2015 Highlights & Achievements

405-megawatts > strengthened our contracted cash flow profile by adding 405-megawatts of owned generation to our fleet from three new facilities: the Shepard Energy Centre, K2 wind, and Beaufort Solar.

 

17% renewables > our renewable energy portfolio has increased from 4% in 2011 to 17% in 2015. We have added five new wind facilities and one solar facility over the past four years.

 

a lower-carbon future > supported the Alberta government’s action on climate change to reduce the province’s greenhouse gas emissions and increase renewables. Invested approximately $76 million in capital growth opportunities focused on natural gas, wind and solar—the power generation of the future as markets transition to a low-carbon economy.

 

95% plant availability > our operations achieved 95% plant availability, exceeding our target of 94%, thanks to leaders and employees committed to operational excellence and high maintenance standards.

 

7.4% dividend increase > delivering stable and growing returns to shareholders, we increased our dividend for a second consecutive year and approved a 7.4% dividend increase in 2015.

 

Zero Means Everything > focused on our goal of zero injuries and zero environmental incidents, we delivered our best health, safety, and environmental-incidents performance to date. We earned the Canadian Electricity Association President’s Award of Excellence for Employee Safety (silver level) at our Canadian operations, and in 2016, our Roxboro and Southport solid-fuels facilities received safe workplace gold awards from the North Carolina Department of Labor for 2015 performance.

 

$1.2 million> through our community investment program, we invested $1.2 million in communities where we are located.

 

6 consecutive years > Corporate Knights magazine named Capital Power to its list of the Best 50 Corporate Citizens in Canada, for the sixth year in a row.

 

$10 million> invested nearly $10 million in Alberta- based offset projects that reduce local greenhouse gas emissions. In 2015, we held one of the largest inventories of Alberta offsets.

 

3 new Board directors> three exceptional individuals, Patrick Daniel, Jill Gardiner and Kelly Huntington, were recruited based on an evaluation of the skills and experience the board of directors will require in the coming years, expanding our Board diversity.