Strengthening Ontario’s grid: Capital Power commissions two Battery Energy Storage Projects

EDMONTON, Alberta, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) is pleased to announce that its 120-MW York Battery Energy Storage System (“BESS”) and 50-MW Goreway BESS projects (“the projects”) have successfully achieved commercial operations. A leader of Ontario’s BESS development, Capital Power delivered both projects on time, under budget and with an excellent safety record. Combined, both projects will add roughly $35 million in contracted annual EBITDA for over 20 years. The projects are contracted until 2047 with the Ontario IESO (part of their Expedited Long-Term 1 RFP process).

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