Document:

Exhibit 4.16

 

SIXTH SUPPLEMENTAL INDENTURE

 

THIS SIXTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of January 29, 2013, by and among each of the entities set forth on Schedule 1 attached hereto (each, a “New Guarantor” and, collectively, the “New Guarantors”), Atlantic Power Corporation, a British Columbia corporation (“Atlantic Power”), the Guarantors (the “Existing Guarantors”) under the Indenture referred to below, and Wilmington Trust, National Association, as trustee under the Indenture referred to below (the “Trustee”).

 

WITNESSETH:

 

WHEREAS, Atlantic Power has heretofore executed and delivered to the Trustee an Indenture (together with any amendment, supplement or modification thereto, the “Indenture”), dated as of November 4, 2011, providing for the issuance of its 9% Senior Notes due 2018, Series A (the “Series A Notes”) and its 9% Senior Notes, due 2018, Series B, (the “Series B Notes” and, together with the Series A Notes, the “Notes”);

 

WHEREAS, Atlantic Ridgeline Holdings, LLC, a Delaware limited liability company and a wholly-owned indirect subsidiary of Atlantic Power, has acquired the New Guarantors;

 

WHEREAS, under certain circumstances Atlantic Power is required (or permitted) to cause the New Guarantors to execute and deliver to the Trustee a supplemental indenture pursuant to which each New Guarantor shall unconditionally guarantee all of Atlantic Power’s obligations under the Notes pursuant to a Guarantee on the terms and conditions set forth herein; and

 

WHEREAS, pursuant to Section 8.01 of the Indenture, the Trustee, Atlantic Power and the Existing Guarantors are authorized to execute and deliver this Supplemental Indenture;

 

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the New Guarantors, Atlantic Power, the Existing Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders as follows:

 

1.                                      Definitions.

 

(a)                                 Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 

(b)                                 For all purposes of this Supplemental Indenture, except as otherwise herein expressly provided or unless the context otherwise requires: (i) the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Indenture; and (ii) the words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

 

2.                                      Agreement to Guarantee. Each New Guarantor hereby agrees, jointly and severally with all other Guarantors, to guarantee Atlantic Power’s obligations under the Notes and the Indenture on the terms and subject to the conditions set forth in Article 10 of the Indenture and to be bound by all other applicable provisions of the Indenture. From and after the date hereof, each New Guarantor shall be a Guarantor for all purposes under the Indenture and the Notes.

 

 

3.                                      Ratification of Indenture; Supplemental Indentures Part of Indenture.  Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder heretofore or hereafter authenticated and delivered shall be bound hereby.

 

4.                                      Governing Law.  THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK (INCLUDING, WITHOUT LIMITATION, SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW OR ANY SUCCESSOR STATUTE). EACH OF THE PARTIES HERETO AGREES TO SUBMIT TO THE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE.

 

5.                                      Trustee Makes No Representation. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by Atlantic Power.

 

6.                                      Multiple Counterparts.  The parties may sign multiple counterparts of this Supplemental Indenture. Each signed counterpart shall be deemed an original, but all of them together represent one and the same agreement.

 

7.                                      Headings. The headings of this Supplemental Indenture have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof.

 

[Signature Pages Follow]

 

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IN WITNESS WHEREOF, the parties have caused this Supplemental Indenture to be duly executed all as of the date and year first written above.

 

 

	
 
    	
ATLANTIC   POWER CORPORATION
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Barry E. Welch
    
	
 
    	
 
    	
Name:   Barry E. Welch
    
	
 
    	
 
    	
Title:   President and Chief Executive Officer
    

 

Signature Page to Sixth Supplemental Indenture

 

 

	
 
    	
EXISTING   GUARANTORS
    
	
 
    	
 
    
	
 
    	
ATLANTIC   AUBURNDALE, LLC
    
	
 
    	
ATLANTIC   IDAHO WIND C, LLC
    
	
 
    	
ATLANTIC   IDAHO WIND HOLDINGS, LLC
    
	
 
    	
ATLANTIC   OKLAHOMA WIND, LLC
    
	
 
    	
ATLANTIC   POWER CORPORATION
    
	
 
    	
ATLANTIC   POWER GENERATION, INC.
    
	
 
    	
ATLANTIC   POWER GP INC.
    
	
 
    	
ATLANTIC   POWER HOLDINGS, INC.
    
	
 
    	
ATLANTIC   POWER SERVICES CANADA GP INC.
    
	
 
    	
ATLANTIC   POWER SERVICES CANADA LP
    
	
 
    	
By:   Atlantic Power Services Canada GP Inc., its General Partner
    
	
 
    	
ATLANTIC   POWER TRANSMISSION, INC.
    
