Sector: Utilities | Industry: Independent Power Producers |
Company Contact | |
Address: | 1200-10423 101 St NW EDMONTON AB T5H 0E9 |
Tel: | 1-780-3925335 |
Website: | https://www.capitalpower.com |
IR: | See website |
Key People | ||
Avik Dey President, Chief Executive Officer, Director | Sandra Haskins Chief Financial Officer, Senior Vice President - Finance | Bryan Deneve Senior Vice President - Operations |
Chris Kopecky Senior Vice President, Chief Legal, Development and Commercial Officer | Steve Owens Senior Vice President - Construction and Engineering | Jacquelyn Marie Pylypiuk Senior Vice President - People, Culture and Technology |
Business Overview |
Capital Power Corporation develops, acquires, owns and operates renewable and thermal power generation facilities and manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. The Company is involved in the operation of electrical generation facilities within Canada, including Alberta, British Columbia and Ontario; and in the United States, including North Carolina, New Mexico, Kansas, Alabama, Arizona, North Dakota, Illinois, Texas and Michigan. It also holds a portfolio of wind and solar development sites in the United States and Canada. It builds, owns and operates generation facilities, which include renewables and thermal. It owns approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities across North America. Its projects in advanced development include approximately 310 MW of owned renewable generation capacity in North Carolina and Alberta and 512 MW of incremental natural gas combined cycle capacity. |
Financial Overview |
For the six months ended 30 June 2023, Capital Power Corp revenues increased 77% to C$2.15B. Net income applicable to common stockholders increased 98% to C$358M. Revenues reflect Canada segment increase of 48% to C$1.7B. Net income benefited from Realized Gain/Loss on Derivative-Hedging increase from C$3M (expense) to C$18M (income), Income from joint ventures increase from C$13M to C$33M (income). |
Employees: | 737 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $8,930M as of Jun 30, 2023 |
Annual revenue (TTM): | $3,863M as of Jun 30, 2023 |
EBITDA (TTM): | $1,074M as of Jun 30, 2023 |
Net annual income (TTM): | $276.00M as of Jun 30, 2023 |
Free cash flow (TTM): | -$147.00M as of Jun 30, 2023 |
Net Debt Last Fiscal Year: | $3,556M as of Jun 30, 2023 |
Shares outstanding: | 116,996,142 as of Sep 8, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |