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  • Capstone Infrastructure Corporation Reports First Quarter Results and Declares a Quarterly Dividend
Corporation

Capstone Infrastructure Corporation Reports First Quarter Results and Declares a Quarterly Dividend

May 16, 2022
Zina

Toronto, May 12, 2022 (World NEWSWIRE) — Capstone Infrastructure Company (TSX: CSE.PR.A) (the “Corporation” or “Capstone”) right now introduced and filed its economical results for the to start with quarter ended March 31, 2022. The Corporation’s Management’s Discussion and Evaluation (“MD&A”) for the initial quarter of 2022 and unaudited interim consolidated monetary statements are available at www.capstoneinfrastructure.com and on SEDAR at www.sedar.com. Capstone’s MD&A aspects the “Results of Operations” and gives a “Financial Position Review” for the quarter finished March 31, 2022.

Dividend Declarations

The Board of Administrators right now declared a quarterly dividend on the Corporation’s Cumulative Five-Calendar year Fee Reset Chosen Shares, Sequence A (the “Preferred Shares”) of $.2314 per Most well-liked Share to be compensated on or about August 1, 2022 to shareholders of report at the near of small business on July 15, 2022. The dividend on the Desired Shares addresses the period from April 30, 2022 to July 30, 2022.

The dividends compensated by the Corporation on its Desired Shares are designated “eligible” dividends for the applications of the Earnings Tax Act (Canada). An increased dividend tax credit score applies to suitable dividends paid to Canadian residents.

About Capstone Infrastructure Corporation

Capstone is building our lower-carbon long term, driving the energy changeover forward via inventive thinking, powerful partnerships, and a motivation to top quality and integrity in how we do enterprise. A developer, proprietor, and operator of clear and renewable vitality initiatives across North The united states, Capstone’s portfolio consists of about 776MW gross put in capacity throughout 30 facilities, like wind, solar, hydro, biomass, and pure gasoline cogeneration electricity crops. You should visit www.capstoneinfrastructure.com for much more info.

Warning About Forward-Hunting Statements

Specified of the statements contained inside this document are ahead-hunting and replicate management’s expectations regarding the potential advancement, benefits of operations, effectiveness and business enterprise of the Company based on information and facts at this time readily available to the Corporation. Forward-wanting statements are presented for the objective of presenting details about management’s present anticipations and designs relating to the foreseeable future and audience are cautioned that such statements may possibly not be suitable for other uses. These statements use forward-hunting text, these types of as “anticipate”, “continue”, “could”, “expect”, “may”, “will”, “intend”, “estimate”, “plan”, “believe” or other similar terms. These statements are subject matter to identified and not known risks and uncertainties that may well bring about true results or functions to vary materially from all those expressed or implied by such statements and, appropriately, really should not be read through as guarantees of long run performance or final results. The ahead-on the lookout statements inside of this document are based mostly on details now offered and what the Company at present believes are sensible assumptions, which includes the product assumptions established out in the management’s dialogue and assessment of the outcomes of operations and the fiscal affliction of the Corporation (“MD&A”) for the calendar year ended December 31, 2021, as up-to-date in subsequently submitted MD&A of the Corporation (such documents are accessible less than the Corporation’s SEDAR profile at www.sedar.com).

Although the Corporation believes that it has a fair basis for the anticipations mirrored in these ahead-seeking statements, real outcomes may differ from these suggested by the ahead-looking statements because of to inherent threats and uncertainties. For a thorough description of these risk aspects, be sure to refer to the “Risk Factors” section of the Corporation’s Once-a-year Info Sort dated March 22, 2022, as supplemented by disclosure of risk variables contained in any subsequent annual data form, material transform experiences (other than confidential content modify stories), organization acquisition studies, interim money statements, interim management’s dialogue and investigation and facts circulars filed by the Company with the securities commissions or identical authorities in Canada (which are obtainable under the Corporation’s SEDAR profile at www.sedar.com).

The assumptions, pitfalls and uncertainties described previously mentioned are not exhaustive and other functions and risk variables could bring about true benefits to vary materially from the outcomes and situations mentioned in the ahead-looking statements. The forward-wanting statements in just this doc reflect current anticipations of the Corporation as at the date of this document and speak only as at the day of this document. Besides as may be needed by relevant regulation, the Company does not undertake any obligation to publicly update or revise any ahead-seeking statements.

Speak to: Megan Hunter
Capstone Infrastructure Company
416-649-1325
[email protected]

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