Acquired in June 2017, Decatur Energy Center is a 795 MW natural gas-fired combined-cycle power generation plant, located in Decatur, Alabama. The facility operates under a tolling agreement and is fully contracted until the end of 2022. Decatur Energy Center is located on property owned by Ascend Performance Materials LLC, and has an agreement to provide demineralized water to Ascend.
- Combined cycle facility configured as 3 x 1, comprised of 3 Siemens SGT6-5000FD2 combustion turbine generators, 3 Nooter Eriksen heat recovery steam generators, and a single Toshiba steam turbine generator
- Emissions controlled through selective catalytic reduction and a dry-low NOx combustion system
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 Decatur Energy Center:
- We employ 25 full-time and 4 part-time employees, as well as numerous contractors.
- We pay approximately $590,000 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.
Recent community giving includes:
- Lexi House Inc
- 4-H Horse Club
- North Alabama Christian Children’s Home
- E. Burleson Elementary School
- Community Foundation
- Committee on Church Cooperation
- COC FOOD PANTRY & Soup Kitchen
- Habitat For Humanity of Morgan County
- Lexington School
- Austin High School
- Moulton Elementary School
Utilizing advanced and reliable technology, the Decatur Energy Center delivers significant generation capacity to the Southeastern Electric Reliability Council (SERC) market.
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...