Capital Power extends its Arlington Valley tolling agreement to 2038 and increases its summer capacity by 35 MWs, enhancing reliability and long-term value Extends Arlington Valley (Arlington) tolling agreement with the current counterparty by 7 years through 2038, increasing the remaining contract life to 13 yearsAdds 35 MW of incremental capacity to meet Arizona’s growing peak power demandDelivers a total estimated annual Adjusted EBITDA uplift of ~US$70 million by 2032 EDMONTON, Alberta, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) today announced the extension of its su...
Capital Power Announces Conversion Results for Its Preferred Shares (Series 1) EDMONTON, Alberta, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power”) (TSX: CPX) announced today that following the December 16, 2025 deadline for submitting notices to convert Cumulative Rate Reset Preference Shares, Series 1 (the “Series 1 Shares”) into Cumulative Floating Rate Preference Shares, Series 2 (the “Series 2 Shares”), the number of Series 1 Shares tendered for conversion was less than one million. As a result, holders of Series 1 Shares are not entitled to convert their...
Capital Power 2025 Investor Day: Accelerating Growth to 2030 Announces MOU with Apollo-managed funds for US$3 billion investment partnership to pursue merchant U.S. natural gas generation acquisitions Enters into a binding MOU with investment-grade data centre developer in Alberta EDMONTON, Alberta, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) is hosting its 2025 Investor Day today in Toronto. The event will highlight the Company’s strategic priorities, 2030 growth targets, and 2026 guidance, underscoring Capital Power’s posit...
Capital Power provides notice of Preferred Shares (Series 1) conversion privilege and dividend rate notice EDMONTON, Alberta, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power”) (TSX: CPX) announced today that it has notified registered shareholders of its Cumulative Rate Reset Preference Shares, Series 1 (the “Series 1 Shares”) (TSX: CPX.PR.A) of the conversion privilege and dividend rate applicable to the Series 1 Shares. Subject to certain conditions, beginning on December 1, 2025 and ending at 5:00 p.m. (Toronto time) on December 16, 2025 (the “Election Peri...
Capital Power and the CFL celebrate season wrap-up and $30,000 donation for Indigenous Youth Roots Partnership surrounding Truth and Reconciliation highlighted by fan support through New Era sideline collection sales EDMONTON, Alberta, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) and the Canadian Football League (“CFL”) are proud to celebrate a successful 2025 season partnership to honour, empower and strengthen connections with Indigenous communities across Canada through the power of sport. Brought together by the CFL and Capital Power, the...
Capital Power announces a C$600 million medium term note offering and its intention to redeem C$300 million of medium term notes EDMONTON, Alberta, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it has priced a public offering in Canada of unsecured medium term notes (the “Notes”) in the aggregate principal amount of C$600 million (the “Offering”). The Notes have an interest rate of 4.231% and mature on January 14, 2033. Offering of Medium Term Notes The Offering is expected to close on or about November 14, ...
Capital Power reports strong third quarter 2025 results, advancing flexible generation¹ growth and contracting success CFO Sandra Haskins announces retirement after 23 years of leadership and financial excellence EDMONTON, Alberta, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended September 30, 2025. Strategic highlights Executed a new long-term contract for Midland Cogeneration Venture (MCV)2 through to 2040, with improved economic terms, adding 10 years of incremental contracted revenueCommissioned 170 MW of...
Capital Power declares dividends for its Common and Preference shares EDMONTON, Alberta, Oct. 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.6910 per share on the outstanding common shares for the quarter ending December 31, 2025. The dividend is payable on January 30, 2026 to shareholders of record at the close of business on December 31, 2025. The Board of Directors also declared the following dividends on its Cumulative Rate Reset Preference Shares: SharesTSX Stock SymbolDividend Per ShareRecord ...
Capital Power to release third quarter 2025 results on October 29 EDMONTON, Alberta, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will release its 2025 third quarter results before the markets open on October 29, 2025. A conference call and webcast to discuss the results will be held the same day at 9:00 a.m. MT (11:00 a.m. ET). Analyst Conference Call and Webcast Webcast: Conference Call: Details will be sent directly to analysts.An archive of the webcast will be available at following the conference call. Territorial Acknowledgement In the spirit of recon...
Strengthening Ontario’s grid: Capital Power commissions two Battery Energy Storage Projects EDMONTON, Alberta, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) is pleased to announce that its 120-MW York Battery Energy Storage System (“BESS”) and 50-MW Goreway BESS projects (“the projects”) have successfully achieved commercial operations. A leader of Ontario’s BESS development, Capital Power delivered both projects on time, under budget and with an excellent safety record. Combined, both projects will add roughly $35 million in contracted annual E...
