A capacitor assembly for use in ultrahigh voltage environments is provided. To help achieve good performance at such high voltages, a variety of aspects of the assembly are controlled in the present invention, including the number of capacitor elements, the manner in which the capacitor elements are arranged and incorporated into the assembly, and the manner in which the capacitor elements are formed. For example, the capacitor assembly contains an anode termination to which the anode lead of a first capacitor element is electrically connected and a cathode termination to which the cathode of a second capacitor element is electrically connected. To help improve the breakdown voltage properties of the assembly, the capacitor elements are electrically connected in series such that the anode lead of the second capacitor element is also electrically connected to the cathode of the first capacitor element via a conductive member.