MXG Maxim Power Corp

Maxim Power Corp. (TSX:MXG) ("MAXIM or the Corporation") announced today that
Comax France S.A.S. ("COMAX"), the Corporation's wholly owned French subsidiary,
has closed the purchase of two peaking power plants. These plants have a
combined generating capacity of 15 Megawatts ("MW"), were acquired for EUR 1.0
million (CAD 1.63 million), and will be added to COMAX's fleet of peaking power
plants.


COMAX has received a financing commitment from a French bank for the full amount
of the purchase and anticipates closing the financing during August 2009,
following satisfaction of certain customary conditions precedent. On an interim
basis, this purchase will be financed using existing cash.


The above acquisition brings MAXIM's generating portfolio of assets in France to
26 power plants having a total of 163 MW of electric and 130 MW of thermal net
installed generating capacity.


About MAXIM

Based in Calgary, Alberta, MAXIM is an independent power producer, which
acquires or develops, owns and operates innovative and environmentally
responsible power projects. MAXIM currently owns and operates 39 power plants in
western Canada, United States and France, having 788 MW of electric and 137 MW
of thermal net generating capacity. MAXIM will continue to execute on its
strategy as an independent power producer and is targeting significant growth
through acquisitions and development of power projects which utilize hydrocarbon
based fuels and renewables in the markets of Western Canada, United States and
France. MAXIM trades on the TSX under the symbol "MXG". For more information
about MAXIM, visit our website at www.maximpowercorp.com.


Statements in this release which describe MAXIM's intentions, expectations or
predictions, or which relate to matters that are not historical facts are
forward-looking statements. These forward-looking statements involve known and
unknown risks and uncertainties which may cause the actual results, performances
or achievements of MAXIM to be materially different from any future results,
performances or achievements expressed in or implied by such forward-looking
statements. MAXIM may update or revise any forward-looking statements, whether
as a result of new information, future events or changing market and business
conditions and will update such forward looking statements as required pursuant
to applicable securities laws.

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