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Atlantic Power Corp (ATP.TO)

ATP.TO on Toronto Stock Exchange

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15 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Atlantic Power Corp Posts Q4 ‍loss Per Share $0.36​
Thursday, 1 Mar 2018 05:44pm EST 

March 1 (Reuters) - Atlantic Power Corp ::ORATION RELEASES FOURTH QUARTER AND YEAR END 2017 RESULTS.QTRLY ‍LOSS PER SHARE $0.36​.QTRLY REVENUE $100.0 MILLION VERSUS $93.4 MILLION.‍INITIATED GUIDANCE FOR 2018 PROJECT ADJUSTED EBITDA IN RANGE OF $170 TO $185 MILLION​.  Full Article

Atlantic Power Corp Announces Cdn$70 Million Offering Of Convertible Unsecured Subordinated Debentures
Monday, 22 Jan 2018 04:13pm EST 

Jan 22 (Reuters) - Atlantic Power Corp ::ATLANTIC POWER CORPORATION ANNOUNCES CDN$70 MILLION OFFERING OF CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES.  Full Article

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 09:33am EST 

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
Thursday, 9 Nov 2017 05:15pm EST 

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
Thursday, 19 Oct 2017 05:05pm EDT 

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 Corporation provides update on contractual arrangements for Naval Station and North Island projects
Monday, 28 Aug 2017 05:00pm EDT 

Aug 28 (Reuters) - Atlantic Power Corp :Atlantic Power Corporation provides update on contractual arrangements for Naval Station and North Island projects.Atlantic Power Corp - ‍NTC sell power to San diego gas & electric under power purchase agreements that are scheduled to expire in December 2019​.Atlantic Power Corp - ‍following notification of outcome of navy solicitation, company undertook an evaluation of carrying values of long-lived assets​.Atlantic Power Corp - determined that it is likely that PPAs for all three projects will terminate ahead of their scheduled Dec 2019 expiration dates​.Atlantic Power - projects will terminate ahead of their scheduled dates, potentially as early as Feb 2018, coincident with expiration of navy agreements​.Atlantic Power Corp - ‍company expects to record a long-lived asset impairment of approximately $50 million in Q3 of 2017​.Atlantic Power Corp - ‍company will continue to amortize approximate remaining $16 million of carrying value of three projects through February 2018​.Atlantic Power - ‍recently received notification from U.S. Navy regarding proposals involving company's Naval Station and North Island projects​.Atlantic Power - ‍co's projects were not selected in final round of navy's solicitation for energy security and resiliency at the 2 naval bases in San Diego​.  Full Article

Atlantic Power reports net loss per share attributable to shareholders $0.19
Thursday, 3 Aug 2017 05:17pm EDT 

Aug 3 (Reuters) - Atlantic Power Corp -:Atlantic Power Corporation releases second quarter 2017 results.Qtrly project revenue $124.0 million versus $98.2 ‍​million.Qtrly net loss per share attributable to Atlantic Power Corporation shareholders $0.19.  Full Article

Atlantic Power Corp announces new contractual arrangements
Tuesday, 1 Aug 2017 08:12am EDT 

Aug 1 (Reuters) - Atlantic Power Corp :Atlantic power corporation announces new contractual arrangements for naval station and north island projects.Atlantic power corp - ‍company expects approximately $16 million of project adjusted ebitda from naval station and north island on a combined basis in 2017​.Atlantic power corp - announced new seven-year power purchase tolling agreements for two of its power projects in san diego.Atlantic power corp - delivery obligations under pptas would commence as early as february 2018.Atlantic power corp - ‍company expects to make investments in both projects in form of major maintenance and upgrades, primarily in 2018​.Atlantic power corp - ‍ntc project, which has a capacity of 25 mw, is expected to generate approximately $4 million of project adjusted ebitda in 2017​.Atlantic power corp - ‍company is continuing to pursue contractual arrangements for project for 2019 and beyond​.Atlantic power - co, sdg&e executed amendments to existing ppas for 3 projects, which provide for termination of existing ppas as early as feb 2018.Atlantic power-project adjusted ebitda of two projects under pptas is expected to be about $6 million annually on a combined basis, beginning in feb 2018.  Full Article

Atlantic Power Q1 loss per share $0.02
Thursday, 4 May 2017 05:16pm EDT 

May 4 (Reuters) - Atlantic Power Corp ::Atlantic Power Corporation releases first quarter 2017 results.Atlantic Power Corp - qtrly loss per share $0.02.Atlantic Power Corp - qtrly total revenue $98.4 million versus. $106.4 million last year.Atlantic Power Corp says increased its guidance for 2017 project adjusted EBITDA to a range of $250 to $265 million.  Full Article

Atlantic Power reports repricing of APLP Holdings term loan and revolver
Monday, 17 Apr 2017 05:00pm EDT 

April 17 (Reuters) - Atlantic Power Corp ::Atlantic Power announces repricing of aplp holdings term loan and revolver.Atlantic Power -repricing of $615 million senior secured term loan,$200 million senior secured revolving credit facility at aplp holdings ltd partnership unit.Atlantic Power -as a result of repricing, co expects to realize interest cost savings for remainder of 2017 of $2.4 million - sec filing.Atlantic Power Corp - interest rate margin on term loan and revolver has been reduced by 75 basis points to libor plus 425 basis points.Atlantic Power Corp - cumulative savings through maturity dates of term loan and revolver estimated to be about $17 million, net of transaction fees.  Full Article

BRIEF-Atlantic Power Corp Reports Q1 EPS $0.12

* ATLANTIC POWER CORPORATION RELEASES FIRST QUARTER 2018 RESULTS