iCON-owned Capstone acquires Ontario wind facility
Capstone Infrastructure Corp (TSX: CSE.PR.A) has acquired the Watford Wind Facility, a 10-megawatt facility located near Ontario's Brooke-Alvinston municipality. No financial terms were disclosed. The seller was Zephyr Farms Ltd, a Toronto-based owner and operator of wind farms. Capstone, a Toronto-based power generation business, said the deal increases its Ontario wind assets to 194 megawatts. Capstone was acquired in 2016 by iCON Infrastructure, a U.K. infrastructure investment firm, for about $480 million.
4 February 2019•2 mins read
