April 12 (Reuters) - Capital Power Corp: * Capital Power announces acquisition of Decatur Energy Center and a $183 million subscription receipt offering * Capital Power is reaffirming its 2017 AFFO guidance of $320 million to $365 million * Capital Power Corp -deal for U.S. $441 million * Capital Power Corp - to acquire Decatur Power Holdings LLC, which owns Decatur Energy Center from an affiliate of LS Power Equity Partners III * Capital Power Corp - acquisition will be financed by net proceeds raised through subscription receipt offering * Acquisition further supports company’s 7pct annual dividend growth guidance for 2017 and 2018 * Capital Power - acquisition is expected to increase adjusted funds from operations (AFFO) by an estimated $43 million in first full year of operations * Capital Power Corp - acquisition is expected be accretive by 18 cents per share reflecting a 6pct increase over first full year of operations * Capital Power Corp - acquisition is expected to be neutral to earnings per share * Capital Power - balance of acquisition to be financed through debt using temporary expansion of co’s bank facilities Source text for Eikon: Further company coverage:
Canadian firm Decatur Power Holdings is set to acquire LS Power Equity Partners III from an affiliate of Decatur Power Holdings , in a deal worth $ $183 m. The purchase will be financed through a $183 m subscription receipt offering and is expected to increase AFFO by an estimated $43m . It will also be accretive by 441 per share, a 6% increase over the first full year of operations.