C

Capital Power

Power generation using renewables and thermal

Electrical/Instrumentation and Control Systems Engineer

Full-Time
No salary listed
Entry, Junior
Bachelor's
Midland, MI, USA
HybridCombination of office and field work; travel may be required to support other facilities or project needs.
No H1B Sponsorship

About the job

Requirements
  • An undergraduate degree in Electrical Engineering.
  • 0–2 years of relevant engineering experience; experience equivalencies may be considered.
  • Exposure to industrial environments, preferably in power generation or similar sectors.
  • Understanding of electrical system design, maintenance, and compliance with codes and standards.
  • Knowledge of instrumentation and controls engineering, including programmable logic controllers, distributed control systems, and analytical instruments.
  • Familiarity with civil and structural engineering principles and maintenance processes in industrial settings.
  • Strong written and verbal communication skills.
  • Legal eligibility to work in the United States of America.
Responsibilities
  • Provide technical support for electrical and instrumentation and control systems, including troubleshooting, maintenance planning, and compliance with internal and external standards.
  • Manage and execute complex repair tasks and design changes related to electrical, instrumentation, and control systems.
  • Support operations and maintenance teams with technical direction and mentoring to ensure robust engineering practices.
  • Participate in the development and implementation of predictive tools and maintenance strategies to improve reliability and reduce downtime.
  • Review and apply engineering codes, standards, and internal procedures, and contribute to the development of internal standards.
  • Evaluate the economic impact of technical solutions and recommend alternatives where appropriate.
  • Support Management of Change processes and participate in peer reviews to ensure engineering compliance.
  • Collaborate with cross-functional teams to integrate engineering insights into operational and strategic planning.
  • Provide input into recruitment, development plans, and performance assessments for junior engineers and engineering students.
  • Demonstrate a strong focus on health, safety, and environmental standards and contribute to the development of related procedures.
Desired Qualifications
  • Exposure to industrial environments, preferably in power generation or similar sectors.

About the company

Capital Power is a North American power producer that develops, acquires, owns, and operates energy generation facilities across Canada and the United States, using a mix of renewable and thermal sources to provide about 9,300 MW of capacity across 32 facilities. It earns revenue by selling electricity and related services to residential, commercial, and industrial customers. The company differentiates itself through a growth-focused strategy and a broad mix of assets, combined with a strong focus on environmental, social, and governance performance to pursue a low-carbon energy future. Its goal is to deliver sustainable value for shareholders while delivering reliable, affordable power and advancing cleaner energy solutions.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Edmonton, Canada

Founded

1891

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Simplify's Take

What believers are saying

  • Q2 2026 AFFO rose to C$328 million, and dividend increased 2%.
  • Reuters on September 21, 2026 said Capital Power is courting multiple hyperscalers.
  • Hornet Solar reached mechanical completion July 10, 2026; tax equity follows in Q4 2026.

What critics are saying

  • Q2 2026 net loss of C$43 million exposed weakness despite higher AFFO.
  • Meta's Alberta data center shifts to Pembina's plant in 2030, capping Capital Power's duration.
  • Heavy gas concentration faces emissions policy tightening and fuel-price shocks across Alberta and PJM.

What makes Capital Power unique

  • Capital Power's flexible gas fleet and battery storage serve data-centre loads faster than renewables.
  • July 8, 2026 Meta ESA locks 250 MW in Alberta through 2028.
  • Apollo partnership provides up to US$3 billion for U.S. gas acquisitions.

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Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Flexible Work Hours

Remote Work Options

Relocation Assistance

Employee Referral Bonus

Growth & Insights and Company News

Headcount

6 month growth

↑ 6%

1 year growth

↑ 6%

2 year growth

↑ 6%
MarketBeat
Sep 17th, 2026
Capital Power (TSE:CPX) PT set at C$80.00 by Royal Bank Of Canada.

