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...
Capital Power announces strong first quarter 2025 results Strong quarterly results driven by enhanced portfolio diversification EDMONTON, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2025. Highlights Entered into a definitive agreement to acquire two natural gas-fired power generation facilities located in the PJM1 market for ~$3.0 billion (US $2.2 billion), adding ~2.2 GW of capacity to our U.S. flexible generation2 portfolioContinued progressing five Ontario growth projec...
Capital Power declares dividends for its Common and Preference shares EDMONTON, Alberta, April 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.6519 per share on the outstanding common shares for the quarter ending June 30, 2025. The dividend is payable on July 31, 2025 to shareholders of record at the close of business on June 30, 2025. The Board of Directors also declared the following dividends on its Cumulative Rate Reset Preference Shares: SharesTSX Stock SymbolDividend Per ShareRecord DatePayme...
Capital Power Announces Closing of $667 Million Offering of Common Shares EDMONTON, Alberta, April 22, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today that it has completed its previously announced bought deal offering of 11,902,500 common shares of Capital Power (“Common Shares”), which included 1,552,500 Common Shares issued pursuant to the full exercise of the over-allotment option, at an offering price of $43.45 per Common Share (the “Offering Price”), for total gross proceeds of approximately $517 million (the “Public O...
Capital Power Announces Upsizing of Previously Announced Bought Offering of Common Shares BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES EDMONTON, Alberta, April 15, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today that it has increased the size of its previously announced bought deal offering. Pursuant to the amended terms, the syndicate of underwriters co-led ...
Capital Power Announces Strategic Acquisition of Two Flexible Generation Assets in PJM and a $500 Million Offering of Common Shares US$2.2 billion (~CAD$3.01 billion) acquisition expected to be immediately accretive to adjusted funds from operations per share BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Acquisition Highlights: Strategic entry into PJM2: establishes a foothold in the largest and most liquid North American powe...
Capital Power to host virtual Annual General Meeting on April 29 Release of Q1 2025 results moved to April 30 EDMONTON, Alberta, March 31, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will host its 2025 Annual General Meeting virtually via live audio webcast at 1:00 pm MT on Tuesday, April 29. The management proxy circular (available at ) provides detailed information about the business of the meeting and the voting process. The Company will only conduct the formal business of the meeting. Shareholders and duly appointed proxyholders will have the opportunity to ask ...
Capital Power to release first quarter 2025 results on May 1 EDMONTON, Alberta, March 28, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will release its 2025 first quarter results before the markets open on May 1, 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 reconciliation...
Capital Power announces fourth quarter and year-end 2024 results Achieved commercial operation of Genesee Repowering project and enhanced positioning for U.S. growth EDMONTON, Alberta, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter and year ended December 31, 2024. Strategic highlights Achieved COD of Genesee Repowering project resulting in a reduction of ~3.4 million tonnes (MT) per annum1 of CO2 emissions (Scope 1) and increasing capacity by 512 megawatts (MW)Enhanced geographic diversification through success...
Capital Power declares dividends for its Common and Preference shares EDMONTON, Alberta, Feb. 25, 2025 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (“Capital Power”) (TSX: CPX) declared a dividend of $0.6519 per share on the outstanding common shares for the quarter ending March 31, 2025. The dividend is payable on April 30, 2025 to shareholders of record at the close of business on March 31, 2025. The Board of Directors also declared the following dividends on its Cumulative Rate Reset Preference Shares: SharesTSX Stock SymbolDividend Per ShareRecord DatePaym...
Capital Power to release fourth quarter 2024 results and 2024 Integrated Annual Report on February 26 EDMONTON, Alberta, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will release its 2024 fourth quarter results and 2024 Integrated Annual Report (IAR) before the markets open on February 26, 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). Capital Power’s IAR will include our year-end financial information, environmental, social and governance reporting, a Sustainability Accounting Standards Boar...
Capital Power hosts 2025 guidance webcast on January 16 EDMONTON, Alberta, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will host a webcast to share its 2025 guidance, including its corporate priorities, targets and assumptions for the year. Management will host the webcast at 2:00 p.m. MT (4:00 p.m. ET) on Thursday, January 16. Webcast Webcast: An archive of the webcast will be made available following its conclusion. Territorial AcknowledgementIn the spirit of reconciliation, Capital Power respectfully acknowledges that we operate within the ance...
Capital Power announces closing of renewable power asset sell-down transaction EDMONTON, Alberta, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) ("Capital Power") is pleased to announce the closing today of its previously announced sale of a 49% interest in the Quality Wind facility in British Columbia and the Port Dover and Nanticoke Wind facility in Ontario to Axium Infrastructure (“Axium”). The renewable power asset sell-down transaction was previously announced on November 26, 2024. Total pre-tax cash proceeds to Capital Power from the transaction are expected...
Capital Power Announces Closing of $460 Million Offering of Common Shares EDMONTON, Alberta, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today that it has completed its previously announced bought deal offering of 7,820,000 common shares of Capital Power (“Common Shares”), which included 1,020,000 Common Shares issued pursuant to the full exercise of the over-allotment option, at an offering price of $58.80 per Common Share, for total gross proceeds of approximately $460 million (the “Offering”). The Offering was...
Genesee Repowering Achieves Commercial Operations Canada’s most efficient natural gas combined cycle facility generating reliable, affordable and cleaner power EDMONTON, Alberta, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) is proud to announce its Genesee Repowering project is now complete as Genesee Unit 2 achieved combined cycle commercial operations today, resulting in Genesee Units 1 and 2 becoming Canada’s most efficient natural gas combined cycle facility. Completion of this industry-leading project increases overall capacity at the Genesee Generating St...
Capital Power Announces Upsizing of Previously Announced Bought Offering of Common Shares BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES EDMONTON, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today that it has increased the size of its previously announced bought deal offering. Pursuant to the amended terms, the syndicate of underwriters co-led by TD...
Capital Power Announces $350 Million Bought Offering of Common Shares BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES EDMONTON, Alberta, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today that it has entered into an agreement with a syndicate of underwriters co-led by TD Securities and Scotiabank (collectively the “Underwriters”), pursuant to which the Underwr...
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