MXG Maxim Power Corp

Maxim Power Corp. (TSX:MXG) ("MAXIM" or the "Corporation") announced today that
the Alberta Utilities Commission ("AUC") has rendered its decisions on
complaints made by Milner Power Inc. ("Milner") on transmission loss factor
rules and loss factor methodologies adopted by the Alberta Electric System
Operator ("AESO") and applied in the Alberta wholesale electricity market for
the periods from 2006 to 2008 and from 2009 to 2011.


On August 17, 2005 MAXIM's wholly-owned subsidiary, Milner Power Inc., submitted
a complaint to the AUC (AUC Application 1606494) stating that the then newly
approved loss factor rules and methodologies used by the AESO failed to comply
with the Transmission Regulation under the Electric Utilities Act and, as a
result, Milner has suffered a financial loss. Loss factors are assigned to each
generator within the Province and are used to recover the cost of energy losses
on the transmission system. 


On April 16, 2012 the AUC rendered decisions 2012-104 and 2012-105 on this
matter. The AUC has upheld the complaint made by Milner that the ISO Line Loss
Rules contravene the Transmission Regulation.


The AUC has indicated that it will proceed to the next phase of the proceeding
and is seeking submissions from all of the parties on how best to proceed. MAXIM
anticipates that these proceedings will establish compensation to MAXIM and rule
changes with respect to transmission line losses. 


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 40 power plants in
western Canada, United States and France, having 788 MW of electric and 111 MW
of thermal net generating capacity. 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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