Capital Power celebrates 10 years of delivering responsible energy

July 09, 2019

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) celebrates its 10th anniversary, marking a decade of disciplined growth, sustainability and providing value to its shareholders.

Over the last 10 years, Capital Power has executed on its strategy and delivered disciplined growth and strong financial performance. Since its initial public offering (IPO) on the Toronto Stock Exchange in July 2009, Capital Power has seen a growth in its total assets to almost $9 billion and evolved its generation portfolio to over 6,300 megawatts (MWs) from 28 facilities operating and under construction across North America.

“Celebrating Capital Power’s 10th anniversary is a proud moment for us as a company and a milestone marker for our track record of resilience and disciplined growth,” said Brian Vaasjo, President and Chief Executive Officer. “As we’ve grown as a company over the years, our measured, ethical and thoughtful approach to doing what’s right for all our stakeholders has remained steadfast. I’m most proud of the culture we’ve built. Everyone truly believes in our ability to provide reliable, responsible energy for future generations and we come to work every day with that in mind.”

To mark our 10th anniversary and reflect our ongoing commitment and focus on the future, Capital Power is proud to also announce a new tagline, “Responsible Energy for Tomorrow” as well as the launch of a redesigned website. Responsible Energy for Tomorrow represents the company’s innovative drive to develop solutions today to power tomorrow, including: continuing to reduce emissions through increasing generation efficiency, advancing carbon capture, utilization and storage (CCUS), transforming captured carbon into leading-edge products, and participating in North American carbon markets.

Visit www.capitalpower.com to learn more about Capital Power’s commitment to responsible energy.

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 nearly 6,000 megawatts (MW) of power generation capacity at 26 facilities across North America. Approximately 900 MW of owned generation capacity is in advanced development in Alberta and Illinois.