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Overview
Capital Power is a Canadian power generation company based in Edmonton, Alberta. It was founded in 2009 through a spin-off from its parent company, EPCOR Utilities. The company owns a portfolio of natural gas, coal, wind, solar, and biomass power generation facilities across North America. Capital Power's primary focus is on efficient, sustainable, and environmentally responsible energy production. As of 2021, it owns and operates 6,500 megawatts of power generation capacity, with an additional 780 megawatts currently under construction or in advanced development. The company is committed to reducing its carbon footprint and has set ambitious goals to achieve net-zero emissions by 2050. It has also been recognized for its corporate social responsibility efforts, including its partnerships with local communities and support for renewable energy initiatives. Capital Power is publicly traded on the Toronto Stock Exchange (TSX) under the symbol CPX and on the New York Stock Exchange (NYSE) under the symbol CPX. It is a member of the S&P/TSX Composite Index and the S&P/TSX 60 Index, two of the leading stock market indices in Canada. The company has a diverse shareholder base, with institutional and individual investors from Canada and around the world. With a strong track record of financial performance and a commitment to sustainable growth, Capital Power is a leader in the North American power industry and a key contributor to the transition to clean energy.
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