June 02, 2021

Capital Power announces closing of $288 million best new online casinooffering of common shares including the exercise of over-allotment option

New casino sites –  Capital Power Corporation (TSX: CPX) (Capital Power or the Company) announced today that it has completed its previously announced public offering of 7,480,750 common shares, which included 975,750 common shares issued pursuant to the full exercise of the over-allotment option, at an issue price of $38.45 per common share (the Offering Price) for total gross proceeds of approximately $288 million (the Offering).

The Offering was first announced on May 25, 2021 when the Company entered into an agreement with a syndicate of underwriters led by TD Securities Inc. and CIBC Capital Markets. The Company intends to use the net proceeds from the Offering to fund growth initiatives, including its development pipeline that currently has 985 megawatts (MW) in advanced stages of development and for general corporate purposes.

All references to dollar amounts contained herein new online casino no deposit bonusare to Canadian dollars.

No securities regulatory authority has either approved or disapproved the contents of this press release. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Capital Power in the United States or in any jurisdiction in which such offer, solicitation of sale would be unlawful. These securities have not been and will not be registered under the U.S. Securities Act or any U.S. state securities laws and may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

Forward-looking Information

Forward-looking information or statements included in this press release are provided to inform the Company’s shareholders and potential investors about management’s assessment of Capital Power’s future new online casino no deposit bonusplans and operations. This information may not be appropriate for other purposes. The forward-looking information in this press release is generally identified by words such as will, anticipate, believe, plan, intend, target, and expect or similar words that suggest future outcomes. This press release includes forward-looking information and statements pertaining to the intended use of proceeds of the Offering.

Readers are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the specified approval date. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in the Company’s expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law.

About Capital Power

Capital Power is a growth-oriented best new online casinoNorth American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta. We build, own and operate high-quality, utility-scale generation facilities that include renewables and thermal. We have also made significant investments in carbon capture and utilization to reduce carbon impacts and are committed to be off coal in 2023. Capital Power owns over 6,400 MW of power generation capacity at 26 facilities across North America. Projects in advanced development include 425 MW of owned renewable generation capacity in North Carolina and Alberta and 560 MW of incremental natural gas combined cycle capacity, from the repowering of Genesee 1 and 2 in Alberta.