Capital Power (TSE:CPX) PT set at C$80.00 by Royal Bank Of Canada. September 17, 2026 Key points. * Royal Bank of Canada set an C$80.00 price target on Capital Power and maintained an "outperform" rating, implying 29.6% upside from the reported trading price. * Analyst sentiment remains positive, with the stock carrying a consensus "Buy" rating and an average target price of C$80.10 from MarketBeat-tracked analysts. * Capital Power shares rose 3.6% to C$61.73, while the company reported quarterly revenue of C$714 million and a loss of C$0.33 per share. * MarketBeat previews top five stocks to own in October. Capital Power (TSE:CPX - Get Free Report) received a C$80.00 price objective from equities researchers at Royal Bank Of Canada in a research note issued on Thursday, BayStreet reports. The brokerage currently has an "outperform" rating on the stock. Royal Bank Of Canada's target price indicates a potential upside of 29.60% from the company's current price. CPX has been the topic of a number of other reports. Wells Fargo & Company lifted their price target on Capital Power from C$72.00 to C$75.00 and gave the stock an "equal weight" rating in a report on Monday, July 27th. BMO Capital Markets lowered their price objective on shares of Capital Power from C$85.00 to C$81.00 and set an "outperform" rating on the stock in a research report on Thursday, July 30th. Desjardins increased their target price on shares of Capital Power from C$82.00 to C$88.00 and gave the company a "top pick" rating in a research report on Friday, July 3rd. National Bank Financial lifted their price target on shares of Capital Power from C$75.00 to C$82.00 and gave the stock an "outperform" rating in a report on Monday, June 1st. Finally, Canadian Imperial Bank of Commerce dropped their price objective on Capital Power from C$85.00 to C$83.00 in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Capital Power currently has a consensus rating of "Buy" and an average target price of C$80.10. Capital Power stock up 3.6%. CPX stock traded up C$2.17 during midday trading on Thursday, reaching C$61.73. 216,653 shares of the company's stock traded hands, compared to its average volume of 666,043. The company has a market cap of C$9.70 billion, a price-to-earnings ratio of 108.30, a P/E/G ratio of 0.91 and a beta of 0.61. The firm's fifty day moving average price is C$66.76 and its 200-day moving average price is C$67.20. The company has a quick ratio of 0.55, a current ratio of 0.80 and a debt-to-equity ratio of 150.64. Capital Power has a 52 week low of C$56.48 and a 52 week high of C$77.02. Discover more Stock Market News Get Business Reports Capital Power (TSE:CPX - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported C($0.33) earnings per share for the quarter. The business had revenue of C$714.00 million during the quarter. Capital Power had a net margin of 3.05% and a return on equity of 2.31%. As a group, sell-side analysts forecast that Capital Power will post 2.8197088 earnings per share for the current fiscal year. Insider buying and selling. In related news, insider Jason Daniel Comandante sold 1,500 shares of Capital Power stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of C$74.88, for a total value of C$112,320.00. Following the completion of the transaction, the insider directly owned 8,711 shares in the company, valued at approximately C$652,279.68. The trade was a 14.69% decrease in their position. Company insiders own 0.17% of the company's stock. Capital Power company profile. Capital Power TSX: CPX is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America. We prioritize safely delivering reliable and affordable power communities can depend on, building lower-carbon power systems, and creating balanced solutions for our energy future. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Capital Power, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capital Power wasn't on the list. While Capital Power currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets. Continue following MarketBeat

Dividend Channel
Aug 20th, 2026
Capital Power named a Top 25 dividend stock on valuation, profitability, and payout history.

Capital Power named a Top 25 dividend stock on valuation, profitability, and payout history. By Joel Kornblau, Editor, Dividend Channel, Thursday, August 20, 2026, 9:12 AM ET Capital Power Corp (CPX.CA) has been identified as a Top 25 dividend stock in the latest Canada Stock Channel DividendRank report, reflecting a combination of valuation, profitability, and dividend consistency. The ranking highlights CPX.CA as a dividend stock worth closer review, particularly for investors assessing the durability of cash distributions alongside underlying business fundamentals. The report said that, within its coverage universe, Capital Power Corp stood out for attractive valuation metrics and strong profitability measures. It also cited the company's quarterly dividend track record and favorable long-term growth trends in key fundamental indicators, factors that often carry added weight when evaluating income-oriented equities. Why CPX.CA ranked highly. The report stated, "Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research." That framework is notable because dividend analysis is strongest when yield is considered alongside business quality. A high payout alone can be misleading if it is unsupported by earnings, free cash flow, or balance-sheet capacity. By contrast, rankings that incorporate profitability and valuation seek to identify dividend stocks where income characteristics are paired with a more resilient operating profile. Capital Power's dividend history. Capital Power Corp currently pays an annualized dividend of $2.8192 per share in quarterly installments. Its most recent ex-dividend date was 09/29/2026. For dividend-focused analysis, the ex-dividend date helps establish eligibility for the next distribution, while the annualized payout provides a baseline for assessing yield and payout sustainability relative to earnings and cash generation. A long-term dividend history can be especially useful in evaluating the reliability of a company's shareholder returns. Consistency over time may indicate disciplined capital allocation, stable operating cash flow, and management confidence in forward cash-generation capacity. A rising dividend history can also signal that the business has expanded earnings power over multiple years, although the pace and sustainability of increases remain central to the investment case. What dividend investors typically look for. When a company appears in a dividend ranking such as this one, the key questions usually include: * Is the dividend well covered? Coverage is commonly assessed using earnings, free cash flow, and the payout ratio. * Is the business profitable and durable? Profitability metrics can help distinguish between temporarily elevated yield and a more sustainable distribution profile. * Is the stock attractively valued? Valuation matters because an income stock purchased at too rich a price can limit total return even if the dividend remains intact. * Has management demonstrated consistency? A credible pattern of maintaining or growing the dividend often supports confidence in future distributions. CPX.CA's inclusion in the Top 25 reflects the report's view that the company scores well across several of these dimensions rather than on yield alone. Why dividend history still matters. The chart below illustrates CPX.CA's long-term dividend history, a data series that the report emphasized as particularly important. Historical payout trends do not determine future results, but they can provide a useful record of how a company has managed through different operating and market conditions. For utility and power-sector companies in particular, dividend stability is often analyzed in the context of cash flow visibility, capital spending requirements, financing costs, and the balance between growth investment and shareholder distributions. Bottom line. Capital Power Corp's placement in the Top 25 of the latest DividendRank report underscores a dividend profile supported by more than yield alone. The ranking points to a combination of valuation appeal, profitability, and an established record of quarterly distributions. For investors reviewing Canadian dividend stocks, those attributes help explain why CPX.CA has moved into focus as a name meriting further fundamental analysis.

