Capital Power to release fourth quarter 2023 results and 2023 Integrated Annual Report on February 28

Capital Power Corporation (TSX: CPX) will release its fourth quarter and year-end 2023 results and 2023 Integrated Annual Report (IAR) before the markets open on February 28, 2024.

Capital Power’s IAR will include our year-end financial information, environmental, social and governance reporting, a Global Reporting Initiative index, a Sustainability Accounting Standards Board index, and disclosures in accordance with the Task Force on Climate-related Financial Disclosures.

Analyst Conference Call and WebcastManagement will host a conference call with analysts on the same day at 9:00 a.m. MST (11:00 a.m. EST) to discuss its fourth quarter and year-end operating and financial results.

• Webcast: https://edge.media-server.com/mmc/p/qb9dz78h/
• Conference Call: Details will be sent directly to analysts.
• An archive of the webcast will be made available following the conclusion of the analyst conference call.

Territorial AcknowledgementIn the spirit of reconciliation, Capital Power respectfully acknowledges that we operate within the ancestral homelands, traditional and treaty territories of the Indigenous Peoples of Turtle Island, or North America. Capital Power’s head office is located within the traditional and contemporary home of many Indigenous Peoples of the Treaty 6 Territory and Métis Nation of Alberta Region 4. We acknowledge the diverse Indigenous communities that are located in these areas and whose presence continues to enrich the community.

About Capital PowerCapital Power is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy. Our balanced approach to net zero by 2045 includes natural gas with emerging technologies to achieve decarbonization alongside the growth of renewables to deliver affordable, clean power generation that communities can rely on.

Capital Power owns approximately 7,700 MW of power generation capacity at 30 facilities across North America. Projects under construction include approximately 140 MW of renewable generation capacity and 512 MW of incremental natural gas combined cycle capacity from the repowering of Genesee 1 and 2 in Alberta, as well as approximately 350 MW of natural gas and battery energy storage systems in Ontario and approximately 70 MW of solar capacity in North Carolina in advanced development.

For more information, please contact:

Media Relations:Katherine Perron(780) [e-mail]

Investor Relations:Roy Arthur(403) [e-mail]