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Atlantic Power Corp Announces Closing Of Ridgeline Acquisition And Canadian Hills Achieving Commercial Operations


Wednesday, 2 Jan 2013 08:30am EST 

Atlantic Power Corp announced that on December 31, 2012, it closed its previously announced acquisition of Ridgeline Energy Holdings, Inc. ("Ridgeline"). Upon closing, the maturity date of the Company's 6.00% series D extendible convertible unsecured subordinated debentures (the "Debentures") was automatically extended to December 31, 2019. The Company also announced that the approximately 300 MW Canadian Hills Wind project (the "Project" or "Canadian Hills") achieved its commercial operation date ("COD"), and that the Company closed tax equity funding for the Project and fully repaid the Project's $272 million construction loan. All figures are in USD unless stated otherwise. 

Company Quote

4.29
-0.05 -1.15%
27 Aug 2014