Business

Capital Power reports first quarter 2026 results, underpinned by strong flexible generation performance and continued contracting success

EDMONTON, Alberta, April 29, 2026 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2026. Highlights Extended the Arlington Valley summer tolling agreement with the existing investment‑grade counterparty through 2038, adding 7 years of contracted revenue and approximately US$70 million in incremental annual capacity payments by 2032 relative to 2025Generated AFFO of $154 million and net cash flows from operating activities o

articleCapital Power CorporationApril 29, 202614/company/capital-power-corporation/news/capital-power-reports-first-quarter-2026-results-underpinned-by-strong-flexible-generation-performance-and-continued-contracting-success
Capital Power reports first quarter 2026 results, underpinned by strong flexible generation performance and continued contracting success

About this update from Capital Power Corporation

[{"type":"image","alt":"Capital Power Corporation","displaySize":"","headline":null,"caption":"Capital Power Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":217,"height":113,"url":"https://media.zenfs.com/en/globenewswire.com/4f17c0ec4c2027b471b3a38303171cd0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Xmf13E_SMmyg62GqriL8OQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIxOQ--/https://media.zenfs.com/en/globenewswire.com/4f17c0ec4c2027b471b3a38303171cd0","width":217,"height":113}},"lazy":false},{"type":"text","content":"EDMONTON, Alberta, April 29, 2026 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2026.","length":166,"tagName":"p"},{"type":"text","content":"Highlights ","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Extended the Arlington Valley summer tolling agreement with the existing investment‑grade counterparty through 2038, adding 7 years of contracted revenue and approximately US$70 million in incremental annual capacity payments by 2032 relative to 2025","length":250,"tagName":"p"}]},{"val":[{"type":"text","content":"Generated AFFO of $154 million and net cash flows from operating activities of $312 million","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"Generated adjusted EBITDA of $404 million and net income of $15 million","length":71,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced the appointment of Kevin MacIntosh as Chief Financial Officer, effective March 16, 2026","length":97,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":509,"olType":false},{"type":"text","content":"CEO Message","length":11,"tagName":"p"},{"type":"text","content":"Our favorable first quarter results demonstrate the resilience of Capital Power’s diversified, strategically positioned portfolio in a period of heightened global and market uncertainty. Our strategy continues to be grounded in securing durable, long-term contracts with creditworthy counterparties across a broad opportunity set. Demonstrating our ability to execute our strategy, we extended the summer tolling agreement at Arlington Valley to 2038.","length":451,"tagName":"p"},{"type":"text","content":"Furthermore, we continue to proactively manage risk through our industry-leading supply and trading function. In com...

More updates from Capital Power Corporation

Capital PowerAFFOtolling agreementArlington ValleyperformanceChief Financial Officernet incomecash flowsEBITDAcapital expenditures