CPXWF - Capital Power closes C$1B sustainability-linked credit facilities

Capital Power (CPXWF) closed its inaugural C$1B Sustainability-Linked Credit facilities ((SLCs)).The company extended and amended its existing committed credit facilities transitioning them into SLCs.Capital Power said the five-year, C$1B SLCs reinforce Capital Power’s ESG commitments by introducing financial incentives to reach its ESG goals."This announcement reinforces our commitment to be net carbon neutral by 2050 by linking reductions in GHG emissions intensity to our credit facilities, while ensuring we maintain access to sufficient liquidity to continue to fund our low-carbon growth," said Senior Vice President, Finance and CFO Sandra Haskins.Source: Press Release

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Capital Power closes C$1B sustainability-linked credit facilities