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Capital Power 2025 Investor Day: Accelerating Growth to 2030
Announces MOU with Apollo-managed funds for US$3 billion investment partnership to pursue merchan...
About this update from Capital Power Corporation
[{"type":"text","content":"Capital Power 2025 Investor Day: Accelerating Growth to 2030\n\n\n\n\n\n Announces MOU with Apollo-managed funds for US$3 billion investment partnership to pursue merchant U.S. natural gas generation acquisitions\n \n\n\n\n\n\n Enters into a binding MOU with investment-grade data centre developer in Alberta\n \n\n\n\n EDMONTON, Alberta, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) is hosting its 2025 Investor Day today in Toronto. The event will highlight the Company’s strategic priorities, 2030 growth targets, and 2026 guidance, underscoring Capital Power’s position as a top-tier North American power producer serving the continent’s growing electricity demand with reliable, efficient natural gas generation.\n \n\n\n 2025 Investor Day Highlights\n \n\n\n 2030 Targets:\n \n\n\n\n 50% cumulative increase in U.S. capacity (or ~3.5 GW)\n \n\n 13-15% annual Total Shareholder Return (TSR)\n \n\n 8-10% annual AFFO per-share growth\n \n\n Maintain 2-4% annual dividend growth target\n \n\n\n Strategic Agreements:\n \n\n\n A memorandum of understanding (“MOU”) with funds managed by affiliates of Apollo Global Management (NYSE: APO) (“Apollo Funds”) to form a US$3 billion partnership to pursue the acquisition of merchant natural gas assets across the U.S.\n \n\n A binding MOU to negotiate an Electricity Supply Agreement (ESA) in Alberta with an investment-grade data centre developer, strengthening Capital Power’s role in powering the province’s growing AI infrastructure.\n \n\n\n\n “We have a long-standing track-record of delivering industry leading returns from natural gas fueled power generation assets, and an ability to acquire and optimize assets better than any other North American independent power producer,” said Avik Dey, President and Chief Executive Officer of Capital Power. “Now more than ever, we see an opportunity to grow our business as a result of structural growth in power demand driven by the AI infrastructure boom and the growing need for reliable and affordable energy.\n \n\n Our planned investment partnership with Apollo Funds would accelerate our efforts to deliver long-term reliable growth to our shareholders by augmenting our industry leading grow...