June 03, 2015

Capital Power announces Board appointment


EDMONTON, Alberta – Donald Lowry, Chairman of the Board for Capital Power Corporation (TSX: CPX) (Capital Power or the Company) is pleased to announce the appointment of Kelly Huntington to the Company’s Board of Directors effective today.

Ms. Huntington will stand for election along with Jill Gardiner, who was also recently appointed, at Capital Power’s next annual meeting of shareholders.  As of the date of this news release, Capital Power’s Board of Directors consists of 10 directors, 9 of whom are independent.

Ms. Huntington is the President and Chief Executive Officer for Indianapolis Power & Light Company (IPL), a position she has held since 2013, and is a Board member for the company. Previously, she was the Senior Vice President and Chief Financial Officer at IPL. Ms. Huntington holds a Master of Business Administration from Northwestern University’s Kellogg School of Management, a Bachelor of Science degree from the Massachusetts Institute of Technology, and is a Chartered Financial Analyst charterholder.

“On behalf of the Board, I would like to welcome Kelly”, said Donald Lowry. “She brings a wealth of knowledge and diverse experience and we look forward to her contributions to Capital Power’s Board.”

About Capital Power

Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources. Capital Power owns more than 3,100 megawatts of power generation capacity at 16 facilities across North America and owns 371 megawatts of capacity through a power purchase agreement. An additional 620 megawatts of owned generation capacity is under construction or in advanced development in Alberta and Ontario.