Here’s a stable power trust buy

CAPITAL POWER INCOME L.P. $17.78 (Toronto symbol CPA.UN; Shares outstanding: 53.9 million; Market cap: $958.3 million; SI Rating: Extra Risk; Dividend yield: 9.9%) is the new name of Epcor Power L.P. The change was made because Capital Power Corporation (Toronto symbol CPX) bought Epcor Utilities’… Read More

New name for Epcor Power

CAPITAL POWER INCOME L.P. $13.91 (Toronto symbol CPA.UN; Shares outstanding: 53.9 million; Market cap: $749.7 million; SI Rating: Extra Risk) is the new name of Epcor Power L.P. The change was made because Capital Power Corporation (Toronto symbol CPX) bought Epcor Utilities’ interest in Epcor… Read More

EPCOR POWER, L.P. $15.04

EPCOR POWER, L.P. $15.04 (Toronto symbol EP.UN; Shares outstanding: 53.9 million; Market cap: $810.7 million; SI Rating: Extra Risk) has interests in 25 power plants in Canada and the U.S. These generate a total of 1,400 megawatts.

In the three months ended June 30, 2009, EPCOR’s… Read More

These trusts aim for steady payouts

EPCOR POWER, L.P. $15.04 (Toronto symbol EP.UN; Shares outstanding: 53.9 million; Market cap: $810.7 million; SI Rating: Extra Risk) has interests in 25 power plants in Canada and the U.S. These generate a total of 1,400 megawatts.

In the three months ended June 30, 2009, EPCOR’s… Read More

Acquisitions add growth — and some risk

EPCOR POWER, L.P. $13.80 (Toronto symbol EP.UN; Shares outstanding: 53.9 million; Market cap: $743.8 million; SI Rating: Extra Risk) has interests in 26 power plants in Canada and the U.S.

In total, the plants generate 1,502 megawatts. In the three months ended December 31, 2008, EPCOR’s… Read More

Acquisitions Raise Risk for These Two Trusts

EPCOR POWER, L.P. $17.41 (Toronto symbol EP.UN; Shares outstanding: 53.9 million; Market cap: $938.3 million; SI Rating: Extra risk) owns 20 power plants in Canada and the U.S. with total generating capacity of 1,464 megawatts.

In the three months ended September 30, 2008, revenues fell 10%,… Read More

Two Utility Buys for Income and Growth

FORT CHICAGO ENERGY TRUST $10.89 (Toronto symbol FCE.UN; SI Rating: Extra Risk) owns 50% of the Alliance Pipeline, a 36-inch diameter natural gas pipeline. It extends 3,000 kilometres from Fort St. John in B.C. to Chicago, Illinois. Enbridge Inc. owns the other 50% interest. The… Read More

Four Trust Buys for Income and Growth

BELL ALIANT REGIONAL COMMUNICATIONS INCOME FUND $28.75 (Toronto symbol BA.UN: SI Rating: Above average) is the main provider of telephone services in Atlantic Canada. It also serves rural parts of Ontario and Quebec.

As part of the deal that created Bell Aliant, the fund transferred the… Read More

Two power trusts: one buy, one hold

ALGONQUIN POWER INCOME FUND $8.43 (Toronto symbol APF.UN; SI Rating: Extra Risk) now has direct or indirect interests in 48 hydroelectric facilities — 4 in Ontario, 12 in Quebec, 13 in New York State, 13 in New Hampshire, 1 in Alberta, 2 in Vermont, 1.. Read More

2 Utility Trusts for Income & Growth

TRANSALTA POWER, L.P. $8.08 (Toronto symbol TPW.UN; SI Rating: Extra risk) owns a 49.99% interest in TransAlta Cogeneration, L.P., which in turn holds interests in five gas-fired cogeneration plants in Ontario, Saskatchewan and Alberta, and in the Sheerness coal-fired plant in Alberta. TransAlta Power has… Read More