Capital Power executes 20-year contracts for three solar development projects in North Carolina totaling 160 megawatts
Capital Power Corporation (Capital Power or the Company) (TSX: CPX) announced today the execution of 20-year power purchase agreements with Duke Energy Carolinas for three solar development projects located in North Carolina totaling 160 megawatts (MW). The solar projects consist of Hornet Solar (75 MW), Hunter's Cove Solar (50 MW), and Bear Branch Solar (35 MW) (collectively, the "solar projects"). Construction of the solar projects is expected to begin in late 2021 or early 2022 with commercial operations expected in the fourth quarter of 2022.
Capital Power to release third quarter 2020 financial results and hold analyst conference call on November 2
Capital Power Corporation (TSX: CPX) will release its third quarter 2020 results before the markets open on November 2, 2020. Management will host a conference call with analysts on the same day at 9:00 a.m. MT (11:00 a.m. ET) to discuss its third quarter operating and financial results.
Capital Power announces a 10-year tolling agreement extension for Decatur Energy Center
Capital Power Corporation ("Capital Power" or the "Company") (TSX: CPX) announced today the execution of a 10-year tolling agreement extension through December 2032 for Decatur Energy Center (Decatur Energy) with the current counterparty. Decatur Energy is a natural gas-fired combined cycle facility located in Decatur, Alabama that began commercial operations in 2002. Decatur Energy sells capacity and energy to a regional entity with an A-rated credit rating under a tolling agreement with an original term of 10 years that was to expire in December 2022.
Capital Power proceeding with phase 3 of the Whitla Wind facility
Capital Power Corporation (TSX: CPX) (Capital Power or the Company) announced today that it is moving forward with the third phase of the Whitla Wind facility ("Whitla Wind 3") that will add 54 megawatts (MW) in late 2021. The Whitla Wind facility is located in the County of Forty Mile in south eastern Alberta.
Capital Power and its employees contribute $400,000 in support of Alberta COVID-19 relief efforts
Capital Power Corporation ("Capital Power" or the "Company") (TSX: CPX) and its employees have donated $400,000 in support of COVID-19 relief efforts in Alberta, raised through the Company's 'GENerosity: Let's Rally Together' matched-giving campaign and additional corporate contributions. This donation is eligible to be matched through the Government of Alberta's Charitable Donations Matching Program, adding up to $800,000 in relief funds going to designated Alberta-based charities. The Company and its employees have also donated approximately $134,000 to charities in its communities in Ontario, British Columbia and across the United States through the GENerosity campaign.
Capital Power reports voting results from the 2020 annual meeting of shareholders
The annual meeting of shareholders (annual meeting) for Capital Power Corporation (TSX: CPX) (Capital Power or the Company) was held on May 1, 2020 in Edmonton, Alberta. Each of the matters voted upon at the annual meeting is discussed in detail in the Company's Management Proxy Circular dated March 4, 2020 and available on the Company's website at: www.capitalpower.com/AGM.
Capital Power reports solid first quarter 2020 results and reiterates its 2020 financial guidance
Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2020.
Capital Power declares dividends for its Common and Preference shares
The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.48 per share on the outstanding common shares for the quarter ending June 30, 2020. The dividend is payable on July 31, 2020 to shareholders of record at the close of business on June 30, 2020.
COVID-19 Preventative Measures for Capital Power's 2020 Annual Meeting
Capital Power Corporation ("Capital Power" or the "Company") (TSX: CPX) announced today that due to provincial COVID-19 public health orders and recommendations regarding mass gatherings and social distancing, shareholders are encouraged to vote in advance of the Company's 2020 Annual Meeting ("the Meeting") and remind them that proxy voting instructions are included in the 2020 Notice and Access Notification to Shareholders (Management Proxy Circular).