Quote:
Originally Posted by yads
Maybe they should sell or spinoff the trading desk as a publicly traded company. That way the city owns the generation assets, but isn't exposed to some of the risky speculative trading that the trading desk does. Epcor did the same thing with Capital Power.
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EPCOR doesn't own the generation assets, though, do they? The way I understand it, Capital Power is publicly traded and includes all of the generation assets.
The City of Edmonton still owns all the distribution and transmission assets, as well as all the water treatment and distribution assets.
I still don't understand how EPCOR's strategy of selling off Capital Power will work for them, though. They've basically hinged all of their growth potential on the price of a stock that they don't control. Sounds pretty risky to me.