Capital Power reports third quarter 2026 results
Key Highlights
- ➤Adjusted EBITDA $553 million, up from $477 million year-over-year
- ➤AFFO $306 million, down from $369 million year-over-year
- ➤2026 sustaining capital guidance reduced to $290 million-$330 million
- ➤Meta ESA covers 250 megawatts for an Alberta data centre
- ➤Annual dividend increased 2%, marking 13 consecutive years of increases
Expert Statements
Brian Vaasjo, President and Chief Executive Officer of Capital Power Corporation
“Our third-quarter results reflect the continued execution of our strategy and the value of our diversified portfolio, with strong contributions from our Alberta, PJM and Ontario assets.”
Brian Vaasjo, President and Chief Executive Officer of Capital Power Corporation
“Our portfolio pairs stable contracted cash flows with exposure to markets where growing electricity demand and tightening supply are creating meaningful upside.”
Brian Vaasjo, President and Chief Executive Officer of Capital Power Corporation
“Our Energy Supply Agreement with Meta is the latest example of these efforts to secure longer-term cash flows across our core markets.”
EDMONTON, Alberta, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended September 30, 2026.
Highlights * Long-term Energy Supply Agreement (ESA) for 250 megawatts of capacity and energy with Meta Platforms, Inc. in support of a data centre * Subsequent to the quarter, the 100MW expansion at East Windsor received approval to operate in the Ontario market * Generated net cash flows from operating activities of $381 million and adjusted funds from operations (AFFO)(1) of $306 million * Generated net income of $67 million and adjusted EBITDA(1) of $553 million * Increased annual common share dividend by 2%, representing the 13th consecutive year of increase CEO Message
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