	
 
    	
ATLANTIC   RENEWABLES HOLDINGS, LLC
    
	
 
    	
ATLANTIC   ROCKLAND HOLDINGS, LLC
    
	
 
    	
ATLANTIC   RIDGELINE HOLDINGS, LLC
    
	
 
    	
AUBURNDALE   GP, LLC
    
	
 
    	
By:   Auburndale LP LLC, its Sole Member
    
	
 
    	
By: Atlantic Auburndale, LLC, its Sole Member
    
	
 
    	
AUBURNDALE   LP, LLC
    
	
 
    	
By:   Atlantic Auburndale, LLC, its Sole Member
    
	
 
    	
BAKER   LAKE HYDRO LLC
    
	
 
    	
DADE   INVESTMENT, L.P.
    
	
 
    	
By:   NCP Dade Power LLC, its General Partner
    
	
 
    	
EPSILON   POWER FUNDING, LLC
    
	
 
    	
HARBOR   CAPITAL HOLDINGS, LLC
    
	
 
    	
By:   Atlantic Power Holdings, Inc., its Sole Member
    
	
 
    	
LAKE   INVESTMENT, L.P.
    
	
 
    	
By:   NCP Lake Power LLC, its General Partner
    
	
 
    	
By: Teton East Coast Generation LLC, its Sole   Member
    
	
 
    	
NCP   DADE POWER LLC
    
	
 
    	
NCP   GEM LLC
    
	
 
    	
By:   Teton East Coast Generation LLC, its Sole Member
    
	
 
    	
NCP   LAKE POWER LLC
    
	
 
    	
By:   Teton East Coast Generation LLC, its Sole Member
    
	
 
    	
NCP PASCO LLC
    
	
 
    	
OLYMPIA HYDRO LLC
    
	
 
    	
TETON   EAST COAST GENERATION LLC
    
	
 
    	
TETON   NEW LAKE, LLC
    
	
 
    	
TETON   POWER FUNDING, LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/  Barry E. Welch
    
	
 
    	
Name:
    	
Barry   E. Welch
    
	
 
    	
Title:
    	
Authorized   officer of each entity identified above
    

 

Signature Page to Sixth Supplemental Indenture

 

 

	
 
    	
NEW   GUARANTORS:
    
	
 
    	
 
    
	
 
    	
PAH   RAH HOLDING COMPANY LLC
    
	
 
    	
RIDGELINE   EASTERN ENERGY LLC
    
	
 
    	
RIDGELINE   ENERGY SOLAR, LLC
    
	
 
    	
RIDGELINE   ENERGY HOLDINGS, INC.
    
	
 
    	
RIDGELINE   ENERGY LLC
    
	
 
    	
LEWIS   RANCH WIND PROJECT LLC
    
	
 
    	
HURRICANE   WIND, LLC
    
	
 
    	
RIDGELINE   POWER SERVICES LLC
    
	
 
    	
RIDGELINE   ALTERNATIVE ENERGY, LLC
    
	
 
    	
FRONTIER   SOLAR LLC
    
	
 
    	
PAH   RAH PROJECT COMPANY LLC
    
	
 
    	
MONTICELLO   HILLS WIND LLC
    
	
 
    	
DRY   LOTS WIND LLC
    
	
 
    	
SMOKEY   AVENUE WIND LLC
    
	
 
    	
SAUNDERS   BROS. TRANSPORTATION CORPORATION
    
	
 
    	
BRUCE   HILL WIND LLC
    
	
 
    	
SOUTH   MOUNTAIN WIND LLC
    
	
 
    	
GREAT   BASIN SOLAR RANCH LLC
    
	
 
    	
GOSHEN   WIND HOLDINGS LLC
    
	
 
    	
MEADOW   CREEK HOLDINGS LLC
    
	
 
    	
RIDGELINE   HOLDINGS JUNIOR INC.
    
	
 
    	
ROCKLAND   WIND RIDGELINE HOLDINGS LLC
    
	
 
    	
MEADOW   CREEK INTERMEDIATE HOLDINGS LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/  Barry E. Welch
    
	
 
    	
Name:
    	
Barry   E. Welch
    
	
 
    	
Title:
    	
Authorized   officer of each entity identified above
    

 

Signature Page to Sixth Supplemental Indenture

 

 

	
 
    	
WILMINGTON   TRUST, NATIONAL
    
	
 
    	
ASSOCIATION, as Trustee
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/  Joseph P. O’Donnell
    
	
 
    	
 
    	
Name:   Joseph P. O’Donnell
    
	
 
    	
 
    	
Title:   Vice President 
    

 

Signature Page to Sixth Supplemental Indenture

 

 

Schedule 1

 

New Guarantors

 

	
PAH   RAH HOLDING COMPANY LLC
    
	
RIDGELINE   EASTERN ENERGY LLC
    
	
RIDGELINE   ENERGY SOLAR LLC
    
	
RIDGELINE   ENERGY HOLDINGS, INC.
    
