DEDHAM, Mass., March 14, 2016 /CNW/ -- Atlantic Power
Corporation (NYSE: AT) (TSX: ATP) ("Atlantic Power" or the
"Company") announced today that Kenneth M.
Hartwick has resigned from the Company's Board of Directors,
effective March 11, 2016, in order to
assume his new role as Senior Vice President and Chief Financial
Officer of Ontario Power Generation (OPG). OPG is a power
generation company based in Toronto and owned by the Province of
Ontario. It generates approximately half the province's power
supply needs.
Mr. Hartwick had been a director of the Company since October
2004. He also served as the Company's interim President and
Chief Executive Officer from September
2014 to January 2015.
"On behalf of the entire Board of Directors, I would like to
thank Ken for his many contributions to the Board over the past 11
years and for his service to the Company as interim CEO. His
many years of leadership experience in the energy sector have been
invaluable to the Board as well as to the Company's
management. We wish him well in his new role at OPG," said
Irving Gerstein, Chairman of the
Board of Atlantic Power.
"I have enjoyed my time on the Atlantic Power Board and step
down with confidence that the management team and Board have a
clear strategic direction on which they will continue to
execute. I look forward to the Company's continued success,"
said Kenneth
Hartwick.
About Atlantic Power
Atlantic Power owns and operates a diverse fleet of power
generation assets in the United
States and Canada. The Company's power generation
projects sell electricity to utilities and other large commercial
customers largely under long-term power purchase agreements, which
seek to minimize exposure to changes in commodity prices.
Atlantic Power's power generation projects in operation have an
aggregate gross electric generation capacity of approximately 2,138
megawatts ("MW") in which its aggregate ownership interest is
approximately 1,500 MW. The Company's current portfolio
consists of interests in twenty-three operational power generation
projects across nine states in the United
States and two provinces in Canada.
Atlantic Power trades on the New York Stock Exchange under the
symbol AT and on the Toronto Stock Exchange under the symbol
ATP. For more information, please visit the Company's website
at www.atlanticpower.com or contact:
Atlantic Power Corporation
Investor Relations
(617) 977-2700
info@atlanticpower.com
Copies of financial data and other publicly filed documents are
filed on SEDAR at www.sedar.com or on EDGAR at
www.sec.gov/edgar.shtml under "Atlantic Power Corporation" or
on the Company's website.
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SOURCE Atlantic Power Corporation