Atlantic Power Corporation Announces Dates for Second Quarter 2020 Results and Conference Call

Rhea-AI Summary

Atlantic Power Corporation (NYSE: AT) will release its financial results for Q2 2020 on August 6, 2020, after market close. A conference call for investors and analysts is scheduled for August 7, 2020, at 11:00 AM ET. During the call, management will provide remarks and answer questions. Atlantic Power owns power generation assets across 11 U.S. states and 2 Canadian provinces, primarily operating under long-term contracts. The company emphasizes risk management through hedging and contract provisions to minimize exposure to commodity price fluctuations.

Positive

• Scheduled release of Q2 2020 financial results may lead to increased investor interest.
• Management will address queries, providing transparency to investors.
• Diverse portfolio of power generation assets reduces risk exposure.

Negative

• No specific financial metrics or results were disclosed in the PR, leading to uncertainty.
• Long-term contracts expiring from 2020 to 2043 could expose the company to potential revenue risks.

DEDHAM, Mass., July 17, 2020 /PRNewswire/ -- Atlantic Power Corporation (NYSE: AT) (TSX: ATP) ("Atlantic Power" or the "Company") plans to release its financial results for the three months ended June 30, 2020 after the market closes on the afternoon of Thursday, August 6, 2020. A telephone conference call and webcast hosted by Atlantic Power's management team will be held on Friday, August 7 at 11:00 AM ET. Management's prepared remarks and the accompanying presentation for the conference call will be posted on the Conference Calls page of the Company's website (www.atlanticpower.com) on the evening of August 6. During the conference call, management will present brief prepared remarks with the majority of the time allocated to addressing questions from analysts and investors.    

Conference Call / Webcast Information:

Date:  Friday, August 7, 2020 
Start Time:  11:00 AM ET
Phone Numbers: 
U.S. (Toll Free):  1-855-239-3193
Canada (Toll Free):  1-855-669-9657
International (Toll):  1-412-542-4129
Conference Access:  Please request access to the Atlantic Power conference call.
Webcast:  The call will be broadcast over Atlantic Power's website at www.atlanticpower.com.

Replay / Archive Information:

Replay:  Access conference call number 10146289 at the following telephone numbers: 
U.S. (Toll Free):  1-877-344-7529
Canada (Toll Free):  1-855-669-9658
International (Toll):  1-412-317-0088
The replay will be available one hour after the end of the conference call through September 7, 2020 at 11:59 PM ET.     
Webcast archive:  The conference call will be archived on Atlantic Power's website at www.atlanticpower.com for a period of 12 months. 

About Atlantic Power

Atlantic Power is an independent power producer that owns power generation assets in eleven states in the United States and two provinces in Canada. The Company's generation projects sell electricity and steam to investment-grade utilities and other creditworthy large customers predominantly under long–term PPAs that have expiration dates ranging from 2020 to 2043. The Company seeks to minimize its exposure to commodity prices through provisions in the contracts, fuel supply agreements and hedging arrangements. The projects are diversified by geography, fuel type, technology, dispatch profile and offtaker (customer). Approximately 75% of the projects in operation are 100% owned and directly operated and maintained by the Company. The Company has expertise in operating most fuel types, including gas, hydro, and biomass, and it owns a 40% interest in one coal project. 

Atlantic Power's shares trade on the New York Stock Exchange under the symbol AT and on the Toronto Stock Exchange under the symbol ATP. For more information, please visit the Company's website at www.atlanticpower.com or contact:

Atlantic Power Corporation 
Investor Relations
(617) 977-2700 
info@atlanticpower.com

Copies of the Company's financial data and other publicly filed documents are available on SEDAR at www.sedar.com or on EDGAR at www.sec.gov/edgar.shtml under "Atlantic Power Corporation" or on the Company's website.

View original content:http://www.prnewswire.com/news-releases/atlantic-power-corporation-announces-dates-for-second-quarter-2020-results-and-conference-call-301095211.html

SOURCE Atlantic Power Corporation

FAQ

What is the date for Atlantic Power's Q2 2020 financial results release?

Atlantic Power will release its Q2 2020 financial results on August 6, 2020.

When is the Atlantic Power conference call for Q2 2020 results?

The conference call is scheduled for August 7, 2020, at 11:00 AM ET.

How can I access Atlantic Power's conference call?

You can access it via toll-free numbers or through the webcast on Atlantic Power's website.

What segments of the market does Atlantic Power operate in?

Atlantic Power operates as an independent power producer with assets in 11 U.S. states and 2 Canadian provinces.

What is Atlantic Power's strategy for managing commodity price risks?

The company minimizes exposure through long-term contracts, fuel supply agreements, and hedging arrangements.