	
RIDGELINE   ENERGY LLC
    
	
LEWIS   RANCH WIND PROJECT LLC
    
	
HURRICANE   WIND LLC
    
	
RIDGELINE   POWER SERVICES LLC
    
	
RIDGELINE   ALTERNATIVE ENERGY LLC
    
	
FRONTIER   SOLAR LLC
    
	
PAH   RAH PROJECT COMPANY LLC
    
	
MONTICELLO   HILLS WIND LLC
    
	
DRY   LOTS WIND LLC
    
	
SMOKEY   AVENUE WIND LLC
    
	
SAUNDERS   BROS. TRANSPORTATION CORPORATION
    
	
BRUCE   HILL WIND LLC
    
	
SOUTH   MOUNTAIN WIND LLC
    
	
GREAT   BASIN SOLAR RANCH LLC
    
	
GOSHEN   WIND HOLDINGS LLC
    
	
MEADOW   CREEK HOLDINGS LLC
    
	
RIDGELINE   HOLDINGS JUNIOR INC.
    
	
ROCKLAND   WIND RIDGELINE HOLDINGS LLC
    
	
MEADOW   CREEK INTERMEDIATE HOLDINGS LLCExhibit 10.3

 

CONSENT AND RELEASE

 

THIS CONSENT AND RELEASE, dated as of January 15, 2013 (this “Consent”), is among Atlantic Power Corporation, a corporation continued under the laws of the Province of British Columbia (“APC”), Atlantic Power Generation, Inc., a Delaware corporation (“APG”) and Atlantic Power Transmission, Inc., a Delaware corporation (“APT”, together with APG and APC, each individually a “Borrower” and collectively, the “Borrowers”), each of the Subsidiaries signatory hereto, each of the Lenders signatory hereto, Bank of Montreal, in its capacity as administrative agent (“Administrative Agent”) under the Credit Agreement described below, and Bank of Montreal, in its capacity as collateral agent (“Collateral Agent”) under the Intercreditor Agreement described below.

 

W I T N E S S E T H

 

WHEREAS, the Borrowers, the Administrative Agent, and the lenders from time to time party thereto (each a “Lender”) are parties to that certain Credit Agreement, dated as of November 4, 2011 (as amended, supplemented or modified from time to time prior to the date hereof, the “Credit Agreement”);

 

WHEREAS, various Subsidiaries of the Borrowers have proposed to sell all of the Capital Stock of each of Auburndale Power Partners, L.P., Lake CoGen, Ltd. and Pasco CoGen, Ltd. (collectively, the “Florida Projects”) to one or more Affiliates of Quantum Energy Partners for an aggregate purchase price of approximately $122,000,000 (the “Florida Project Sale”);

 

WHEREAS, under Section 7.04 of the Credit Agreement, the Florida Project Sale is not permitted;

 

WHEREAS, the Borrowers have requested that the Required Lenders consent to the Florida Project Sale, notwithstanding that the Florida Project Sale is not permitted under Section 7.04 of the Credit Agreement

 

WHEREAS, upon the consummation of the Florida Project Sale, the Borrowers have requested that the Lenders and the Administrative Agent consent to the release of each of the following Subsidiaries that constitute the sellers of the Florida Projects, and certain other Subsidiaries that own such selling Subsidiaries:  NCP Lake Power LLC, Lake Investment L.P., Teton New Lake LLC, NCP Gem, LLC, Dade Investment, L.P., NCP Dade Power LLC, NCP Pasco, LLC, Auburndale GP, LLC, Auburndale LP, LLC and Atlantic Auburndale, LLC (each a “Released Guarantor” and collectively, the “Released Guarantors”) from their respective guaranties provided pursuant to the Amended and Restated Guaranty given by the Guarantors party thereto in favor of the Administrative Agent dated as of November 4, 2011 (as amended, restated, supplemented, or otherwise modified before the date hereof, the “Guaranty”), and without the prior written consent of the Required Lenders and the Administrative Agent, the release of the Released Guarantors’ Guaranty is not permitted under Section 6.14(c) of the Credit Agreement;

 

WHEREAS, upon the consummation of the Florida Project Sale, the Borrowers have requested that the Collateral Agent, the Lenders and the Administrative Agent consent to the

 

