Capital Power Corporation (2CP)

Overview

Capital Power Corp is a distinguished North American power producer known for its dynamic approach towards developing, acquiring, and operating a diverse range of power plants. Strategically positioned in the energy sector, Capital Power leverages its subsidiaries to own and manage an extensive portfolio of energy-generating facilities. This portfolio spans natural gas, coal, wind, solar, and solid fuel energy sources. The company's operations are predominantly based in Western and Central Canada as well as in the United States. Significantly, Capital Power is highly reliant on its natural gas and coal facilities, particularly the Genesee and Shepard sites, which are the cornerstone of its electric capacity and cash flow production. Generating the vast majority of its revenue from the sales of electricity and natural gas, Capital Power serves a wide spectrum of customers. This customer base includes industrial and commercial consumers, independent transmission system operators, and government-owned entities, highlighting its pivotal role in the power production landscape.

Products and Services

• Natural Gas Facilities

  Capital Power owns and operates several natural gas energy generating facilities. These plants are crucial for providing a cleaner alternative to coal and form a significant part of the company’s capacity for electricity generation. They serve as a flexible power generation source capable of meeting fluctuating demands.

• Coal Facilities

  The company's coal facilities, including the notable Genesee and Shepard sites, are major contributors to its electricity production. Despite the global shift towards renewable energy, these coal plants remain integral to Capital Power's operations, offering substantial electric capacity and underpinning the company's cash flow production.

• Wind Energy

  Embracing the shift towards renewable energy sources, Capital Power has invested in wind energy facilities. These sites harness the power of wind to generate electricity, contributing to the company's renewable energy portfolio and its commitment to sustainable energy solutions.

• Solar Energy

  Solar energy facilities form a part of Capital Power's diverse energy portfolio. By capturing the sun's rays and converting them into electricity, these solar plants play a crucial role in the company’s endeavors to increase its share of renewable energy and decrease its carbon footprint.

• Solid Fuel Energy Generating Facilities

  Capital Power also operates facilities that utilize solid fuels for energy generation. These facilities contribute to the company's comprehensive approach to power production, ensuring energy security and diversification of its energy generation sources.