Atlantic Power is a holding company. Through its subsidiaries, Co. is an independent power producer that owns power generation assets in the U.S. and Canada. Co.'s power generation projects sell electricity to utilities and other customers under long-term power purchase agreements (PPAs). Co. sells the majority of the capacity and energy from its power generation projects under PPAs to a variety of utilities and other parties. Co. operates and maintains the majority of its power generation projects. Co. also partners with providers in the independent power industry to operate and maintain its other projects, including CMS Energy Corporation, Heorot Power Management LLC and Purenergy LLC.

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