Maxim Power Corp T.MXG

Alternate Symbol(s): MXGFF

Utilities Utilities - Independent Power Producers

Maxim Power Corp. is an independent power producer. The Company is focused entirely on power projects in Alberta. Its core asset, the 300 megawatts (MW) H.R. Milner Plant, M2, in Grande Cache, AB, is a combined cycle gas-fired power plant. The Company continues to explore additional development options in Alberta, including its permitted gas-fired generation projects and the permitting of its wind power generation project. Its Milner 2 (M2) power plant is a 204 MW natural gas-fired turbine generator located at the HR Milner Generating Station site near Grande Cache, Alberta. Its HR Milner Generating Station (Milner 1 or M1), located near Grande Cache, Alberta, is a 150 MW dual fuel steam turbine generator capable of burning both natural gas and coal.

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Maxim Power Corp

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Post by Betteryear2on May 10, 2022 6:12pm

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Post# 34672208

Maxim Power Corp. Continued Strong Earnings with $36 M

CALGARY, Alberta, May 10, 2022 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the first quarter ended March 31, 2022. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM's website on May 10, 2022. All figures reported herein are Canadian dollars unless otherwise stated.

Maxim Power Corp. Reports Continued Strong Earnings with $36 million of Revenue and $17 million of Net Income in the First Quarter of 2022

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