---

EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will release its first quarter, 2011 results before the market opens on April 29, 2011.  Management will host a conference call with analysts on Monday May 2, 2011 at 9:00 am (Eastern Time) to discuss first quarter financial results. The conference call dial-in numbers are:

(403) 532-8075 (Calgary)
(604) 681-0262 (Vancouver)
(647) 837-0597 (Toronto)
(877) 353-9586 (toll-free from Canada and USA)

Participant access code for the call: 21543#

A replay of the conference call will be available following the call at: (877) 353-9587 (toll-free) and entering pass code 541020. The replay will be available until midnight on June 2, 2011.

Interested parties may also access the live webcast on the Company’s website at www.capitalpower.com with an archive of the webcast available following the conference call.

About Capital Power
Capital Power is a growth-oriented North American independent power producer, building on more than a century of innovation and reliable performance. The Company’s vision is to be recognized as one of North America’s most respected, reliable and competitive power generators. Headquartered in Edmonton, Alberta, Capital Power has interests in 32 facilities in Canada and the U.S. totaling nearly 3,800 megawatts of generation capacity. Capital Power and its subsidiaries develop, acquire and optimize power generation from a wide range of energy sources. The company’s web site can be accessed at www.capitalpower.com.