News Releases


June 2, 2016 - News

Maxim Power Corp. Announces Interim Chief Executive Officer

Maxim Power Corp. announced today that Mr. John R. Bobenic is no longer serving as Chief Executive Officer of the Corporation.


May 12, 2016 - News

Maxim Power Corp. Announces 2016 First Quarter Financial and Operating Results

Maxim Power Corp. announced today the release of financial and operating results for the first quarter ended March 31, 2016.


March 28, 2016 - News

Maxim Power Corp. Announces 2015 Financial and Operating Results

Maxim Power Corp. (TSX:MXG) (“MAXIM” or the “Corporation”) announced today the release of financial and operating results for the fourth quarter ended and year ended December 31, 2015.


December 16, 2015 - News

Maxim Power Corp. Provides Guidance on Alberta Utilities Commission’s Loss Factor Decision

Maxim Power Corp. announced today that it has quantified the anticipated impact of the Alberta Utilities Commission (“AUC”) decision no. 790-D03-2015 pertaining to Module B of Phase 2 of Milner Power Inc.’s (“Milner”) complaint (“Complaint”) against the Alberta Electric System Operator’s (“AESO”) Line Loss Rule (“Rule”).


November 27, 2015 - News

Maxim Power Corp. Receives Alberta Utilities Commission’s Loss Factor Decision and Environmental Approval for the Milner Expansion Project

Maxim Power Corp. announced today that the Alberta Utilities Commission (“AUC”) has rendered its decision on Module B of Phase 2 of Milner Power Inc.’s (“Milner”) complaint (“Complaint”) against the Alberta Electric System Operator’s (“AESO”) Line Loss Rule (AUC Decision No. 790-D03-2015)


November 23, 2015 - News

Maxim Power Corp. and the Government of Alberta’s Climate Leadership Plan

Maxim Power Corp. today commented on the Government of Alberta’s Climate Leadership Plan. Among other things, the Province is moving forward on phasing out coal-fired electricity generation by 2030 and encouraging more renewable energy.


November 6, 2015 - News

Maxim Power Corp. Announces 2015 Third Quarter Financial and Operating Results

Maxim Power Corp. announced today the release of financial and operating results for the third quarter ended September 30, 2015.


August 6, 2015 - News

Maxim Power Corp. Announces 2015 Second Quarter Financial and Operating Results

Maxim Power Corp. announced today the release of financial and operating results for the second quarter ended June 30, 2015.


June 10, 2015 - News

Maxim Power Corp. Announces HR Milner Generating Station Cost Reductions

Maxim Power Corp. announced today cost reductions at its HR Milner Generating Station (“M1”). These reductions enable M1 to be profitable during lower priced hours, improve M1’s competitiveness across all dispatch hours, and provide for greater returns for the Corporation over the long term. The key components of these reductions are outlined below.


May 5, 2015 - News

Maxim Power Corp. Announces 2015 First Quarter Financial and Operating Results

Maxim Power Corp. announced today the release of financial and operating results for the first quarter ended March 31, 2015.