Maxim Power Corp. to receive $20 million Grant Funding for Waste Heat Recovery on Milner 2 CCGT Expansion Project
CALGARY, ALBERTA – Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG), through a wholly-owned subsidiary, to receive $20 million grant funding (the “Grant”) for waste heat recovery on the Milner 2 (“M2”) Combined Cycle Gas Turbine (“CCGT”) expansion project, and provides updates on its normal course issuer bid (“NCIB”) program and senior credit facility.