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 provides update on United States power operations relating to recent extreme weather event
Capital Power provided the following update for its operations following the recent extreme weather event through the central United States.
Capital Power announces approval of normal course issuer bid for purchase of up to 10.6 million of its common shares
The Toronto Stock Exchange (TSX) has approved Capital Power (TSX: CPX) normal course issuer bid ("NCIB") to purchase and cancel up to 10,661,112 of its outstanding common shares during the one-year...
Capital Power named one of the 2021 World’s Most Ethical Companies® by Ethisphere
Capital Power has been recognized by the Ethisphere Institute as one of the 2021 World’s Most Ethical Companies®. Honoured for a third straight year, Capital Power is one of only four Canadian comp...