  1. ^ "Macquarie Group Limited | Global Financial Services". www.macquarie.com.
  2. ^ Macquarie Power Income Fund Media Release, 30 April 2004
  3. ^ Macquarie Power Income Fund Press Release, 14 April 2005
  4. ^ MP&I Annual Report, 2009
  5. ^ MP&I Annual Report, 2007
  6. ^ "Macquarie Power & Infrastructure Income Fund - Portfolio - Cardinal". Archived from the original on 2010-12-28. Retrieved 2010-12-03.
  7. ^ "Power Portfolio". capstoneinfrastructure.com. Retrieved 2024-01-20.
  8. ^ "Power Portfolio". www.capstoneinfrastructure.com. Retrieved 2024-01-21.
  9. ^ "Macquarie Power & Infrastructure Income Fund - Portfolio - Sechelt". Archived from the original on 2010-12-28. Retrieved 2010-12-03.
  10. ^ "At-a-glance | Capstone Infrastructure's mission is to build and responsibly manage a high quality portfolio of core infrastructure businesses in Canada and internationally in order to deliver a superior total return to our investors through stable dividends and capital appreciation. Our portfolio currently includes power infrastructure and utilities businesses in Canada and Sweden, respectively". 2011-09-23. Archived from the original on 2011-09-23. Retrieved July 6, 2023.
  11. ^ "Macquarie Power & Infrastructure Income Fund - Portfolio - Wawatay". Archived from the original on 2010-12-28. Retrieved 2010-12-03.
  12. ^ "Macquarie Power & Infrastructure Income Fund - Portfolio - Dryden". Archived from the original on 2010-12-28. Retrieved 2010-12-03.
  13. ^ "Macquarie Power & Infrastructure Income Fund - Portfolio - Whitecourt". Archived from the original on 2010-10-04. Retrieved 2010-12-03.
  14. ^ "Macquarie Power & Infrastructure Income Fund - Portfolio - Chapais". Archived from the original on 2010-12-28. Retrieved 2010-12-03.
  15. ^ "Macquarie Power & Infrastructure Income Fund - Portfolio - Amherstburg Solar Park". Archived from the original on 2010-12-28. Retrieved 2010-12-03.

External links[edit]

One thought on “Cannabaceae

  1. Well, that’s interesting to know that Psilotum nudum are known as whisk ferns. Psilotum nudum is the commoner species of the two. While the P. flaccidum is a rare species and is found in the tropical islands. Both the species are usually epiphytic in habit and grow upon tree ferns. These species may also be terrestrial and grow in humus or in the crevices of the rocks.
    View the detailed Guide of Psilotum nudum: Detailed Study Of Psilotum Nudum (Whisk Fern), Classification, Anatomy, Reproduction

Leave a Reply