Capital Clean Energy Carriers Corp. Announces Completion of Corporate Conversion, Name Change, Corporate Logo and Nasdaq Ticker Page 1

• Company has become a public limited company today “Capital Clean Energy Carriers Corp.” (“CCEC”), with a focus on the company’s strategic pivot to the LNG and energy transition businesses
• After delivery of all contracted vessels in the third quarter of 2027, CCEC expects to become the largest U.S. publicly traded LNG transportation company and be well positioned for future growth.

ATHENS, Greece, Aug. 26, 2024 (GLOBE NEWSWIRE) — Capital Clean Energy Carriers Corp. (“CCEC,” “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, today announces the completion of our conversion from a Marshall Islands limited partnership called “Capital Product Partners LP” to a Marshall Islands corporation (the “Conversion”) and our adoption of a new corporate identity with a name change to “Capital Clean Energy Carriers Corp.” and our Nasdaq stock exchange ticker to “CCEC” (the “Name Change”).

The conversion and name change are key milestones in our strategic pivot to transporting various forms of natural gas to industrial customers, including liquefied natural gas (“LNG”) and new feedstocks emerging as a result of the energy transition, as initially announced in November 2023. To achieve our strategic pivot, in November 2023 we agreed to acquire 11 newbuild LNG/C vessels (the “Newbuild LNG/C Vessels”), five of which are already in the water and the remaining six vessels are expected to be delivered between the first quarter of 2026 and the first quarter of 2027. In June 2024, we also ordered 10 state-of-the-art, high-performance gas carriers, including four uniquely capable multi-gas carriers capable of transporting liquid CO2. These, together with the newbuild LNG/C vessels, collectively form the “Energy Transition Vessels”. This $3.9 billion investment, which is remarkable in both value and size of assets, underscores our commitment to becoming a leading provider of transportation for LNG and other clean fuels.

We have already made significant progress in our refocusing of operations, with 12 new-generation LNG/C vessels currently in the water, plus the sale of seven older containerships in the first half of 2024. Following delivery of our remaining Energy Transition Vessels between the first quarter of 2026 and the third quarter of 2027, we expect to become the largest U.S. publicly traded LNG transportation company, offering our industrial customers a full range of transportation solutions.