BRIEF-Capital Power provides 2016 and dividend growth guidance By Reuters

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BRIEF-Capital Power provides 2016 and dividend growth guidance

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BRIEF-Capital Power provides 2016 and dividend growth guidance

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Dec 3 (Reuters) - Capital Power Corporation CPX.TO :
* Provides 2016 and dividend growth guidance
* Says "under challenging circumstances we are forecasting an 8 per cent growth
in cash flow per share in 2016."
* Sees 2016 plant maintenance capital and sustaining capital expenditures of up
to $65 million
* Says in December 2015, Capital Power expects to complete its first solar
project on-time and on-budget
* Sees dividend increase in-line with its annual dividend growth expectations
in 2016
* Says is well positioned to deliver on 7 per cent annual dividend growth
guidance through 2018
* Says expect to satisfy the carbon tax obligation through a "combination of
low-cost carbon credits and cash"

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Further company coverage CPX.TO

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