TSX:CPXRenewable Energy
Summer Tolling Extension at Arlington Might Change The Case For Investing In Capital Power (TSX:CPX)
In early January 2026, Capital Power announced it had extended its summer tolling agreement for the 600 MW Arlington natural gas facility through October 2038, adding a 35 MW capacity uprate that is expected to lift annual adjusted EBITDA by about US$70 million by 2032.
This extension locks in 13 years of contracted summer revenue while preserving winter merchant exposure, potentially reshaping how investors view the balance between stability and upside in Capital Power’s U.S. southwest...