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 Jane Peverett to the Company’s Board of Directors effective as of March 1, 2019.

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

Ms. Peverett presently serves on the boards of directors of Canadian Imperial Bank of Commerce, CP Rail, and NW Natural Gas. Previously, she was President and Chief Executive Officer of British Columbia Transmission Corporation from 2005 to 2009 and Chief Financial Officer from 2003 to 2005. From 1987 to 2003 she held senior finance, regulatory and executive roles at Westcoast Energy Inc., including President and CEO of Union Gas from 2001 to 2003, CFO of Union Gas, and VP Finance of Westcoast Energy. Ms. Peverett holds a Bachelor of Commerce degree from McMaster University, a Master of Business Administration from Queen’s University, is a Certified Management Accountant, and a Fellow of the Society of Management Accountants.

About Capital Power

Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, owns, and operates power generation facilities using a variety of energy sources. Capital Power owns approximately 5,100 megawatts (MW) of power generation capacity at 25 facilities across North America. Approximately 900 MW of owned generation capacity is in advanced development in Alberta and Illinois.