Located on the eastern edge of Edmonton, Alberta’s capital city, Clover Bar Energy Centre is a natural gas-fired, simple-cycle power generation facility.
Consisting of three units, one nominal 43 MW GE LM6000 turbine commissioned in 2008 and two nominal 100 MW GE LMS100 turbines commissioned in 2009, its power and spinning reserve capacity are sold on the open Alberta electricity market.
- Three highly efficient natural gas turbines are capable of powering up from standstill to full load in just 10 minutes, giving Capital Power the flexibility to respond to sudden changes in supply and demand
- Higher efficiency of the GE LMS 100 units offer competitive mid-merit capacity and provide Capital Power with additional flexibility to optimize its Alberta power portfolio
We contribute to the communities in which we operate with the focus of building a sustainable future for all. We engage our neighbours, consider their interests and priorities, and build real relationships. We strive to source supplies and services locally for our operations, as well as hire from the community. At the Clover Bar Energy Centre:
- We have five permanent employees and contract the equivalent of an additional 20 full-time workers throughout the year.
- We pay approximately $3,000,000 in property and linear 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
Clover Bar provides reliable power for the people of Alberta; and we do so aligned with the expectations of Albertans for environmental and commercial viability.
Capital Power celebrates 10 years of delivering responsible energy
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...
Capital Power announces its second quarter 2019 financial results release date
EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) will release its second quarter 2019 results before the markets open on July 29, 2019. Management will host a conference call with analysts ...
Celebrating 10 Years of Responsibility
I am very pleased to be celebrating Capital Power’s 10th anniversary, this marks a major milestone in our history and an exciting stepping stone into our future as a company. Over the past decade, ...
Capital Power accelerates plans for natural gas capability at the Genesee facility
Dual-fuel optionality expected to significantly increase cash flow and further reduce emissions EDMONTON, Alberta – Capital Power Corporation (Capital Power or the Company) (TSX: CPX) announced to...
Capital Power completes $325 million Canadian dollar private placement of senior notes
EDMONTON, Alberta – Capital Power Corporation (Capital Power or the Company) (TSX: CPX) announced today that it has closed a $325 million private placement of senior notes. The net proceeds from th...
Capital Power named one of Canada’s ‘Best 50 Corporate Citizens’ for ninth consecutive year
EDMONTON, Alberta – Capital Power is pleased to announce it is again ranked among Corporate Knights' 2019 Best 50 Corporate Citizens in Canada. This marks the ninth consecutive year that Capital Po...
Capital Power completes acquisition of Goreway Power Station
Acquisition materially increases contracted adjusted EBITDA and is immediately accretive to adjusted funds from operations per share EDMONTON, Alberta – Capital Power Corporation (Capital Power ...
Capital Power declares dividend for its Preference Shares (Series 11)
EDMONTON, Alberta – May 16, 2019 - The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.1772 per share on its Cumulative Minimum Rate Reset Pref...
Capital Power announces closing of $150 million offering of 5.75% Cumulative Minimum Rate Reset Preferred Shares
EDMONTON, Alberta – Capital Power Corporation (“Capital Power”) (TSX:CPX) announced today that it has closed its previously announced offering of 6,000,000 Cumulative Minimum Rate Reset Preference ...
Capital Power announces the exercise of over-allotment option by Underwriters in subscription receipt offering
EDMONTON, Alberta – Capital Power Corporation (Capital Power or the Company) (TSX: CPX) announced today that the underwriters (the Underwriters) co-led by RBC Capital Markets and TD Securities have...