Capital Power Corporation announced that less than one million Cumulative Rate Reset Preference Shares, Series 1 were tendered for conversion to Series 2 Shares by the December 16 deadline. No Series 2 Shares will be issued, with none tendered for conversion. The fixed dividend rate for the next five-year period has been reset to 4.95800% for the 5,000,000 Series 1 Shares listed on the TSX. Capital Power acknowledges Indigenous Peoples’ territories where they operate and emphasizes their commitment to providing reliable and affordable power while prioritizing lower-carbon solutions for the future. Contact Katherine Perron at (780) 392-5335 or Noreen Farrell at (403) 461-5236 for more information.

Read more at GlobeNewswire: Capital Power Announces Conversion Results for Its