2015 Economic Responsibility

​We are investing in the power generation our communities need to make the transition to a lower-carbon future, while powering economic growth.

In 2015, we:

  • Continued to create shareholder value through operational excellence, financial strength and flexibility, and disciplined growth.

  • Achieved our three targets for operational excellence including plant availability, sustaining capital expenditures and plant operating and maintenance expenses.

  • Generated $400 million in funds from operations and normalized earnings attributable to common shareholders of $111 million or $1.15 per share, despite challenging market and economic conditions and the evolving public policy environment in power generation.

  • Strengthened our cash flow by adding 505-MW of owned generation capacity, of which 405-MW is contracted.

  • Completed three new facilities (natural gas, wind and solar) on time and under budget.

  • Approved a 7.4% increase in the annual dividend.