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Atlantic Power Corp (ATP.TO)

ATP.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Mangrove Partners Says Held Talks With Atlantic Power CEO Over Alternative Uses For Power Plants That Expired Or Expiring Power Purchase Agreements
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Mangrove Partners: :MANGROVE PARTNERS SAYS HELD TALKS WITH ATLANTIC POWER CEO OVER ALTERNATIVE USES FOR POWER PLANTS THAT EXPIRED OR EXPIRING POWER PURCHASE AGREEMENTS.MANGROVE CAPITAL - ON JAN 10, IT HAD TELEPHONIC MEETING WITH ATLANTIC POWER'S CEO TO DISCUSS PLANS TO DEVELOP, SUPPLY POWER TO COLLOCATED DATA CENTERS.MANGROVE PARTNERS REPORTS A 9.96 PERCENT STAKE IN ATLANTIC POWER AS OF JAN 10 - SEC FILING.MANGROVE CAPITAL SAYS ALSO DISCUSS WITH ATLANTIC POWER'S CEO TO EXPLORE UTILIZING SURPLUS POWER FOR CRYPTOCURRENCY MINING,OTHER BLOCKCHAIN APPLICATIONS.  Full Article

Atlantic Power posts Q3 ‍net loss $32.9 mln vs $82.4 mln a year ago
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Atlantic Power Corp :Atlantic Power Corporation releases third quarter 2017 results.Atlantic Power Corp - ‍net loss of $32.9 million in Q3 2017 versus. $82.4 million in Q3 2016​.  Full Article

Atlantic Power Corp announces repricing of APLP Holdings term loan
Friday, 20 Oct 2017 

Oct 19 (Reuters) - Atlantic Power Corp :Atlantic Power Corporation announces repricing of APLP holdings term loan and revolver and repayment of Piedmont project debt.Atlantic Power Corp - repricing of $563 million senior secured term loan and $200 million senior secured revolving credit facility at its unit.Atlantic Power Corp - ‍as a result of the repricing, company expects to realize interest cost savings in 2018 of approximately $4 million​.Atlantic Power Corp -‍ combined savings of both repricing transactions is expected to be approximately $33 million over terms of facilities​.Atlantic Power - ‍cumulative savings through maturity dates of term loan and revolver are estimated to be approximately $15 million​.Atlantic Power Corp - on October 12​, co ‍repaid $54.6 million non-recourse project debt outstanding at its piedmont plant.Atlantic Power - ‍decision to repay Piedmont maturity from discretionary cash brings total debt repayment expected in 2017 to approximately $166 million​.  Full Article

Atlantic Power qtrly loss per share $0.15
Tuesday, 9 Aug 2016 

Atlantic Power Corp : Atlantic power corporation releases second quarter 2016 results . Have approximately $40 million of cash available for further debt and equity repurchases and internal or external growth investments . Expect to repay another $42 million debt in second half of year . Expects to incur maintenance expense in 2016 of approximately $45 million. . In late july morris project began a six-week maintenance outage that coincides with a scheduled turnaround at customer's facility . Impact of higher maintenance expense, lost margin during extended outage expected to be about $9 million on project adjusted ebitda in q3 . Says guidance for 2016 project adjusted ebitda is $200 to $220 million, which is unchanged . Says not provided guidance for project income or net income because of difficulty of making accurate forecasts . Says expects to have capital expenditures of approximately $8 million in 2016 . Qtrly loss per share $0.15 .Morris project outage is expected to be completed by end of august.  Full Article

BRIEF-Atlantic Power Corp Announces Cdn$70 Million Offering Of Convertible Unsecured Subordinated Debentures

* ATLANTIC POWER CORPORATION ANNOUNCES CDN$70 MILLION OFFERING OF CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES Source text for Eikon: Further company coverage: