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Capital Power Corporation (T:CPX)

Business Focus: Independent Power Producers (NEC)

Sector:  Utilities Industry:  Independent Power Producers
 
Company Contact
Address: 1200-10423 101 St NW
EDMONTON AB T5H 0E9
Tel: 1-403-7363315
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
Jacquelyn Marie Pylypiuk
Senior Vice President - Technology, Chief People and Culture Officer
Jason Comandante
Senior Vice President - Head of Canada
Bryan Deneve
Senior Vice President, Chief Commercial Officer
Pauline Mclean
Senior Vice President - External Relations, Chief Legal Officer
Steve Owens
Senior Vice President - Construction and Engineering
Steve Wollin
Senior Vice President - Operations
May Wong
Senior Vice President - Strategy, Planning and Sustainability
Business Overview
Capital Power Corporation is a growth-oriented power producer company. The Company develops, acquires, owns, and operates renewable and thermal power generation facilities and manages its related electricity and natural gas portfolios. It is involved in the operation of electrical generation facilities within Canada and in the United States. The Company has approximately 9,300 megawatts (MW) of power generation capacity at 32 facilities across North America. Its projects under construction include over 140 MW of renewable generation capacity and 512 MW of incremental natural gas combined cycle capacity from the repowering of Genesee 1 and 2 in Alberta, and over 350 MW of natural gas and battery energy storage systems in Ontario and approximately 70 MW of solar capacity in North Carolina in advanced development. Its La Paloma facility is located in Kern County, California. The Company also has a Harquahala natural gas generation facility in Arizona.
Financial Overview
For the fiscal year ended 31 December 2023, Capital Power Corp revenues increased 46% to C$4.28B. Net income applicable to common stockholders increased from C$99M to C$710M. Revenues reflect Canada segment increase of 52% to C$3.76B, United States segment increase of 11% to C$549M. Net income benefited from Income from joint ventures increase from C$32M to C$65M (income).
Employees: 840 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $8,665M as of Dec 31, 2023
Annual revenue (TTM): $4,282M as of Dec 31, 2023
EBITDA (TTM): $1,625M as of Dec 31, 2023
Net annual income (TTM): $710.00M as of Dec 31, 2023
Free cash flow (TTM): -$191.00M as of Dec 31, 2023
Net Debt Last Fiscal Year: $3,433M as of Dec 31, 2023
Shares outstanding: 129,139,658 as of Apr 5, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization