Goreway Power Station

Capital Power executes contracts for solar, natural gas and batteries and provides an update on the Genesee Repowering Project

Retrieved on: 
Thursday, June 29, 2023
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“Maple Leaf Solar is our fourth solar development project, leveraging our established expertise in building power projects.

Key Points: 
  • “Maple Leaf Solar is our fourth solar development project, leveraging our established expertise in building power projects.
  • We see attractive growth opportunities in North Carolina where we have six additional well-positioned solar development sites totalling approximately 270 MW.
  • In Ontario, the five contracts reaffirm Capital Power’s approach to meeting growing electricity demand.
  • “Furthermore, the deployment of BESS solutions on existing natural gas sites demonstrates the strategic value of these sites for new technologies beyond simply natural gas generation.”

Capital Power reports first quarter results and appoints Avik Dey as President and Chief Executive Officer

Retrieved on: 
Monday, May 1, 2023
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Avik Dey appointed of as President and Chief Executive Officer, Brian Vaasjo to Retire

Key Points: 
  • Avik Dey appointed of as President and Chief Executive Officer, Brian Vaasjo to Retire
    On April 19, 2023, the Company’s Board of Directors announced that it unanimously selected Avik Dey to be its next President and Chief Executive Officer and become a member of the Board of Directors, effective May 8, 2023.
  • Kate has been an integral part of the Executive Team with outstanding service and valuable contributions since the inception of Capital Power.
  • Capital Power will be hosting a conference call and live webcast with analysts on May 1, 2023 at 9:00 am (MT) to discuss the first quarter financial results.
  • Capital Power uses adjusted EBITDA to measure the operating performance of facilities and categories of facilities from period to period.

Capital Power to host annual Investor Day event including a tour of its Goreway Power Station facility

Retrieved on: 
Wednesday, November 2, 2022
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EDMONTON, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will host its 14th annual Investor Day event in Brampton, Ontario on December 1, 2022.

Key Points: 
  • EDMONTON, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will host its 14th annual Investor Day event in Brampton, Ontario on December 1, 2022.
  • The Investor Day event is intended for institutional investors, research analysts, and the professional investment community.
  • Location: Queens Manor Event Centre (2 Auction Lane, Brampton)
    Tour of Goreway Power Station : will take place after lunch for those interested.
  • Capital Power owns approximately 7,400 MW of power generation capacity at 28 facilities across North America.

Capital Power highlights strong cash flows and dividend growth guidance to 2025 at Investor Day

Retrieved on: 
Thursday, December 2, 2021
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Capital Power continues its leadership position in the Alberta power market with the announcements we are making today at our Investor Day, said Brian Vaasjo, President and CEO of Capital Power.

Key Points: 
  • Capital Power continues its leadership position in the Alberta power market with the announcements we are making today at our Investor Day, said Brian Vaasjo, President and CEO of Capital Power.
  • Incremental cash flows from our renewable projects and the Genesee 1 and 2 repowering, along with a robust Alberta power market outlook supports the extension of our 5% annual dividend growth guidance to 2025, said Mr. Vaasjo.
  • The acquisition provides Capital Power with an attractive solar and storage platform for continued growth in the rapidly growing United States solar market.
  • Capital Power is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta.