Overview
Capital Power Q2 net loss C$131 mln, negative EPS C$0.92
Adjusted EBITDA for Q2 at C$322 mln, AFFO C$235 mln
Completed acquisition of Hummel and Rolling Hills, adding 2.2 GW capacity
Outlook
Capital Power updates 2025 AFFO guidance to C$950 mln-C$1,100 mln
Company revises 2025 adjusted EBITDA forecast to C$1,500 mln-C$1,650 mln
Capital Power raises 2025 sustaining capital expenditure outlook to C$215 mln-C$245 mln
Result Drivers
ACQUISITION EXPANSION - Completion of Hummel and Rolling Hills acquisition added 2.2 GW to U.S. flexible generation portfolio
CAPITAL RAISE - Raised C$667 mln in equity capital and executed C$1.7 bln senior notes offering to finance acquisitions
PROJECT ADVANCEMENT - Reached commercial operation of 40MW uprate at Goreway and progressed four Ontario projects
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-C$0.92
Q2 Net Income
-C$131 mln
Q2 Adjusted EBITDA
C$322 mln
Q2 Adjusted FFO
C$235 mln
Q2 Adjusted FFO Per Share
C$1.55
Q2 Basic EPS
-C$0.92
Press Release: ID:nGNX77s0DX
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)