Atlantic Power Announces Common and Preferred Shareholder Approval of I Squared Transaction News provided by Share this article Share this article 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 APPEL ("Preferred Shares") will be acquired for C$22.00 in cash per Preferred Share (less applicable withholdings).