Overview
Atlantic Power is a leading publicly traded, power generation and infrastructure company with a well diversified portfolio of assets in the United States and Canada. Our power generation projects sell electricity to utilities and other large commercial customers under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. The net generating capacity of the Company's projects is approximately 2,140 MW, consisting of interests in 31 operational power generation projects across 11 states and 2 provinces, one 53 MW biomass project under construction in Georgia, and an 84-mile, 500 kilovolt electric transmission line located in California. Atlantic Power also owns a majority interest in Rollcast Energy, a biomass power plant developer with several projects under development. Atlantic Power is incorporated in British Columbia, headquartered in Boston and has offices in Chicago, Toronto, Vancouver and San Diego.
Our corporate strategy is to generate stable, contracted cash flows from our existing assets to sustain our dividend payout to shareholders while increasing the value of the company through accretive acquisitions in North American markets. Our dividend is currently paid monthly at an annual rate of Cdn$1.15 per share.
Atlantic Power has a market capitalization of approximately $1.6 billion and trades on the New York Stock Exchange under the symbol AT and on the Toronto Stock Exchange under the symbol ATP.
Listed Securities:
Common shares
Dividends on common shares are paid monthly. Shareholders can elect to have their distributions paid in Canadian dollars or the equivalent U.S. funds.
TSX Ticker Symbol: ATP
NYSE Ticker Symbol: AT
Shares Issued & Outstanding: 113,474,259
6.50% Convertible Subordinated Debentures
The Debentures pay interest semi-annually on April 30 and October 31 each year. The Debentures mature on October 31, 2014 and are convertible into 80.6452 common shares per Cdn$1,000 principal amount of Debentures, at any time, at the option of the holder, representing a conversion price of Cdn$12.40 per common share.
Ticker Symbol: ATP.DB-T
Principal Amount Outstanding: Cdn$49.9 million
Exchange: TSX
6.25% Convertible Subordinated Debentures
The 6.25% Convertible Subordinated Debentures were issued on December 17, 2009. The Debentures pay interest semi-annually on March 15 and September 15 each year. The Debentures mature on March 15, 2017 and are convertible into 76.9231 common shares per Cdn$1,000 principal amount of Debentures, at any time, at the option of the holder, representing a conversion price of Cdn$13.00 per common share.
Ticker Symbol: ATP.DB.A-T
Principal Amount Outstanding: Cdn$68.1 million
Exchange: TSX
5.60% Convertible Subordinated Notes
The debentures pay interest semi-annually on June 30 and December 31 each year. The Debentures mature on June 30, 2017 and are convertible into 55.2486 common shares per Cdn $1,000 principal amount of Debentures, at any time, at the option of the holder, representing a conversion price of Cdn 18.10 per common share.
Ticker Symbol: ATP.DB.B-T
Principal Amount Outstanding: Cdn$80.5 million
Exchange: TSX
Transfer Agent:
Computershare Investor Services, Inc
100 University Avenue
Toronto, ON M5J 2Y1
Legal Counsel:
Goodmans LLP
Bay Adelaide Centre
333 Bay Street, Suite 3400
Toronto, ON M5H 2S7 CANADA
Goodwin Procter
Exchange Place, 53 State Street
Boston, MA 02109 USA
Auditor:
KPMG LLP
345 Park Avenue
New York, NY 10154 USA
Our Office Locations:
Boston (Headquarters):
200 Clarendon St., FL 25
Boston, MA 02116
617-977-2400
617-977-2700 (Investor Relations)
Info@atlanticpower.com
Chicago:
3250 Lacey Road
Downers Grove, IL 60515 USA
630-427-6300
Vancouver:
215-10451 Shellbridge Way
Richmond, BC V6X 2W8 CANADA
855-280-4737
Toronto:
1301-200 University Avenue
Toronto, ON M5H 3C6 CANADA
416-773-7400
San Diego:
8835 Balboa Avenue, Ste. D
San Diego, CA 92123
619-437-8067