Our Commitments: Environmental Impact | Capital One

Capital One EV Hub helps car buyers understand the world of hybrid and electric vehicles to make a more informed decision about sustainable vehicle options.

Capital One invested $75 million of tax equity in Chevelon Butte, a wind farm in Coconino and Navajo Counties, Arizona, developed by global energy company AES. Construction on the 238-megawatt first phase of the wind generation facility was completed in 2023. The project currently generates enough clean energy to power approximately 60,000 homes across the state without generating any carbon emissions. Capital One’s Energy, Power and Renewables team provided about 45% of the tax equity for the Chevelon Butte project.