Capital Power Announces Closing of $460 Million Offering of Common Shares

EDMONTON, Alberta, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today that it has completed its previously announced bought deal offering of 7,820,000 common shares of Capital Power (“Common Shares”), which included 1,020,000 Common Shares issued pursuant to the full exercise of the over-allotment option, at an offering price of $58.80 per Common Share, for total gross proceeds of approximately $460 million (the “Offering”).

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