Energy Generation: 100% (2025)

TOP 3 Markets:

1. Canada: approx. 70%
2. USA: approx. 25%
3. Other International Markets: approx. 5%

Capital Power Corporation generates all its revenues from energy generation. The company is heavily focused on the Canadian market, with the majority of revenues coming from Canada. The USA represents the second largest market, followed by smaller international markets. This distribution reflects the strategic focus and geographical presence of Capital Power.

Production Sites: Canada, USA

Capital Power Corporation is a power generation company that operates mainly in Canada and the USA. The company operates and develops power generation facilities that utilize a variety of energy sources, including gas, coal, wind, and solar. Most of their facilities are located in Canada, particularly in Alberta, where the company is headquartered. In the USA, Capital Power also has several projects that contribute to the diversification of their energy portfolio.

Share of Renewable Energies: 50% by 2025
Investment Volume: 1.3 billion CAD (2024-2025)

Capital Power Corporation is pursuing a growth strategy that is heavily focused on expanding its portfolio in the field of renewable energies. The company plans to increase the share of renewable energies in its total energy production to 50% by 2025.

To achieve this goal, Capital Power has earmarked an investment volume of 1.3 billion CAD for the period 2024-2025. These investments will mainly flow into the expansion of wind and solar projects. In addition, the company is relying on technological innovations and partnerships to improve the efficiency and sustainability of its energy production.

The strategy also includes the modernization of existing facilities to reduce CO2 emissions and lower operating costs. Capital Power aims to strengthen its market position in the field of renewable energies through these measures and ensure long-term profitable growth.

Main raw materials: Coal, natural gas, biomass

Countries of origin:

• Coal: Canada (local sources), USA
• Natural gas: Canada (local sources)
• Biomass: Canada (local sources), USA

Capital Power Corporation is an energy company mainly operating in Canada. The company uses various raw materials for power generation, including coal, natural gas, and biomass.

Coal is sourced from both local Canadian sources and imported from the USA to ensure supply security. Natural gas is mainly sourced from Canadian sources as Canada has extensive natural gas reserves. Biomass is also locally sourced, with occasional imports from the USA to meet demand.

This diversification of raw material sources helps Capital Power to balance fluctuations in the availability and prices of raw materials and optimize operating costs.

Market share in the Canadian energy sector: Approximately 10% (2025, estimated)
Diversification of energy sources: 40% renewable energy, 60% conventional energy (2025, estimated)
Investments in renewable energy: 500 million CAD (2024)

Capital Power Corporation has a significant competitive advantage due to its diversified energy generation, which includes both renewable and conventional energy sources. This allows the company to flexibly respond to market changes and regulatory requirements.

Investments in renewable energy strengthen their position in the growing market for sustainable energy. This could lead to an improved market position in the long term as the demand for environmentally friendly energy sources increases.

Additionally, Capital Power benefits from a strong presence in the Canadian energy market, providing them with a stable source of income and a solid foundation for future growth.

Institutional Investor Share: approximately 55% (2025, estimated)

Insider Buys/Sells: No significant transactions in the last year (2025, estimated)

The institutional investor share in Capital Power Corporation is estimated to be around 55%. This demonstrates the confidence of large investors in the company's long-term stability and growth potential.

In 2025, there were no significant insider transactions, indicating a stable assessment of the company's value by management and other insiders. This can be seen as a sign that management does not expect drastic changes in the company's value.

Market share of Capital Power Corporation: Estimated 5% (2025)

Main competitors and their market shares:

1. Brookfield Renewable Partners (TSX:BEP.UN): 15%
2. TransAlta Corporation (TSX:TA): 12%
3. Algonquin Power & Utilities Corp (TSX:AQN): 10%
4. Fortis Inc. (TSX:FTS): 8%
5. Hydro One Limited (TSX:H): 7%
6. Capital Power Corporation (TSX:CPX): 5%
7. Innergex Renewable Energy Inc. (TSX:INE): 4%
8. Northland Power Inc. (TSX:NPI): 3%
9. Emera Incorporated (TSX:EMA): 3%
10. ATCO Ltd. (TSX:ACO.X): 2%

Economic moat of Capital Power Corporation:

Capital Power Corporation has a moderate economic moat, primarily based on its strategic positioning in the renewable energy sector and its ability to enter into long-term Power Purchase Agreements (PPAs), providing a certain level of revenue stability and predictability.

Compared to major competitors like Brookfield Renewable Partners and TransAlta Corporation, which have more extensive and diversified portfolios in renewable energy, Capital Power's economic moat is less pronounced. For instance, Brookfield Renewable Partners benefits from a global presence and a wide range of renewable energy projects, giving them a significant competitive advantage.

In summary, while Capital Power Corporation has some strategic advantages, its economic moat is less pronounced compared to industry leaders. The competition generally holds stronger competitive advantages due to their size, diversification, and international reach.

Revenue Growth: 8.2% (2024) Profit Growth: 6.5% (2024) Dividend Growth: 5.0% (last 3 years)

Capital Power Corporation has recorded a solid revenue growth of 8.2% in 2024 in recent years. This shows that the company is able to continuously increase its income, indicating strong operational performance and effective business strategies.

The profit growth of 6.5% in 2024 further supports the positive development of the company. This metric shows that Capital Power is not only able to generate revenue but also operate efficiently and increase profits.

Additionally, the company has maintained a dividend growth of 5.0% over the last three years. This is a positive signal for investors who rely on regular returns from their investments and indicates stable financial health.

Overall, the financial performance of Capital Power Corporation suggests that the stock could be an attractive investment opportunity, especially for investors who value long-term growth and stable dividends.

Dividend yield: 5.8% (2025, estimated)
Dividend history: Steady increase over the last 5 years

Capital Power Corporation is known for paying an attractive dividend. The dividend yield is currently around 5.8%, which is considered high compared to many other companies in the energy sector.

Over the past five years, the company has consistently increased its dividend, indicating a reliable payout policy. This stability is attributed to Capital Power's robust business model and solid financial foundation. Analysts believe that the company can continue its dividend policy in the future, provided that no significant negative market changes occur.