MXG Maxim Power Corp

Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX:MXG) announced today that
the Environmental Impact Assessment for the Corporation's Milner Expansion
project, a 500 MW coal-fired generation facility adjacent to its existing Milner
facility, was deemed complete by Alberta Environment. The decision by Alberta
Environment enables the project to enter the final phase of the regulatory
approval process, which is expected to conclude in the first quarter of 2011.


Concurrent with achieving this milestone, MAXIM has engaged in discussions with
several parties to procure a long term fuel supply agreement for the Milner
Expansion project. This project is expected to require some 1.4 million tonnes
of thermal coal on an annual basis.


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 44 power plants in
western Canada, United States and France, having 809 MW of electric and 117 MW
of thermal net generating capacity. Approximately 80% of MAXIM's current
portfolio is comprised of clean burning natural gas, high efficiency
cogeneration, waste heat and landfill gas fuelled generation. 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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