Capital Power

OverviewSuggest Edit

Capital Power is a power producer which develops, acquires, operates and optimizes power generation from a variety of energy sources. It owns natural gas, wind, and solid fuel facilities and has a number of generation facilities in development or construction. 

TypePublic
Founded2009
HQEdmonton, CA
Websitecapitalpower.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2018)724(+9%)
Revenue (FY, 2018)$1.4 B(+22%)

Key People/Management at Capital Power

Brian Vaasjo

Brian Vaasjo

President, CEO
Bryan Deneve

Bryan Deneve

SVP of Finance, CFO
Kate Chisholm

Kate Chisholm

SVP, Chief Legal Officer
Darcy Trufyn

Darcy Trufyn

SVP Engineering, SVP of Operations
Mark Zimmerman

Mark Zimmerman

SVP Corporate Development
Jacquie Pylypiuk

Jacquie Pylypiuk

VP Human Resources
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Capital Power Office Locations

Capital Power has offices in Edmonton, Calgary, Toronto and Boston
Edmonton, CA (HQ)
1200 - 10423 101 St. N.W.
Calgary, CA
401 9 Ave SW #1200
Toronto, CA
65 Queen St W #410
Boston, US
155 Federal St #1200
Show all (4)

Capital Power Financials and Metrics

Capital Power Revenue

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View revenue for all periods
Capital Power's revenue was reported to be $1.39 b in FY, 2018 which is a 21.6% increase from the previous period.
USD

Revenue (Q2, 2019)

366.0m

Gross profit (Q2, 2019)

338.0m

Gross profit margin (Q2, 2019), %

92.3%

Net income (Q2, 2019)

106.0m

EBIT (Q2, 2019)

110.0m

Cash (30-Jun-2019)

168.0m
Annual
CADFY, 2016FY, 2017FY, 2018

Revenue

1.2b1.1b1.4b

Revenue growth, %

(6%)22%

Cost of goods sold

420.0m318.0m434.0m

Gross profit

794.0m828.0m960.0m
Quarterly
CADQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

334.0m226.0m374.0m338.0m201.0m346.0m307.0m363.0m389.0m397.0m366.0m

Cost of goods sold

148.0m42.0m158.0m131.0m33.0m115.0m64.0m63.0m173.0m67.0m28.0m

Gross profit

186.0m184.0m216.0m207.0m168.0m231.0m243.0m300.0m216.0m330.0m338.0m

Gross profit Margin, %

56%81%58%61%84%67%79%83%56%83%92%
Annual
CADFY, 2016FY, 2017FY, 2018

Cash

98.0m52.0m182.0m

Accounts Receivable

223.0m278.0m462.0m

Inventories

118.0m92.0m200.0m

Current Assets

554.0m542.0m921.0m
Quarterly
CADQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

53.0m28.0m22.0m65.0m47.0m62.0m48.0m49.0m41.0m90.0m168.0m

Accounts Receivable

159.0m164.0m166.0m210.0m224.0m219.0m263.0m273.0m349.0m277.0m296.0m

Inventories

83.0m90.0m85.0m117.0m131.0m137.0m136.0m144.0m169.0m190.0m223.0m

Current Assets

408.0m383.0m376.0m514.0m534.0m540.0m503.0m518.0m616.0m613.0m760.0m
Annual
CADFY, 2016FY, 2017FY, 2018

Net Income

102.0m134.0m267.0m

Depreciation and Amortization

216.0m271.0m300.0m

Inventories

5.0m4.0m(37.0m)

Accounts Payable

(7.0m)(14.0m)66.0m
Quarterly
CADQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

(8.0m)12.0m76.0m47.0m154.0m147.0m41.0m109.0m128.0m60.0m166.0m

Depreciation and Amortization

56.0m110.0m163.0m60.0m125.0m199.0m75.0m149.0m223.0m98.0m220.0m

Cash From Operating Activities

131.0m201.0m306.0m99.0m177.0m297.0m143.0m252.0m317.0m286.0m400.0m

Purchases of PP&E

(31.0m)(112.0m)(139.0m)(85.0m)(148.0m)(176.0m)(40.0m)(106.0m)(241.0m)(51.0m)(330.0m)
USDY, 2019

