Capital Power Reports Strong 2023 Growth

Capital Power (TSE:CPX) has released an update.

Capital Power Corporation has reported robust financial and strategic growth in 2023, including a record annual adjusted EBITDA of $1,455 million, a 7.5% increase from the previous year. The company has bolstered its position in the U.S. Western Electricity Coordinating Council market with strategic acquisitions of natural gas facilities, including its largest transaction to date. Capital Power emphasizes its commitment to a balanced energy transition, focusing on reliable, affordable, and decarbonized power as it progresses toward a net zero energy future.

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