Capital Power partners with the Canadian Football League to honour the National Day for Truth and Reconciliation Sponsorship empowers Indigenous youth through sport and raises funds for Indigenous Youth Roots EDMONTON, Alberta, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) is excited to announce a new partnership with the Canadian Football League (“CFL”) to honour the National Day for Truth and Reconciliation. As part of this collaboration, Capital Power is sponsoring two reconciliACTION initiatives to honour, empower and strengthen connection...
Capital Power executes new contract for Midland Cogeneration Venture with Consumers Energy EDMONTON, Alberta, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) is pleased to announce the successful execution of a new long-term contract with improved economic terms for Midland Cogeneration Venture (“MCV”) with Consumers Energy, extending to 2040 and providing 10 years of incremental contracted revenue. MCV1 is the largest natural gas-fired combined electric and steam generation facility in the United States, and a cornerstone of reliable power generation in Michigan. MCV will re...
Capital Power announces second quarter 2025 results The Company expands and enhances its US flexible generation portfolio with its largest acquisition to date EDMONTON, Alberta, July 30, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended June 30, 2025. Highlights Completed previously announced acquisition of the Hummel and Rolling Hills facilities in the PJM1 market for ~$3.0 billion2 (US $2.2 billion), adding ~2.2 GW of capacity to its U.S. flexible generation3 portfolio, the largest acquisition in the Company’s histor...
Capital Power announces a 6% dividend increase for its common shares and declares dividends for its Preference shares EDMONTON, Alberta, July 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.6910 per share on the outstanding common shares for the quarter ending September 30, 2025. The dividend is payable on October 31, 2025 to shareholders of record at the close of business on September 29, 2025. The quarterly dividend of $0.6910 per common share compared to the previous $0.6519 dividend represents a 6...
Capital Power welcomes Ferio Pugliese as Senior Vice President, Chief Corporate Officer and Roger Huang as Vice President, Corporate Development and U.S. Renewables EDMONTON, Alberta, July 14, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) is pleased to announce Ferio Pugliese has joined the company as Senior Vice President, Chief Corporate Officer, effective today. Mr. Pugliese succeeds Jacquie Pylypiuk. In his new role, Mr. Pugliese will oversee People & Culture, Information Services, Data Science & Insights, Energy Markets & Low Carbon Solutions, and Communications & ...
Capital Power to release second quarter 2025 results on July 30 EDMONTON, Alberta, June 30, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will release its 2025 second quarter results before the markets open on July 30, 2025. A conference call and webcast to discuss the results will be held the same day at 9:00 a.m. MT (11:00 a.m. ET). Analyst Conference Call and Webcast Webcast: Conference Call: Details will be sent directly to analysts.An archive of the webcast will be available at following the conference call. Territorial AcknowledgementIn the spirit of reconciliat...
Capital Power completes acquisition of the Hummel and Rolling Hills facilities in PJM for US$2.2 billion (CAD ~$3.0¹ billion) EDMONTON, Alberta, June 09, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) is pleased to announce the closing today of the previously announced acquisition of 100% of the equity interests in: Hummel Station, LLC (“Hummel”), owner of the 1,124MW Hummel combined cycle natural gas facility in Shamokin Dam, Pennsylvania (the “Hummel Acquisition”); andRolling Hills Generating, LLC (“Rolling Hills”), owner of the 1,023MW...
Capital Power Announces Closing of US$1.2 Billion of Senior Notes EDMONTON, Alberta, May 28, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today the closing of a private offering of US$700 million aggregate principal amount of 5.257% senior notes due 2028 (the “2028 Notes”) and US$500 million aggregate principal amount of 6.189% senior notes due 2035 (the “2035 Notes” and, collectively, the “Notes”) issued by Capital Power (US Holdings) Inc., a U.S. wholly-owned subsidiary of the Company. The Notes are guaranteed by the Company ...
Capital Power Announces Pricing of US$1.2 Billion of Senior Notes EDMONTON, Alberta, May 13, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today the pricing of a private offering of US$700 million aggregate principal amount of 5.257% senior notes due 2028 (the “2028 Notes”) and US$500 million aggregate principal amount of 6.189% senior notes due 2035 (the “2035 Notes” and, collectively, the “Notes”) to be issued by Capital Power (US Holdings) Inc., a U.S. wholly-owned subsidiary of the Company. The Notes will be guaranteed on th...
Capital Power reports voting results from the 2025 annual meeting of shareholders EDMONTON, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- The annual meeting of shareholders (“annual meeting”) for Capital Power Corporation (TSX: CPX) (“Capital Power” or “the Corporation”) was held on April 29, 2025. Each of the matters voted upon at the annual meeting is discussed in detail in the Corporation’s Management Proxy Circular dated March 10, 2025 and available on the Corporation’s website at: . The manner in which the ballots or proxies received, as applicable, were voted in respect of each matter i...
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