Atlantic Power & Infrastructure Corp. (AWSL)

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Record Quarters for Ontario subsidiary

The Company is pleased to report that in quarters two and three of 2011 its Ontario subsidiary, Atlantic Solar Inc. (ASI), processed more CAE solar projects from its pipeline than in any similar prior period since the inception of the OPA FiT Program. ASI had always remained optimistic that more OPA contract offers would be offered at the current tariff rates and is more so given the recent electoral results.

Atlantic CEO, Mr. Gilles Trahan comments: "Atlantic submitted over 11 megawatts of additional CAE solar project applications to the OPA during this short period of time and has prepared another 10 megawatts of applications now ready for submission." Mr. Trahan continued, "Since the restructuring of the organization last May the Company not only increased its processing speed but did so under a significantly reduced cost structure, greatly improving the Corporation's bottom line."