EDMONTON — Electricity generator Capital Power Corp. raised its dividend as it reported a net loss attributable to shareholders of $44 million in its latest quarter.
The loss amounted to 33 cents per share and compared with a net loss of $132 million, or 92 cents per share in the second quarter of last year.
The Edmonton-based company says it will now pay shareholders a quarterly dividend of 70.48 cents per share, up from 69.10 cents per share.
Adjusted funds from operations — a measure Capital Power says reflects its ability to fund growth, repay debt and pay dividends — was $328 million, or $2.09 per share, up from $235 million, or $1.55 per share in the year-earlier quarter.
The company attributed that increase in part to the recognition of Clean Technology Investment Tax Credit government grants for eligible Canadian renewables projects
Revenues and other income for the quarter were $740 million, up from $441 million in the second quarter of 2025.
This report by The Canadian Press was first published July 29, 2026.
