Media Releases

Media Releases

The information posted in Capital Power’s news releases is accurate at the time of posting, but may be superseded by subsequent publicly disclosed information.

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Capital Power announces 2023 financial targets, showcases its carbon reduction initiatives and highlights positive outlook at Investor Day

Advances Genesee CCS project with limited notice to proceed milestone and accelerates net zero target to 2045
December 01, 2022

EDMONTON, Alberta –  At its 14th annual Investor Day event, themed “Powered by Purpose”, being held in Brampton Ontario today,…

Capital Power advances plans for Genesee CCS Project

Limited notice to proceed marks new milestone with final investment decision pending in 2023
December 01, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power” or “the Company”) continues to advance its Genesee Carbon Capture…

Capital Power selected as one of Canada’s Most Admired Corporate Cultures™ for 2022

November 24, 2022

EDMONTON, Alberta –  Capital Power Corporation (TSX: CPX) (“Capital Power”) has been recognized as one of Canada’s Most Admired Corporate…

Capital Power to host annual Investor Day event including a tour of its Goreway Power Station facility

November 02, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will host its 14th annual Investor Day event in Brampton, Ontario on December…

Capital Power contributes $2 million to Boyle Street Community Services

Funding dedicated to community kitchen and on-site housing infrastructure for the new Okimaw Peyesew Kamik facility
November 01, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power”) is proud to announce a $2 million contribution to the Build…

Capital Power reports strong third quarter results and increases its 2022 financial guidance for a second consecutive quarter

October 31, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended September 30, 2022. Financial…

Capital Power declares dividends for its Common and Preference shares

October 28, 2022

EDMONTON, Alberta – The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.58…

Capital Power to release third quarter 2022 financial results and host analyst conference call on October 31

October 03, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will release its third quarter 2022 results before the markets open on…

Capital Power and Manulife Investment Management complete acquisition of Midland Cogeneration facility

September 23, 2022

www.ca EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power”) and Manulife Investment Management, on behalf of the Manulife…

Capital Power provides redemption notice of Preferred Shares, Series 9

August 19, 2022

EDMONTON, Alberta – Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it intends to redeem all of…

Capital Power announces its inaugural Green Subordinated Notes offering

August 18, 2022

EDMONTON, Alberta – Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it has priced a public offering…

Capital Power considers first ever Green hybrid subordinated debt securities offering in Canada

August 18, 2022

EDMONTON, Alberta – Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it is considering an offering of…

Capital Power releases inaugural Green Financing Framework

Sustainability-focused financing to fund development of clean energy technology to power a sustainable future for people and planet
August 15, 2022

EDMONTON, Alberta – Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) has released its inaugural Green Financing Framework…

Capital Power reports strong second quarter results, increases its 2022 financial guidance, and announces a 6% common share dividend increase

August 02, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended June 30, 2022. Financial…

Capital Power announces a 6% dividend increase for its common shares and declares dividends for its Preference shares

August 02, 2022

EDMONTON, Alberta – The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.58…

Capital Power and Manulife Investment Management announce the acquisition of the Midland Cogeneration facility in the United States

US$894 million acquisition of Midland Cogeneration Venture accretive to adjusted funds from operations by 7%
July 12, 2022

EDMONTON, Alberta – Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today that it has partnered with…

Capital Power to release second quarter 2022 financial results and host analyst conference call on August 2

July 05, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will release its second quarter 2022 results before the markets open on…

Capital Power advances carbon capture project at Genesee

Partnering with Mitsubishi Heavy Industries Group and Kiewit Energy Group to capture 3 million tonnes of CO2 per year
June 27, 2022

  EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power”) has partnered with Mitsubishi Heavy Industries Group (“MHI Group”)…

Capital Power announces Board appointment

May 24, 2022

EDMONTON, Alberta – Jill Gardiner, Chair of the Board for Capital Power Corporation (“Capital Power”) (TSX: CPX) is pleased to…

Capital Power announces a 4.5-year contract renewal for Island Generation

May 16, 2022

EDMONTON, Alberta –  Capital Power Corporation (“Capital Power”) (TSX: CPX) announced today the execution of a 4.5-year Electricity Purchase Agreement…

Capital Power reports voting results from the 2022 annual meeting of shareholders

May 03, 2022

EDMONTON, Alberta – The annual meeting of shareholders (annual meeting) for Capital Power Corporation (TSX: CPX) (Capital Power or the…

Capital Power reports strong first quarter results

2022 financial results expected to meet or exceed upper ends of guidance ranges
May 02, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2022. Financial…

Capital Power declares dividends for its Common and Preference shares

April 29, 2022

EDMONTON, Alberta – The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.5475…

Capital Power announces dates for release of its first quarter 2022 results and annual meeting of shareholders

April 05, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will release its first quarter 2022 results before the markets open on…

Strathmore Solar begins commercial operations

Local sheep from Whispering Cedars Ranch to graze at Capital Power’s first Canadian solar facility
March 23, 2022

EDMONTON, Alberta – Capital Power Corporation’s (TSX: CPX) (“Capital Power”) first Canadian solar facility is now operational. The 41-megawatt (MW)…

MEGlobal and Capital Power Announce a 10-year Renewable Energy Agreement

MEGlobal Canada moving to 100% Renewable Energy for its Alberta sites
March 18, 2022

EDMONTON, Alberta – MEGlobal Canada ULC (MEGlobal) has entered into a 10-year agreement with Capital Power Corporation (TSX: CPX) to…

Capital Power named one of the 2022 World’s Most Ethical Companies® by Ethisphere

Ethics, compliance and governance practices honoured for the fourth straight year
March 15, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) has been recognized by the Ethisphere Institute as one of the 2022…

Capital Power reports fourth quarter and year-end 2021 results

Excellent year highlighted by record cash flow generation and strategic advances
February 24, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended December 31, 2021. Financial…

Capital Power announces approval of normal course issuer bid for purchase of up to 8 million of its common shares

February 24, 2022

EDMONTON, Alberta – The Toronto Stock Exchange (TSX) has approved Capital Power Corporation’s (“Capital Power” or “the Company”) (TSX: CPX)…

Capital Power declares dividends for its Common and Preference shares

February 23, 2022

EDMONTON, Alberta – The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.5475…

Capital Power to release fourth quarter 2021 results and 2021 Integrated Annual Report on February 24

January 25, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will release its fourth quarter and year-ended 2021 results, 2021 Integrated Annual…

Capital Power announces a 6-year tolling agreement extension for Arlington Valley

Extension to yield materially higher adjusted funds from operations over extended term
January 04, 2022

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power” or “the Company”) announced today the execution of a 6-year…