GlobeNewswire
Feb 19th, 2026
Capital Power appoints Kevin MacIntosh as Chief Financial Officer

Capital Power appoints Kevin MacIntosh as Chief Financial Officer. EDMONTON, Alberta, Feb. 19, 2026 (GLOBE NEWSWIRE) - Capital Power Corporation (TSX: CPX) is pleased to announce the appointment of Kevin MacIntosh as Chief Financial Officer of the company, effective March 16, 2026. Mr. MacIntosh has over 30 years of experience as a finance leader working in large, complex organizations within the global energy industry and brings expertise across multi-jurisdictional operations, cross-border transactions, energy trading and diverse regulatory landscapes. He has a proven track record in strategic leadership and business optimization, leading high-performance teams across financial planning and analysis, external reporting, internal controls, and finance reporting system transformation. To ensure a smooth transition, Scott Manson, who has served as Interim CFO, will continue to support the onboarding process and assist Mr. MacIntosh until the end of April 2026. "As a seasoned and technology-minded financial leader, Kevin's depth of experience with publicly traded and private energy companies across North America - including Suncor Energy and Irving Oil - aligns with our growth strategy," said Avik Dey, President and CEO. "He will play a critical role in sustaining Capital Power's performance, bringing expertise across crucial functions including capital allocation, acquisition integration, cross-border reporting and controls, and optimization of enterprise business process. We're delighted to welcome Kevin to the team." "On behalf of the Board, the executive team and all of Capital Power, I thank Scott Manson for his strong leadership and expertise, including his service as Interim CFO," added Mr. Dey. "As a leader in North America's energy sector, Capital Power's ambitious growth strategy paired with its depth of operational expertise across key energy markets marks an exciting time in its history," said Kevin MacIntosh, incoming CFO. "I'm excited to work with Avik, the management team and the bright team of financial leaders at the company to drive Capital Power's strategy forward." Most recently, Mr. MacIntosh served as Vice President and Controller for Suncor Energy. In this role, he led the implementation of a next-generation intelligent ERP system and the company's geographic consolidation efforts, as well as served as the finance integration lead as Suncor Energy assumed operatorship of Syncrude Company Limited. Prior to this role, Mr. MacIntosh worked across finance functions in Suncor's downstream and upstream operations. He also held several leadership roles for Irving Oil that included leadership of the firm's supply and trading operations. He holds a Bachelor of Commerce from Dalhousie University and holds a CPA-CGA designation. About Capital Power Capital Power (TSX: CPX) is one of North America's leading independent power producers, with approximately 12 GW of generation capacity across 32 facilities. Our portfolio includes natural gas, renewables and battery energy storage solutions. We deliver power generation at utility-scale through a flexible and resilient fleet built to meet growing electricity demand. Backed by deep expertise and an investment-grade credit rating, we provide safe, reliable power communities can depend on. We are Powering Change by Changing Power(TM). | Media Relations: Katherine Perron (780) 392-5335 [email protected] | Investor Relations: Noreen Farrell (403) 461-5236 [email protected] |

NationTalk
Dec 10th, 2025
Capital Power 2025 Investor Day: Accelerating Growth to 2030

