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The race to the producing marginal fields conversion deadline | Dentons

Introduction - In a previous publication, we discussed the transitional framework of existing marginal fields (“MF”) introduced by the Petroleum Industry Act (“PIA”) and. ....

Petroleum Industry Act , Petroleum Resources , Nigerian Upstream Petroleum Regulatory Commission , Conversion Deadline , Existing Farm Out ,

Atlantic Power Announces Closing of Transaction With I Squared Capital


Atlantic Power Announces Closing of Transaction With I Squared Capital
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DEDHAM, Mass., May 14, 2021 /PRNewswire/ Atlantic Power Corporation (NYSE: AT) (TSX: ATP) ( Atlantic Power ), announced today the closing ( Closing ) of its previously announced transaction with affiliates of infrastructure funds managed by I Squared Capital Advisors (US) LLC (the Transaction ). In connection with the Transaction:
All of the common shares of Atlantic Power ( Common Shares ) were acquired for US$3.03 in cash per Common Share (less applicable withholdings).
All of the preferred shares of Atlantic Power Preferred Equity Ltd. ( APPEL ) were acquired by APPEL for C$22.00 in cash per preferred share (less applicable withholdings). ....

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Atlantic Power Announces Cancellation of Convertible Debentureholder Meeting and Intention to Defease Convertible Debentures


Atlantic Power Announces Cancellation of Convertible Debentureholder Meeting and Intention to Defease Convertible Debentures
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DEDHAM, Mass., April 29, 2021 /PRNewswire/ Atlantic Power Corporation (NYSE: AT) (TSX: ATP) ( Atlantic Power or the Company ) announced today that it has cancelled the meeting of holders of its 6.00% Series E convertible unsecured subordinated debentures due January 31, 2025 (the Convertible Debentures ) scheduled to be held on April 29, 2021 to consider the previously announced proposed transaction among Atlantic Power, Atlantic Power Preferred Equity Ltd., Atlantic Power Limited Partnership and certain affiliates (collectively the Purchasers ) of infrastructure funds managed by I Squared Capital Advisors (US) LLC (the Transaction ). The meeting was cancelled with the consent of the Purchasers and the parties have mutually waived the condition precedent to the Transaction that the ....

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