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Capital Power Announces Appointment of Board of Directors Toronto Stock Exchange: CPX




EDMONTON, Alta., February 19, 2021 (GLOBE NEWSWIRE) – Donald Lowry, Chairman of the Board of Capital Power Corporation (TSX: CPX) (Capital Power or the Company) is pleased to announce the appointment of Barry Perry to the Companys Board of administration from March 1, 2021.

Mr. Perry will stand for election at the next annual meeting of shareholders of Capital Powers on April 29, 2021. As of the date of this press release, the board of directors of Capital Powers consists of 9 directors, 8 of whom are independent.

Mr. Perry is the former President and CEO of Fortis Inc. (Fortis) and has over 30 years of experience in utilities, papermaking and petroleum refining. He spent the last 20 years of his career at Fortis, where he also served as Vice President of Finance and CFO from 2004 to 2014. He led Fortis through a period of significant transformational growth that created a leading and well-respected North American electric utility. . Mr. Perry holds a Bachelor of Commerce degree from Memorial University and is a member of the Association of Chartered Professional Accountants of Newfoundland and Labrador.

On behalf of the board, I welcome Barry, said Donald Lowry. His deep expertise in the energy and energy sector, his strategic and innovative approach and his experience on ESG issues, including his efforts to champion diversity and inclusion, will be invaluable to Capital Power as we let’s pursue our vision. We look forward to working with Barry and his contributions to the Council table.

About Capital Power

Capital Power is a growth-oriented, sustainable energy-focused North American wholesale power producer headquartered in Edmonton, Alberta. We build, own and operate high quality utility scale production facilities that include renewable and thermal energy. We have also made significant investments in carbon capture and use to reduce carbon impacts and we have made a commitment to stop using coal by 2023. Capital Power has over 6,500 megawatts (MW) of capacity. power generation at 28 facilities in North America, of which approximately 425 MW is owned. renewable generation capacity and 560 MW of additional combined cycle natural gas capacity, from the restart of Genesee 1 and 2, under advanced development in Alberta and North Carolina.

For more information please contact:

Media relations:
Katherine Perron
(780) 392-5335
[email protected]
Investor Relations:
Randy Mah
(780) 392-5305 or (866) 896-4636 (toll free)
[email protected]

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