Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources.
Capital Power owns approximately 3,500 megawatts of power generation capacity at 20 facilities across North America. More than 700 megawatts of owned generation capacity is in advanced development in Alberta and Kansas.
800-MW natural gas facility jointly owned with ENMAX Corporation.
The commercial arrangements for Shepard with ENMAX include a 20-year tolling contract where 75% of Capital Power’s capacity is contracted from 2015 to 2017 and 50% thereafter to 2035. The tolling agreement has operating and maintenance cost and sustaining capital flow-through.
270-MW wind facility jointly owned with a consortium composed of Axium Infrastructure, Alberta Teachers’ Retirement Fund Board and Manulife Financial Corporation, Pattern Renewable Holdings Canada ULC, and Capital Power.
The Genesee Mine operation, located in Leduc County, is a 50/50 joint venture between Capital Power LP and Westmoreland Coal Company. Operations at the Genesee Mine commenced in 1989, and supply coal at a rate of 5.5 million tonnes per year to three existing generating units.
Capital Power is proposing to build the Halkirk 2 Wind Power Facility (H2 Project). The project will be located north of Capital Power's existing Halkirk Wind Facility in east-central Alberta within Paintearth County.
Capital Power is proposing to build the Whitla Wind Power Facility. The project will be located southwest of the City of Medicine Hat in Forty Mile County, Alberta.