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Capital Power reports strong second quarter results, increases its 2021 financial guidance, and announces a 6 8% common share dividend increase
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Capital Power reports strong first quarter results and expects 2021 results to exceed annual financial guidance
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The operational and financial highlights in this press release should be read in conjunction with the Management’s Discussion and Analysis and the unaudited condensed interim financial statements for the three months ended March 31, 2021.
Earnings before net finance expense, income tax expense, depreciation and amortization, impairments, foreign exchange gains or losses, finance expense and depreciation expense from joint venture interests, gains or losses on disposals and unrealized changes in fair value of commodity derivatives and emissions credits (adjusted EBITDA), normalized earnings attributable to common shareholders, normalized earnings per share, adjusted funds from operations (AFFO) and AFFO per share are non-GAAP financial measures and do not have standardized meanings under GAAP and are, therefore, unlikely to be comparable to similar measures used by other enterprises. See Non-GAAP Financial Measures.
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Companies involved in these diverse businesses are all making major renewable energy investments in Alberta.
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Try refreshing your browser, or Varcoe: The tip of the iceberg as Amazon and Labatt sign renewable power deals in Alberta Back to video
Amazon, the largest corporate purchaser of renewable energy in the world, announced Monday its first such investment in Canada. It will acquire electricity from a new solar project in Newell County, to be built by Greengate Power Corp. of Calgary.
“It is significant that a company like Amazon is making its first commitment like this in Canada, in Alberta,” said Robert Hornung, president of the Canadian Renewable Energy Association.
Labatt and Capital Power announce partnership that advances Budweiser s 100% renewable electricity commitment – Padovanews
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