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.

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Maxim Power Corp

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Post by tinkvidon Jan 06, 2025 9:23am

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Post# 36390155

RE:RE:Take Private Math - Just for Fun

https://www.stalbertgazette.com/local-news/what-are-albertas-contractual-obligations-to-coal-companies-10027425

From the article-

There are currently four coal mining projects the province considers advanced: Northback Holdings’ Grassy Mountain coal project, the Tent Mountain Mine, the Vista Mine, and Maxim Power’s Mine 14 near Grande Cache.

My guess is Valory completes the option to purchase and Maxim Power takes the proceeds from the sale of Summit Coal to develop their Prairie Lights project and then comes their Wind project, unless Maxim Power gets swallowed up via take out.

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