Our Company

We produce power in North America—reliably, competitively, and responsibly.

Established in July 2009, Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. We develop, acquire, build, operate, and optimize power generation from coal/solid fuels, natural gas, and wind.

As of December 31, 2013, we owned more than 2,600 megawatts (MW) of power generation capacity at 14 facilities in Canada and the United States, held rights to 371 MW of production through our interest in the Sundance Power Purchase Arrangement. An additional 400 megawatts of owned generation capacity is under construction in Alberta.

Since November 2012, Capital Power has invested over $1 billion in three wind projects, increasing our wind nameplate capacity by approximately 1000%; another 90 MW of owned wind generation is under construction in Ontario.

OUR VISION is to be recognized as one of North America’s most respected, reliable, and competitive power producers.

OUR BUSINESS is the development, acquisition, construction, operation, and optimization of large-scale, fuel-diverse, cost-effective power generation facilities in North America.

Human Rights

None of our operations are at risk for incidents of child labour or forced labour. The right to free association and collective bargaining is not at significant risk. We have not been subject to human rights reviews or any impact assessments. Zero human rights violations, including the rights of indigenous people, were identified in 2013, and all security personnel receive training in policies and procedures related to human rights. Our contractors must align with our policies, although they do not undergo a specific screening on human rights. We do not have significant investment agreements that include human rights clauses.

Precautionary Principle

When any Canadian statutory decision maker, court, or tribunal applies the precautionary principle in making its determination, we consider this principle in the conduct of our activities in like circumstances. The “Precautionary Principle” says that when an activity raises threats to human health or the environment, precautionary measures should be taken even if some cause and effect relationships are not fully established scientifically.