Community

Community Investment

Our commitment to improving the quality of life where we live and work pushes us to find new and creative ways of strengthening our communities.

We work with community members and invest in citizen-led projects to preserve and strengthen community character, ecology, and heritage. By supporting meaningful, grassroots initiatives and programs, we help create healthy and sustainable communities.

We support programs and initiatives in three focus areas:

  • Enrichment of Community Character and Vibrancy supports the individualism of a community—its physical qualities, spirit, and identity. We support citizen-led projects that rejuvenate community features and enrich community satisfaction and esteem. Examples of support for community character include park amenities (picnic tables, park benches, gazebos), food banks/pantries, Crimestoppers/rural crime watch and law enforcement outreach programs.

  • Enrichment of Community Ecology focuses on enabling citizen groups to undertake projects that preserve and protect high-risk ecosystems and which restore damaged ecosystems. Tree planting, community gardens and park restorations are all examples of projects that help to preserve a community’s ecology.
  • Community Heritage and Fellowship supports the legacy attributes inherited from past generations and strengthens social networks and fellowship, as groups come together for a collective purpose. Community heritage may present itself as festivals, art, museums, languages, summer reading programs, songs, stories, customs, practices, or other cultural items that are maintained for the benefit of future generations.

Edmonton Partnerships

Our head office is located in Edmonton, Alberta and we are dedicated to the sustainable growth and vibrancy of our home city. We look to support organizations that are making significant impacts to the quality of life in Edmonton.

Current Edmonton partnerships include:

  • Art Gallery of Alberta
  • Citadel Theatre
  • Stollery Children’s Hospital Foundation
  • University Hospital Foundation (Festival of Trees)
  • University of Alberta Faculty of Engineering
  • Edmonton’s Food Bank

Employee Giving

We’re proud of the active community participation of our employees. Some donate their time, talent and skills as coaches, volunteers and board members, some support community fundraising initiatives, others lend their skills and talent to local community organizations, and many make personal financial contributions.

EmPowering Communities

EmPowering Communities recognizes the volunteer spirit of our employees and the valuable gifts of time, skill and knowledge that employees choose to give to their community.

Employees and their families who volunteer a combined minimum of 35 hours in a calendar year can apply for a $500 grant to be donated by Capital Power to a non-profit organization of the employee’s choice. Employees who refer co-workers to participate in the program for the first time are eligible to direct a referral grant of $250 to a non-profit or charitable service organization.

In 2018, grants were provided to 133 unique organizations including:

  • Boy Scouts of America, MA
  • Campbell River and District Adult Care Society, BC
  • Colonial Figure Skating Club, MA
  • Drouillard Place, ON
  • Momentum Walk-In Counselling Society, AB
  • Woodsdale Volunteer Fire Department, NC

GENerosity

GENerosity is an innovative matching donation program offered to employees. Capital Power matches employee charitable donations up to $500 annually, anytime throughout the year. Employees are free to direct matched funds towards any registered charity in Canada or the U.S. that they would like to support.

In 2018, we matched just over $171,000 for a total of $342,000 that was directed to charities chosen by our employees.

Engaging with our Neighbours

Effective community engagement is an important element in the development, construction and operation of our facilities. We work to consider local community interests and priorities, and to incorporate these into project planning for our facilities across Canada and the U.S. We undertake this work by establishing presence in the communities near our operations, working with neighbours and stakeholders to build relationships and strong communities. Our goal is to earn our place as a respected community member.

 We recognize that stakeholders may have diverse views about our operations, including negative perspectives. Our goal in engaging stakeholders is to minimize negative impacts of our facilities and operations. In doing this, we engage with government, employees, local communities, Indigenous communities, investors, and shareholders. Our goal with every project, every facility and every initiative, internal and external, is to build, operate, and align with the interests and priorities of those closest to the facility and who have a direct stake in the safe and environmentally sound operations of our facilities.

Request Community Support

What's New

Media Releases
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...

Media Releases
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 ...

News and Stories
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, ...

Media Releases
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...

Media Releases
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...

Media Releases
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...

Media Releases
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 ...

Media Releases
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...

Media Releases
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 ...

Media Releases
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...