Maxim Power Corp T.MXG

Alternate Symbol(s): MXGFF

Utilities Utilities - Independent Power Producers

Maxim Power Corp. is a Canada-based independent power producer, which is focused entirely on power projects in Alberta. The Company acquires or develops, owns and operates power and power related projects in Alberta. The Company’s core asset is the 300-megawatt (MW) H.R. Milner Plant, M2, in Grande Cache, AB, which is a combined cycle gas-fired power plant. It also explores additional development options in Alberta, including its permitted gas-fired generation project and the permitting of its wind power generation project. The Combined Cycle Gas Turbine (CCGT) expansion of M2 captures waste heat that would otherwise exhaust into the atmosphere and converts it into low carbon dispatchable electricity for the Alberta power grid. In total, it has about 600 MW of natural gas and wind development projects at various stages. Summit Coal LP is a wholly owned subsidiary of the Company that owns metallurgical coal leases for Mine 14 and Mine 16S located north of Grande Cache, Alberta.

TSX:MXG - Post by User

Maxim Power Corp > Alberta Electricity 30-day rolling average $195.99/MW

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Comment by dpunt32on Aug 25, 2022 7:36pm

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Post# 34921302

RE:RE:RE:Alberta Electricity 30-day rolling average $195.99/MW

hi Kiln, agreed i purposely understated numbers, I think given its illiquid nobody is paying attention, maybe after blowout q3 more will take notice...the large shareholders are smart guys who know how to maximize shareholder value...on the dividend I would think they would wait until the new expansion is out of way and then it can be tabled...one of cheaper things out there

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