Maxim Power Corp.
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- Maxim Power Corp. (TSX: MXG) is a Canada-based independent power producer focused on the acquisition, development, ownership, and operation of environmentally responsible power generation facilities primarily in Alberta. The company operates its core asset, the 300 MW H.R. Milner Plant (M2), a state-of-the-art combined cycle natural gas-fired power plant located in Grande Cache, Alberta, which commissioned in the fourth quarter of 2023; the 6.5 MW Gold Creek Heat Recovery Generating Facility near Grande Prairie, Alberta; and holds coal leases through its wholly owned subsidiary Summit Coal Inc. Maxim Power Corp. continues to pursue additional development opportunities in Alberta, including a permitted gas-fired generation project and a wind power generation project under permitting. Founded in 1993 and headquartered in Calgary, Alberta, the company serves the Alberta power market with no significant operations outside the province. In November 2025, Maxim Power Corp. announced a partial settlement of its previously disclosed claim related to a 2022 non-injury fire at the M2 air inlet filter house, resulting in approximately $6.5 million in net proceeds expected in the fourth quarter of 2025, and continues to pursue claims against remaining third parties; earlier in 2025, the Toronto Stock Exchange accepted its normal course issuer bid for share repurchases.
Maxim Power Corp. Announces Annual General Meeting Election Results
Maxim Power Corp. (MXG:CA) M&A Call Prepared Remarks Transcript
Maxim Power Corp. Announces 2026 First Quarter Financial and Operating Results
Maxim Power Corp. Announces 2025 Fourth Quarter Financial and Operating Results
Maxim Power Corp. Announces Partial Settlement of Claim for Compensation Resulting in $6.5 million of Proceeds
Maxim Power Corp. Announces 2025 Third Quarter Financial and Operating Results
Maxim Power Corp. Announces 2025 Second Quarter Financial and Operating Results
Maxim Power Corp. Announces Annual General and Special Meeting Election Results
Maxim Power Corp. Announces 2025 First Quarter Financial and Operating Results
Maxim Power Corp. Announces that it has Closed the Sale of Summit Coal
Maxim Power Corp. Reports 2024 Financial and Operating Results with Revenue of $101 million and Record Annual Generation from M2
Maxim Power Corp. Receives Notice from Valory Resources Inc. to Exercise the Option to Purchase Summit Coal
Maxim Power: Alberta Power Producer Trading At Deep Discount To Replacement Value
M. Bruce Chernoff Updates Early Warning Reporting in Respect of Maxim Power Corp.
W. Brett Wilson Updates Early Warning Reporting in Respect of Maxim Power Corp.
Maxim Power Corp. Declares a Special Dividend of $0.50 per Share and Announces 2024 Third Quarter Financial and Operating Results, Amendment of the Senior Credit Facility, and Conversion and Termination of the Convertible Loan Facility
Maxim Power Corp. Announces Voluntary Repayment of Senior Credit Facility
Maxim Power Corp. Announces TSX Acceptance of Normal Course Issuer Bid
Maxim Power Corp. Announces 2024 Second Quarter Financial and Operating Results
Maxim Power Corp. Announces Board of Directors Election Results and M2 CCGT Operations Update