Atlantic Power Corporation Sets Meeting Date and Record Date for Special Meeting of Shareholders in Connection with Capital Power Income L.P. Acquisition

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[{"type":"text","content":"\n\n\n\n\n\n \n\n\n \n\nBOSTON, Sept. 27, 2011 /CNW/ -- Atlantic Power Corporation (NYSE: AT) (TSX: ATP) (\"Atlantic Power\" or the \"Company\") will hold a special meeting of shareholders to consider and vote upon the issuance of common shares of Atlantic Power as partial consideration for its acquisition of Capital Power Income, L.P. (\"CPILP\"). The special meeting is scheduled to be held on November 1, 2011 at 9:00 a.m. (ET) at The King Edward Hotel in Toronto, ON. Atlantic Power shareholders of record as of the close of business on October 3, 2011, will be entitled to notice of the special meeting and the opportunity to vote on the matters to be considered at the meeting.\n\nAtlantic Power has filed preliminary proxy materials with the U.S. Securities and Exchange Commission (\"SEC\") which contains detailed information about the transaction and special meeting. The definitive proxy statement is expected to be publicly filed with the SEC and the Canadian Securities Administrators on October 3, 2011. The Company expects the transaction to close in early November.\n\nIn addition, the Company provided an update on approvals in connection with the transaction.\n\n \n\n Highlights\n -- SEC has completed its review of the definitive joint proxy\n -- U.S. FERC 203 approval granted\n -- Canadian Competition Act no-action letter received\n -- Early termination of waiting period under Hart-Scott Rodino Act\ngranted\n\n \n\n\"We are pleased to have set the date for our shareholder meeting on November 1 keeping us on track for a fourth quarter closing of the CPILP acquisition, coinciding with our integration planning timeline,\" said Barry Welch, President and CEO of Atlantic Power. \"We have dates set for the outstanding approvals, including Alberta court approval of the plan of arrangement and shareholder and unitholder approvals as outlined in the joint proxy circular. Our attention continues to be focused on the successful transition and integration of CPILP's assets and people into Atlantic Power, and we look forward to bringing this transaction across the finish line for our existing and prospective shareholders.\"\n\n \n\n Capital Power Income L.P. Acquisition Overview\n \n\nOn June 20, 2011, Atlantic Power, CPILP, CPI Income Services Ltd., the general partner of CPILP, and CPI Investments Inc., a unitholder of CPILP that is own...

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