Maxim Power Corp. (TSX:MXG) ("MAXIM" or the "Corporation") announced today that
it has entered into a 25 MW, one-year firm financial swap agreement with an
undisclosed third party. This swap agreement provides a hedge for MAXIM's
existing Alberta generation portfolio and will allow MAXIM to participate in the
day-ahead and month-ahead Alberta power markets. MAXIM views the current forward
prices for the 2013 Alberta power market as an ideal entry point considering the
province's supply/demand fundamentals and anticipated volatility.


About MAXIM 

Based in Calgary, Alberta, MAXIM is an independent power producer, which
acquires or develops, owns and operates innovative and environmentally
responsible power and power related projects. MAXIM currently owns and operates
40 power plants in western Canada, the 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Maxim Power Corp.
John R. Bobenic
President and CEO
(403) 750-9300


Maxim Power Corp.
Michael R. Mayder
Vice President, Finance and CFO
(403) 750-9311
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