Why Invest in Capital Power
Since 2009, Capital Power (TSX: CPX) has focused its strategy on being a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy. Headquartered in Edmonton, Alberta, Canada, we build, own and operate high-quality, utility-scale generation facilities that include renewables and thermal. We have also made significant investments in carbon capture and utilization to reduce carbon impacts and are committed to be off coal in 2023.
Our straightforward business model focuses on generating stable and growing cash flows from a contracted and merchant portfolio, which is supported by an investment-grade credit rating. We have a history of dividend growth with guidance for 2021 and 2022 at 7% and 5%, respectively.
Capital Power creates and enhances shareholder value by generating power from well-maintained and efficiently operated plants, responsibly managing our business to maximize opportunities and minimize risk from an environmental, social and governance (ESG) perspective, and through investing in disciplined growth opportunities.
Capital Power announces long-term renewable power purchase agreement with Dow
Agreement for Whitla Wind capacity demonstrates how cross-industry collaboration contributes to a sustainable future
Capital Power announced today a 15-year renewable power purchase agreement with Dow Chemical Canada ULC, a subsidiary of Dow (NYSE: DOW), for 25 megawatts (MW) of capacity and the associated enviro...
Capital Power announces a 6.8% dividend increase for its common shares and declares dividends for its Preference shares
The Board of Directors for Capital Power declared a dividend of $0.5475 per share on the outstanding common shares for the quarter ending September 30, 2021. The dividend is payable on October 29, ...
Capital Power reports strong second quarter results, increases its 2021 financial guidance, and announces a 6.8% common share dividend increase
Capital Power today released financial results for the quarter ended June 30, 2021.