Capital Power Corporation's announced that the appointment follows the planned retirement of Brian Vaasjo who will support Mr. Dey to ensure a seamless transition. The selection follows a rigorous North American search process conducted by a special committee of the Board, with the support of a leading executive recruiting firm. The Board met with a wide range of high-quality internal and external candidates.

Mr. Dey spent more than two decades in executive, operational, investing and strategic advisory roles. He has invested over $12 billion in growing long term value for energy and energy transition companies. Most recently Mr. Dey held key executive leadership roles with The Carlyle Group, NOVA Chemicals, and Canada Pension Plan Investment Board.

Prior to these roles, he was President & CEO of Remvest Energy Partners in Houston, Texas and a Founder serving as Chief Financial Officer of Remora Energy.