Capital Power Reports Strong Q2 and Historic Decarbonization

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

Capital Power Corporation, an energy producer, has reported a successful second quarter in 2024 with $178 million in AFFO and a transition off coal at its Genesee Generating Station, marking a significant decarbonization milestone for Alberta. The company also highlighted its U.S. business performance, where U.S. facilities contributed approximately 43% of its adjusted EBITDA, and announced the closure of Canada’s first 30-year hybrid bond for $450 million.

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