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Atlantic Power Obtains Final Court Order Approving Arrangement


Atlantic Power Obtains Final Court Order Approving Arrangement
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DEDHAM, Mass., April 19, 2021 /PRNewswire/ Atlantic Power Corporation (NYSE: AT) (TSX: ATP) ( Atlantic Power or the Company ) announced today that it has obtained a final court order from the Supreme Court of British Columbia approving its previously announced arrangement with certain affiliates (collectively the Purchasers ) of infrastructure funds managed by I Squared Capital Advisors (US) LLC.
The previously announced transaction with the Purchasers (the Transaction ) remains subject to the satisfaction or waiver of certain conditions, including approval of the holders of the Company s convertible debentures ( Convertible Debentures ), certain remaining regulatory approvals and third-party consents, and other customary closing conditions. As previously disclosed, the parties intend to close the Transaction without the approval of the ho ....

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Atlantic Power Provides an Update on Convertible Debentureholder Meeting


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DEDHAM, Mass., April 15, 2021 /PRNewswire/  Atlantic Power Corporation (NYSE:AT) (TSX:ATP) ( Atlantic Power or the Company ) announced today that the parties to the previously announced proposed transaction among Atlantic Power, Atlantic Power Preferred Equity Ltd. ( APPEL ), Atlantic Power Limited Partnership ( APLP ) and certain affiliates (collectively the Purchasers ) of infrastructure funds managed by I Squared Capital Advisors (US) LLC (the Transaction ) are continuing to work through the steps required to close the Transaction without the approval of holders of the Company s 6.00% Series E convertible unsecured subordinated debentures due January 31, 2025 (the Convertible Debentures ).
It is expected that these steps will still offer to the holders of Convertible Debentures the benefit of the make whole premium contemplated by the indenture governing the Convertible Debentures. Additional details will be provided once these steps are substantially ....

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