Capital Power 2025 Investor Day: Accelerating Growth to 2030. by ahnationtalk on December 10, 2025 December 10, 2025 EDMONTON, Alberta - Capital Power Corporation ("Capital Power" or the "Company") (TSX: CPX) is hosting its 2025 Investor Day today in Toronto. The event will highlight the Company's strategic priorities, 2030 growth targets, and 2026 guidance, underscoring Capital Power's position as a top-tier North American power producer serving the continent's growing electricity demand with reliable, efficient natural gas generation. 2025 Investor Day Highlights * 50% cumulative increase in U.S. capacity (or ~3.5 GW) * 13-15% annual Total Shareholder Return (TSR) * 8-10% annual AFFO per-share growth * Maintain 2-4% annual dividend growth target * A memorandum of understanding ("MOU") with funds managed by affiliates of Apollo Global Management (NYSE: APO) ("Apollo Funds") to form a US$3 billion partnership to pursue the acquisition of merchant natural gas assets across the U.S. * A binding MOU to negotiate an Electricity Supply Agreement (ESA) in Alberta with an investment-grade data centre developer, strengthening Capital Power's role in powering the province's growing AI infrastructure. "We have a long-standing track-record of delivering industry leading returns from natural gas fueled power generation assets, and an ability to acquire and optimize assets better than any other North American independent power producer," said Avik Dey, President and Chief Executive Officer of Capital Power. "Now more than ever, we see an opportunity to grow our business as a result of structural growth in power demand driven by the AI infrastructure boom and the growing need for reliable and affordable energy. Our planned investment partnership with Apollo Funds would accelerate our efforts to deliver long-term reliable growth to our shareholders by augmenting our industry leading growth platform and enhancing our access to capital," Mr. Dey added. Strategic Partnership Accelerating Growth Capital Power has entered into an MOU with Apollo Funds to form an investment partnership to pursue the acquisition of merchant U.S. natural gas generation assets, with total potential committed equity of up to US$3 billion. The partnership combines Apollo Funds' capital strength with Capital Power's operating and commercial expertise to accelerate Capital Power's U.S. natural gas growth strategy and expand earnings. * The MOU contemplates an equity commitment of up to U.S.$2.25 billion from Apollo Funds and U.S.$750 million from Capital Power, with Capital Power electing a 25% to 50% working interest in each acquisition. * The MOU contemplates a partnership with Capital Power operating acquired assets and receiving management and performance fees. * Capital Power will create additional value by leveraging its operating platform to enhance asset performance and improve returns. Additionally, the Company entered into a binding MOU with an investment grade data centre developer for a 250 MW ESA. The long-term ESA (10+ years) has an anticipated start date in 2028 and would be backed by Capital Power's Alberta-based power generation portfolio. If a final agreement between the parties cannot be reached, a termination fee will be paid to Capital Power. Capital Power's 2026 financial guidance - ranging across Adjusted EBITDA, AFFO and Sustaining Capital - underscores our commitment to disciplined execution, capital allocation, and reliable long-term growth. 2026 guidance reflects full-year contribution from the recently acquired assets in PJM and reinforces our dedication to investing in our assets as they progress through their life cycle. The enhanced sustaining capital investment is a critical step in extending asset life and positioning the portfolio for commercial maximization opportunities. These guidance ranges reflect continued confidence in our business strategy and our ability to generate outsized returns. * Adjusted EBITDA: $1,565 - $1,765 million * AFFO: $890 - $1,010 million * Sustaining Capital: $290 - $330 million * Dividend Growth target: 2% The 2026 targets and forecasts are based on numerous assumptions, including power and natural gas price forecasts. They do not include the effects of asset sell-downs, potential future acquisitions or development activities, or potential market and operational impacts relating to unplanned facility outages, including outages at facilities of other market participants, and the related impacts on market power prices. 2025 Investor Day Webcast Today's event starts at 9:00 AM ET. The webcast can be accessed at: An archive of the webcast will be available on the Company's website following the conclusion of the event. Capital Power uses (i) earnings before income tax expense, depreciation and amortization, net finance expense, foreign exchange gains or losses, gains or losses on disposals and other transactions, unrealized changes in fair value of commodity derivatives and emission credits, other expenses from the Company's joint venture interests, acquisition and integration costs, and other items that are not reflective of the Company's facility operating performance (adjusted EBITDA), and (ii) AFFO as specified financial measures. Adjusted EBITDA and AFFO are both non-GAAP financial measures. Capital Power also uses AFFO per share as a specified performance measure. This measure is a non-GAAP ratio determined by applying AFFO to the weighted average number of common shares used in the calculation of basic and diluted earnings per share. These terms are not defined financial measures according to GAAP and do not have standardized meanings prescribed by GAAP and, therefore, are unlikely to be comparable to similar measures used by other enterprises. These measures should not be considered alternatives to net income, net income attributable to shareholders of Capital Power, net cash flows from operating activities or other measures of financial performance calculated in accordance with GAAP. Rather, these measures are provided to complement GAAP measures in the analysis of the Company's results of operations from management's perspective. Investor Relations

Central Charts
Nov 6th, 2025
Capital Power announces a C$600 million medium term note offering and its intention to redeem C$300 million of medium term notes

EDMONTON, Alberta, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it has