Capital Power announces change in executive leadership
EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (Capital Power or the Company) today announced that Stuart Lee, Senior Vice President, Corporate Development and Commercial Services, will be leaving Capital Power effective August 31, 2015 to become the President and Chief Executive Officer of EPCOR Utilities Inc.
“Congratulations to Stuart on his new role. Stuart has been a significant contributor during his six years with Capital Power,” said Brian Vaasjo, President and Chief Executive Officer. “On behalf of the executive team, I sincerely thank Stuart for his valuable contributions and outstanding service at Capital Power. Moving forward, we will focus on the search for a new Senior Vice President, Corporate Development and Commercial Services and will be announcing his replacement in due course.”
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 3,200 megawatts of power generation capacity at 17 facilities across North America and owns 371 megawatts of capacity through a power purchase agreement. An additional 545 megawatts of owned generation capacity is under construction or in advanced development in Alberta and North Carolina.