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    CPX   CA14042M1023

CAPITAL POWER CORPORATION

(CPX)
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Capital Power : to release third quarter 2021 financial results and hold analyst conference call on October 27

10/04/2021 | 09:01am EST

EDMONTON, Alberta, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) will release its third quarter 2021 results before the markets open on October 27, 2021. Management will host a conference call with analysts on the same day at 9:00 a.m. MDT (11:00 a.m. EDT) to discuss its third quarter operating and financial results.

Analyst Conference Call and Webcast

  • (800) 319-4610 (toll-free from Canada and USA)
  • Live webcast at www.capitalpower.com with an archive of the webcast available following the conclusion of the analyst conference call.

About Capital Power
Capital Power is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta. We build, own and operate high-quality, utility-scale generation facilities that include renewables and thermal. We have also made significant investments in carbon capture and utilization to reduce carbon impacts and are committed to be off coal in 2023. Capital Power owns over 6,400 megawatts (MW) of power generation capacity at 26 facilities across North America. Projects in advanced development include 425 MW of owned renewable generation capacity in North Carolina and Alberta and 560 MW of incremental natural gas combined cycle capacity, from the repowering of Genesee 1 and 2 in Alberta.

For more information, please contact:

Media Relations:        
Katherine Perron
(780) 392-5335        
kperron@capitalpower.com

Investor Relations:
Randy Mah
(780) 392-5305 or (866) 896-4636 (toll-free)
investor@capitalpower.com

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Source: Capital Power Corporation

2021 GlobeNewswire, Inc., source Press Releases - Canada

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Analyst Recommendations on CAPITAL POWER CORPORATION
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Financials
Sales 2021 1 800 M 1 401 M 1 401 M
Net income 2021 211 M 164 M 164 M
Net Debt 2021 2 969 M 2 310 M 2 310 M
P/E ratio 2021 20,2x
Yield 2021 5,51%
Capitalization 4 443 M 3 471 M 3 457 M
EV / Sales 2021 4,12x
EV / Sales 2022 3,81x
Nbr of Employees 810
Free-Float 89,1%
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 38,39 CAD
Average target price 45,54 CAD
Spread / Average Target 18,6%
EPS Revisions
Managers and Directors
Brian Tellef Vaasjo President, Chief Executive Officer & Director
Sandra A. Haskins Chief Financial Officer & Senior VP-Finance
Jill V. Gardiner Chairman
Jacquie Pylypiuk Senior Vice President-People, Culture & Technology
Darcy John Trufyn Senior VP-Operations, Engineering & Construction