ATLANTIC POWER CORPORATION (TSE:ATP) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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ATLANTIC POWER CORPORATION (TSE:ATP) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.

On November9, 2017, Atlantic Power Corporation (the “Company”) issued a press release reporting its financial results and other information for the three and nine months ended September30, 2017. A copy of the Company’s press release is attached as Exhibit99.1 hereto and is incorporated by reference.

Item 7.01. Regulation FD Disclosure.

Atlantic Power’s financial results presentation and management comments on the presentation will be available on the Conference Calls pageof Atlantic Power’s website (www.atlanticpower.com) on November9, 2017.

As previously disclosed, Atlantic Power’s management will hold an investor conference call and webcast tomorrow, November10, 2017, at 8:30 a.m.ET, to answer questions related to its third quarter 2017 financial results and related information. Participants may access the webcast from the Atlantic Power website.

The information in Item 2.02, including Exhibit99.1, and Item 7.01 is being furnished and shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liability of that Section, nor shall such information be deemed to be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933 or the Exchange Act, except as otherwise stated in that filing.

Item 9.01. Financial Statements and Exhibits

(d)Exhibits


ATLANTIC POWER CORP Exhibit
EX-99.1 2 a17-26266_1ex99d1.htm EX-99.1 Exhibit 99.1     Atlantic Power Corporation Releases Third Quarter 2017 Results   Third Quarter and YTD 2017 Highlights   ·             Cash provided by operating activities of $52.9 million in Q3 2017 vs. $38.2 million in Q3 2016 –            $137.9 million for the first nine months of 2017 vs. $91.9 million in the year-ago period ·             Net loss of $(32.9) million in Q3 2017 vs. $(82.4) million in Q3 2016 –            $(57.5) million for the first nine months of 2017 vs. $(116.2) million in the year-ago period ·             Project Adjusted EBITDA of $77.4 million in Q3 2017 vs. $51.3 million in Q3 2016 –            $226.6 million for the first nine months of 2017 vs. $159.9 million in the year-ago period ·             Repaid $29.4 million of term loan and project debt during Q3 2017 and $86.2 million year to date ·             Liquidity at September 30,…
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About ATLANTIC POWER CORPORATION (TSE:ATP)

Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and other commercial customers primarily under long-term power purchase agreements (PPAs). Atlantic Power operates through four segments: East U.S., West U.S., Canada and Un-Allocated Corporate. Atlantic Power’s power generation projects in operation have an aggregate gross electric generation capacity of approximately 2,140 megawatts (MW), in which its aggregate ownership interest is approximately 1,500 MW. The Company’s portfolio consists of interests in approximately 20 operational power generation projects across over nine states in the United States and approximately two provinces in Canada. The Company’s power generation projects are primarily located in California, the United States Mid-Atlantic, New York and the provinces of Ontario and British Columbia.