TSX:CPXRenewable Energy
Should Capital Power’s Arlington Tolling Extension and Uprate Reshape Long-Term Cash Flows for (TSX:CPX) Investors?
In early January 2026, Capital Power announced it had extended its summer tolling agreement for the Arlington natural gas facility with an investment-grade utility through October 2038, alongside a planned 35 MW capacity uprate that is expected to lift adjusted EBITDA by about US$70 million annually by 2032.
This combination of long-term contracted summer revenues, incremental US$8 million per year adjusted EBITDA from the uprate starting in 2027, and winter merchant flexibility highlights...