Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, owns, and operates power generation facilities using a variety of energy sources.
Capital Power owns nearly 6,000 megawatts (MW) of power generation capacity at 26 facilities across North America. Approximately 900 MW of owned generation capacity is in advanced development in Alberta and Illinois.
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.
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 Facility. The project will be located southwest of the City of Medicine Hat in Forty Mile County, Alberta.