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The information posted in Capital Power’s news releases is accurate at the time of posting, but may be superseded by subsequent publicly disclosed information.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 provides notice of Preferred Shares (Series 3) conversion privilege and dividend rate notice

December 01, 2023

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

Capital Power announces C$850 million medium term notes offering

November 29, 2023

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

Capital Power announces closing of $400 million subscription receipts offerings

November 28, 2023

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

Capital Power Announces Strategic Acquisition of Two Contracted Combined-Cycle U.S. Gas Generation Facilities and a $400 Million Subscription Receipts Offering

US$1.1 billion (~$1.5 billion) acquisition will be immediately accretive to adjusted funds from operations per share
November 20, 2023

Acquisition Highlights High Quality Assets: La Paloma and Harquahala are critical infrastructure assets, which support the reliability of California and…

Capital Power Announces Third Quarter 2023 Results

Frederickson 1 acquisition delivers on mid-life natural gas strategy
November 01, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”), a growth-oriented North American power producer with…

Capital Power declares dividends for its Common and Preference shares

October 31, 2023

EDMONTON, Alberta – The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.615…

Capital Power announces agreement to acquire 50.15% interest in Frederickson 1 Generating Station

Fully contracted, flexible generation asset well-positioned to support long-term security and reliability for Pacific Northwest
October 10, 2023

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

Capital Power to release third quarter 2023 results and host analyst conference call on November 1

October 05, 2023

Analyst Conference Call and Webcast Conference call details will be sent directly to analysts. An archive of the webcast will…

Capital Power announces a C$350 million medium term note offering

September 12, 2023

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

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

August 02, 2023

EDMONTON, Alberta – The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.615…

Capital Power reports second quarter results and announces a 6% common share dividend increase

Company exceeds its $600 million annual growth target with projects in Ontario and North Carolina
August 02, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended June 30, 2023. Financial…

Capital Power announces Board appointment and retirement

August 01, 2023

EDMONTON, Alberta – August 1, 2023 – Jill Gardiner, Chair of the Board for Capital Power Corporation (“Capital Power” or…

Capital Power to release second quarter 2023 financial results and host analyst conference call on August 2

July 06, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will release its second quarter 2023 results before the markets open on…

Capital Power Secures 1 GW Supply of Responsibly Produced, Ultra-Low Carbon First Solar Modules

Series 6 Plus thin film modules to power US and Canada projects, with deliveries from 2026 to 2028
July 05, 2023

Edmonton, Alberta – First Solar, Inc. (NASDAQ: FSLR) and Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced…

Capital Power executes contracts for solar, natural gas and batteries and provides an update on the Genesee Repowering Project

June 29, 2023

EDMONTON, Alberta – Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today: Execution of three long-term contracts…

Capital Power announces conversion results for its Preferred Shares (Series 5)

June 16, 2023

EDMONTON, Alberta – Capital Power Corporation (the Corporation and together with its subsidiaries, Capital Power) (TSX: CPX) announced today that…

Capital Power provides notice of Preferred Shares (Series 5) conversion privilege and dividend rate notice

May 31, 2023

EDMONTON, Alberta – Capital Power Corporation (the Corporation and together with its subsidiaries, Capital Power) (TSX: CPX) announced today that…

Capital Power announces two successful bids in Ontario IESO’s Expedited Long-Term RFP

May 16, 2023

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

Capital Power reports voting results from the 2023 annual meeting of shareholders

May 02, 2023

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

Capital Power reports first quarter results and appoints Avik Dey as President and Chief Executive Officer

Financial results trending to the upper end of annual guidance ranges
May 01, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2023. Financial…

Capital Power declares dividends for its Common and Preference shares

April 28, 2023

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

Capital Power Announces Appointment of Avik Dey as President and Chief Executive Officer, Brian Vaasjo to Retire

April 19, 2023

EDMONTON, Alberta – Capital Power Corporation’s (TSX: CPX) Board of Directors is pleased to announce that it has unanimously selected…

Capital Power announces dates for its annual meeting of shareholders and release of its first quarter 2023 results

April 04, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will hold its annual meeting of shareholders on April 28, 2023 and…

Capital Power named one of the World’s Most Ethical Companies® by Ethisphere for fifth straight year

March 13, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power”) has been recognized by Ethisphere as one of the 2023…

Capital Power reports fourth quarter and year-end 2022 results

Excellent year highlighted by record cash flow generation and strategic advances in decarbonization
March 01, 2023

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

Capital Power announces approval of normal course issuer bid for purchase of up to 5.8 million of its common shares

March 01, 2023

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 28, 2023

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

Capital Power announces a 23-year clean electricity supply agreement with Public Services and Procurement Canada

February 03, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power”) has entered into a 23-year clean electricity supply agreement (the…

Capital Power to release fourth quarter 2022 results and 2022 Integrated Annual Report on March 1

February 01, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will release its fourth quarter and year-end 2022 results, 2022 Integrated Annual…

Capital Power announces Indigenous Art Fund in partnership with the Art Gallery of Alberta

January 23, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power”) has renewed its partnership with the Art Gallery of Alberta (“AGA”)…

Capital Power announces a 15-year renewable energy agreement with Shaw Communications

January 17, 2023

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (“Capital Power”) has entered into a 15-year agreement with Shaw Communications Inc.,…