Maxim Power Corp. Receives Approval for Milner Expansion and Provides Results of ISO New England’s Forward Capacity Auction No. 9
Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) announced today that the Alberta Utilities Commission (“AUC”) issued Decision 3420-D01-2015 approving MAXIM’s application to construct and operate the Milner Expansion Project (“M3”). M3 is an 86 megawatt (MW) natural gas-fired cogeneration power plant to be located adjacent to MAXIM’s existing HR Milner Generating Station (“M1”), approximately 20 kilometres north of the town of Grande Cache, Alberta.