Business NewsMarketWire • Capstone Infrastructure Corporation Prepares for Appeal in Litigation with Ontario Electricity Financial Corporation

Capstone Infrastructure Corporation Prepares for Appeal in Litigation with Ontario Electricity Financial Corporation

Capstone Infrastructure Corporation Prepares for Appeal in Litigation with Ontario Electricity Financial Corporation

TORONTO, ONTARIO--(Marketwired - April 10, 2015) - Capstone Infrastructure Corporation (TSX:CSE)(TSX:CSE.DB.A)(TSX:CSE.PR.A)(TSX:CPW.DB) acknowledged today that the Ontario Electricity Financial Corporation (OEFC) has served a Notice of Appeal in respect of the March 12, 2015 decision from the Ontario Superior Court of Justice. That decision determined, among other findings, that the OEFC did not properly calculate the price paid and payable for electricity produced under its power purchase agreements (PPAs) with Capstone and a number of other power producers in Ontario.

View More : http://www.marketwired.com/mw/release.do?id=2008704&sourceType=3
Releted News by marketwire
Stephens Hires Five Senior Investment Banking Professionals From Sterne Agee
Capstone Infrastructure Corporation Prepares for Appeal in Litigation with Ontario Electricity Financial Corporation
Fairfax Announces Acquisition of Shares of Cara Operations Limited