Atlantic Power Announces Common and Preferred Shareholder Approval of I Squared Transaction
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DEDHAM, Mass., April 7, 2021 /PRNewswire/ Atlantic Power Corporation (NYSE: AT) (TSX: ATP) ( Atlantic Power or the Company ) announced that, at today s special meetings of common shareholders ( Common Shareholders ) of Atlantic Power and preferred shareholders ( Preferred Shareholders ) of Atlantic Power Preferred Equity Ltd. ( APPEL ), shareholders voted to approve the previously announced proposed transaction among Atlantic Power, APPEL, Atlantic Power Limited Partnership and certain affiliates (collectively the Purchasers ) of infrastructure funds managed by I Squared Capital Advisors (US) LLC (the Transaction ). Upon closing of the Transaction, all of the common shares of Atlantic Power ( Common Shares ) will be acquired for US$3.03 in cash per Common Share (less applicable withholdings) and all of the preferred shares of
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