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8-K - 8-K - ATLANTIC POWER CORPa18-15543_28k.htm

Exhibit 99.1

 

 

Atlantic Power Corporation Announces Election of Directors

 

DEDHAM, MASSACHUSETTS — June 19, 2018 — Atlantic Power Corporation (NYSE: AT) (TSX: ATP) (“Atlantic Power” or the “Company”) announced that the nominees listed in the management information circular and proxy statement for the 2018 Annual Meeting of shareholders were elected as directors of the Company.  Detailed results of the votes by proxy for the election of directors held at the Annual Meeting of shareholders today in Toronto, Ontario are set out below.

 

Nominee

 

Votes For

 

% For

 

Votes Withheld

 

% Withheld

 

Irving R. Gerstein

 

36,723,619

 

77.60

%

10,602,782

 

22.40

%

R. Foster Duncan

 

39,753,300

 

84.00

%

7,573,101

 

16.00

%

Kevin T. Howell

 

44,275,781

 

93.55

%

3,050,621

 

6.45

%

Gilbert S. Palter

 

45,010,833

 

95.11

%

2,315,571

 

4.89

%

James J. Moore, Jr.

 

45,410,254

 

95.95

%

1,916,147

 

4.05

%

 

About Atlantic Power

 

Atlantic Power is an independent power producer that owns power generation assets in nine states in the United States and two provinces in Canada.  The generation projects sell electricity and steam to investment-grade utilities and other creditworthy large customers predominantly under long-term PPAs that have expiration dates ranging from 2019 to 2037.  The Company seeks to minimize its exposure to commodity prices through provisions in the contracts, fuel supply agreements and hedging arrangements.  The projects are diversified by geography, fuel type, technology, dispatch profile and offtaker (customer).  The majority of the projects in operation are 100% owned and directly operated and maintained by the Company.  The Company has expertise in operating most fuel types, including gas, hydro, and biomass, and it owns a 40% interest in one coal project.

 

Atlantic Power’s shares trade 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 the Company’s financial data and other publicly filed documents are available 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.