Capital Power

-4.26%

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.

1. Strong focus on sustainability: Capital Power is committed to reducing its carbon emissions and has set ambitious targets to achieve net-zero emissions by 2050.
2. Diverse energy portfolio: The company has a well-diversified energy portfolio, including renewable energy sources like wind, solar, and hydro, as well as natural gas and coal.
3. Growing renewable energy investments: Capital Power has been steadily increasing its investments in renewable energy projects, and in 2020, renewable energy accounted for over 40% of their total generating capacity.
4. Innovative technologies: The company has been investing in and testing innovative technologies like battery storage and carbon capture to improve the efficiency and sustainability of its operations.
5. Strong financial performance: Capital Power has a track record of strong financial performance, with consistent growth in earnings and cash flow.
6. Social responsibility: The company is committed to being a responsible corporate citizen and supports various community initiatives and charities.
7. Awards and recognition: Capital Power has been recognized for its sustainability efforts and has received numerous awards and accolades, including being ranked as one of Canada’s Best 50 Corporate Citizens by Corporate Knights.
8. Commitment to safety: Safety is a top priority for Capital Power, and the company has implemented rigorous safety protocols and programs to ensure the well-being of its employees and the communities it operates in.
9. Strong leadership: The company is led by an experienced and diverse leadership team, with a strong track record of managing and growing the business.
10. Positive impact on the economy: As a major player in the energy industry, Capital Power contributes significantly to the economy through job creation, tax revenues, and investments in local communities.