Located on 184 acres of leased land in Chocowinity, North Carolina, Beaufort Solar began commercial operations in December 2015 as Capital Power’s inaugural solar facility. The facility operates under a 15-year Power Purchase Agreement with Duke Energy Progress LLC.
- Facility consists of 66,690, 315 watt photovoltaic solar panels manufactured by Canadian Solar
- Capable of providing renewable energy to approximately 2,460 North Carolina homes (based on the U.S. cumulative-installed PV statistic)
At Capital Power, we contribute to the communities in which we operate with the aim of building a sustainable future for all. We engage our neighbours, consider their interests and build real relationships. We aim to source supplies and services locally for our operations, as well as hire from the community. At Beaufort Solar:
- We pay approximately $47,000 in property tax each year, contributing annually to community tax bases, supporting the improvement of infrastructure, roadways, and community services.
We give back where we live and work by supporting local organizations and our employees’ community participation through our corporate giving programs.Request Community Support
As Capital Power's first solar facility, Beaufort Solar has helped lead the way in expanding our renewable generation portfolio and contributes to the development of a low-carbon energy future.
President and CEO
Funding Disciplined Growth to Build Shareholder Value
At a high level, our capital allocation strategy allows us to fund growth by taking 50% of our free cash flow over the long-term and provide that back to investors in the form of dividends, while u...
Capital Power announces $275 million medium term note offering
EDMONTON, Alberta – Capital Power Corporation (“Capital Power”) (TSX:CPX) announced today that it has priced a public offering in Canada of unsecured medium term notes in the aggregate principal am...
Capital Power to host annual Investor Day event
EDMONTON, Alberta – Capital Power (TSX: CPX) will be hosting its 11th annual Investor Day event in Toronto. Members of the executive leadership team will present on various topics including the exe...
Capital Power reports solid third quarter 2019 results
Results highlighted by record cash flow generation in the quarter driven by the execution of the Company’s growth strategy
EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended September 30, 2019. Third Quarter Highlights Achieved excellent operating perfo...
Capital Power declares dividends for its Common and Preference shares
The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.48 per share on the outstanding common shares for the quarter ending December 31, 2019. The...
Creating the Power Company of Tomorrow
Read our blog from Mark Zimmerman, Senior Vice President, Corporate Development and Commercial Services.
Capital Power announces date for release of its third quarter 2019 financial results and analyst conference call
Capital Power Corporation (TSX: CPX) will release its third quarter 2019 results before the markets open on October 28, 2019. Management will host a conference call with analysts on the same day a...
Capital Power assumes 100% ownership and control of Genesee Generating Station following divestiture of its interest in Keephills 3
Capital Power announced today it has completed the transaction to acquire TransAlta Corporation’s (“TransAlta”) 50% share of the Genesee 3 generation unit (“G3”) and divest its 50% share of the Ke...
Powered by People: Why HR is an Enabler of Business Success
Read our blog from Jacquie Pylypiuk, Vice President, Human Resources
Media and government stakeholders get firsthand look at construction progress of Whitla Wind
As construction of the Whitla Wind project progresses, Capital Power hosted local media and government officials for a tour of the project site on August 15, 2019.