Financial Leverage

2.7 x
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Capital Power Operating Metrics

Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019

Facilities

18 24 25 25 26

Electricity Generated, TWh

3.90 3.71 3.93 15.33 3.96 3.67 4.72 17.19 5.03 4.58 5.21 20.23 5.78 5.50

Electricity Generated, GWh (Alberta Commercial Facilities)

1.70 k1.88 k1.77 k6.85 k1.79 k1.68 k1.96 k7.37 k2.13 k1.91 k2.23 k8.50 k2.43 k2.19 k

Electricity Generated, GWh (Alberta Contracted Facilities)

1.68 k1.35 k1.72 k6.47 k1.66 k1.40 k1.65 k6.44 k1.47 k1.40 k1.63 k6.23 k1.69 k1.25 k
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Capital Power Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Decatur Power Holdings, LLCJune 13, 2017$603 m
Element Power US, LLCDecember 08, 2014$121 m

Capital Power Revenue Breakdown

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Capital Power revenue breakdown by geographic segment: 83.7% from Canada and 16.3% from U.S.

Capital Power Online and Social Media Presence

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Capital Power News and Updates

Capital Power reports solid third quarter 2019 results

Results highlighted by record cash flow generation in the quarter driven by the execution of the Company’s growth strategy Results highlighted by record cash flow generation in the quarter driven by the execution of the Company’s growth strategy

Capital Power assumes 100% ownership and control of Genesee Generating Station following divestiture of its interest in Keephills 3

EDMONTON, Alberta, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power”) (TSX: CPX) announced today it has completed the transaction to acquire TransAlta Corporation’s (“TransAlta”) 50% share of the Genesee 3 generation unit (“G3”) and divest its 50% share of the Keephills …

Capital Power to gain 100% ownership and control of Genesee Generating Station through divestiture of interest in Keephills 3

EDMONTON, Alberta, Aug. 02, 2019 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today it has entered into an agreement to divest its 50% share of the Keephills 3 generation unit (“K3”) to TransAlta Corporation (“TransAlta”), and to acquire Tra…

Capital Power declares dividends for its Common and Preference shares and announces a 7.3% dividend increase for its common shares

EDMONTON, Alberta, July 29, 2019 (GLOBE NEWSWIRE) -- The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.48 per share on the outstanding common shares for the quarter ending September 30, 2019. The dividend is payable on October 31, 2019 to sha…

Capital Power completes $325 million Canadian dollar private placement of senior notes

EDMONTON, Alberta, June 12, 2019 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX: CPX) announced today that it has closed a $325 million private placement of senior notes. The net proceeds from the transaction will primarily be used for refinancing of existing ban…

Capital Power completes acquisition of Goreway Power Station

Acquisition materially increases contracted adjusted EBITDA and is immediately accretive to adjusted funds from operations per share Acquisition materially increases contracted adjusted EBITDA and is immediately accretive to adjusted funds from operations per share
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Capital Power Blogs

Capital Power Frequently Asked Questions

  • When was Capital Power founded?

    Capital Power was founded in 2009.

  • Who are Capital Power key executives?

    Capital Power's key executives are Brian Vaasjo, Bryan Deneve and Kate Chisholm.

  • How many employees does Capital Power have?

    Capital Power has 724 employees.

  • What is Capital Power revenue?

    Latest Capital Power annual revenue is $1.4 b.

  • What is Capital Power revenue per employee?

    Latest Capital Power revenue per employee is $1.9 m.

  • Who are Capital Power competitors?

    Competitors of Capital Power include LifeEnergy, Unitil Corporation and Taronis Technologies.

  • Where is Capital Power headquarters?

    Capital Power headquarters is located at 1200 - 10423 101 St. N.W., Edmonton.

  • Where are Capital Power offices?

    Capital Power has offices in Edmonton, Calgary, Toronto and Boston.

  • How many offices does Capital Power have?

    Capital Power has 4 offices.