Capital Power Corp
TSX:CPX

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Capital Power Corp
TSX:CPX
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Price: 54.45 CAD -0.35% Market Closed
Market Cap: 8.4B CAD

Capital Power Corp
Investor Relations

In the ever-volatile world of energy, Capital Power Corp. emerges as a dynamic player skillfully balancing the intricacies of generating power while responding to the shifting landscape of environmental demands and economic realities. Founded and headquartered in Edmonton, Alberta, this Canadian company has steadily expanded its footprint across North America. Capital Power Corp. operates a diversified portfolio that includes cutting-edge facilities such as natural gas, wind, solar, and solid-fuel plants. These facilities form the backbone of its strategic operations, allowing it to generate electricity that powers homes, businesses, and communities. Integral to its operations is the careful mix of traditional and renewable energy sources, which not only provides stability but also positions the company as a forward-thinking leader in the transition to cleaner energy.

Financially, Capital Power creates value by selling the electricity it generates to wholesale markets and through long-term power purchase agreements (PPAs) with utilities and large-scale consumers, insuring stability and predictability in revenues. Additionally, the company benefits from government incentives targeting renewable energy development, which bolsters its investments in sustainable projects. By continuously optimizing plant operations and fuel efficiencies, Capital Power not only minimizes costs but also maximizes profitability. Furthermore, strategic acquisitions and the expansion of its renewable energy portfolio underscore its commitment to remaining agile and relevant in an industry where innovation and adaptation are crucial. Through its well-rounded approach, Capital Power effectively underscores its ambition to deliver reliable energy solutions today while paving the way for a more sustainable tomorrow.

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CPX
S&P TSX Composite Index (Canada)

Earnings Calls

2024 Q3
Oct 21, 2024
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Atlantic Union Bankshares Reports Strong Q3 Results and Announces Sandy Spring Merger
2024 Q3
Oct 21, 2024

In the third quarter, Atlantic Union Bankshares delivered solid financial results with adjusted operating earnings up 32% quarter-over-quarter, totaling $74.5 million, or $0.83 per share. The bank also showed promising asset quality, with net charge-offs down to just 0.01%. The recent merger with Sandy Spring Bancorp will significantly enhance their market presence, creating a $39 billion asset institution and the largest regional bank in the Mid-Atlantic. Projected cost synergies include a 27% reduction of Sandy Spring's operating expenses. For 2024, the bank expects loan balances to reach $18.5 to $19 billion, while net interest income is forecasted between $720 million and $725 million.

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Management

Mr. Avik Dey
President, CEO & Director
No Bio Available
Ms. Sandra Haskins
Senior VP of Finance & CFO
No Bio Available
Ms. Jacquelyn Marie Pylypiuk
SVP of Technology and Chief People & Culture Officer
No Bio Available
Mr. Bryan DeNeve
Senior VP & Chief Commercial Officer
No Bio Available
Mr. Jason Comandante
Senior VP & Head of Canada
No Bio Available
Mr. Steve Wollin
Senior Vice President of Operations
No Bio Available
Roy Arthur
Vice President of Investor Relations
No Bio Available
Ms. Pauline McLean
SVP of External Relations & Chief Legal Officer
No Bio Available
Katherine Perron
Media Relations & Communications Manager
No Bio Available
Ms. May Wong
Senior VP of Strategy, Planning and Sustainability
No Bio Available

Contacts

Address
ALBERTA
Edmonton
1200-10423 101 St NW
Contacts
+17803925100.0
www.capitalpower.com