Ms. Katherine Perron reports

CAPITAL POWER TO RELEASE THIRD QUARTER 2023 RESULTS AND HOST ANALYST CONFERENCE CALL ON NOVEMBER 1

Capital Power Corp. will release its third quarter 2023 results before the markets open on Nov. 1, 2023. Management will host a conference call with analysts on the same day at 9 a.m. MDT (11 a.m. EDT) to discuss its third quarter operating and financial results.

Analyst conference call and webcast

Webcast:  A webcast will be available.

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.

About Capital Power Corp.

Capital Power is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy. The company's 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 7,500 megawatts of power generation capacity at 29 facilities across North America. Projects in advanced development and construction include 224 megawatts of renewable generation in Alberta and North Carolina, 512 megawatts of incremental natural gas combined cycle capacity from the repowering of Genesee 1 and 2 in Alberta, and approximately 350 megawatts of natural gas and battery energy storage systems in Ontario.