 

following releases (collectively, the “Lake Pledge Releases”) of security interests in the Capital Stock of (a) NCP Gem, LLC pledged by Teton East Coast Generation LLC, (b) Teton New Lake, LLC pledged by Teton East Coast Generation LLC, (c) NCP Lake Power, LLC pledged by Teton East Coast Generation LLC, (d) Lake Investment, L.P. pledged by NCP Gem, LLC, (e) Lake Investment, L.P. pledged by NCP Lake Power, LLC, (f) Lake CoGen, Ltd. pledged by NCP Lake Power, LLC, (g) Lake CoGen, Ltd. pledged by Lake Investment, L.P., and (h) Lake CoGen, Ltd. pledged by Teton New Lake, LLC, in each case, all such Capital Stock having been pledged pursuant to the Amended and Restated Pledge Agreement and Irrevocable Proxy dated as of November 4, 2011 (as amended, restated, supplemented, or otherwise modified before the date hereof, the “A&R Pledge Agreement”) made by each of the pledgors party thereto in favor of the Collateral Agent or the Pledge Agreement and Irrevocable Proxy dated as of November 4, 2011 (as amended, restated, supplemented, or otherwise modified before the date hereof, the “Pledge Agreement”) made by each of pledgors party thereto in favor of the Collateral Agent, as applicable;

 

WHEREAS, upon the consummation of the Florida Project Sale, the Borrowers have requested that the Collateral Agent, the Lenders and the Administrative Agent consent to the following releases (collectively, the “Pasco Pledge Releases”) of security interests in the Capital Stock of (a) NCP Pasco, LLC pledged by Teton East Coast Generation LLC, (b) NCP Dade Power, LLC pledged by Teton East Coast Generation LLC, (c) Dade Investment, L.P. pledged by NCP Dade Power, LLC, (d) Dade Investment, L.P. pledged by NCP Pasco, LLC, (e) Pasco CoGen, Ltd. pledged by Dade Investment, L.P. and (f) Pasco CoGen, Ltd. pledged by NCP Dade Power LLC, in each case, all such Capital Stock having been pledged pursuant to the A&R Pledge Agreement or the Pledge Agreement, as applicable;

 

WHEREAS, upon the consummation of the Florida Project Sale, the Borrowers have requested that the Collateral Agent, the Lenders and the Administrative Agent consent to the following releases (collectively, the “Auburndale Pledge Releases” and together with the Lake Pledge Releases and the Pasco Pledge Releases, collectively, the “Pledge Releases”) of security interests in the Capital Stock of (a) Atlantic Auburndale, LLC pledged by Harbor Capital Holdings, LLC, (b) Auburndale LP, LLC pledged by Atlantic Auburndale, LLC, and (c) Auburndale GP, LLC, pledged by Auburndale LP, LLC, in each case, all such Capital Stock having been pledged pursuant to the A&R Pledge Agreement or the Pledge Agreement, as applicable;

 

WHEREAS, the Pledged Releases are not permitted without the prior written consent of (a) the Required Lenders under Section 6.13 of the Credit Agreement, and (b) with respect to the Capital Stock of those Subsidiaries pledged under the A&R Pledge Agreement, the Administrative Agent and the Convertible Trustee (as defined below) under Section 2(b) of the Third Amended and Restated Collateral Agency and Intercreditor Agreement dated as of November 4, 2011 (as amended, restated, supplemented, or otherwise modified before the date hereof, the “Intercreditor Agreement”), between the Administrative Agent, the Collateral Agent and Computershare Trust Company Of Canada, as “Trustee” for the holders of the Convertible Debentures issued under the Convertible Indenture described therein (in such capacity, the “Convertible Trustee”);

 

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WHEREAS, under the Credit Agreement, AP Onondaga, LLC (“AP Onondaga”) is required to execute a Guaranty or a joinder agreement to the Guaranty no later than January 15, 2013 to the extent that the Capital Stock of Onondaga Renewables, LLC (“Onondaga Renewables”) was not sold on or prior to December 31, 2012; and

 

WHEREAS, the Borrowers have requested that the Required Lenders consent to provide that AP Onondaga is not required to deliver a Guaranty or a joinder agreement to the Guaranty if AP Onondaga sells all of its Capital Stock in Onondaga Renewables or Onondaga Renewables sells substantially all of its assets, in either case, on or prior to March 31, 2013 (the “AP Onondaga Guaranty Extension”).

 

NOW, THEREFORE, the parties hereto hereby agree as follows:

 

1.             DEFINITIONS.  Unless otherwise defined herein or the context otherwise requires, terms used in this Consent, including its preamble and recitals, shall have the meanings provided in the Credit Agreement.

 

2.                                      CONSENT.  Subject to the satisfaction of the conditions set forth in Section 6 of this Consent and to the other terms and provisions of this Consent:

 

2.1.                            The Required Lenders hereby consent to the Florida Project Sale; provided that (a) the Net Proceeds received in connection with the Florida Project Sale shall be applied to reduce all outstanding Loans (in an aggregate principal amount up to $67,000,000 including any principal repayments made under Section 2.3) upon the consummation of the Florida Project Sale, or in the event that such repayment would result in a requirement of the Borrowers to make payments under Section 3.05(a) of the Credit Agreement, such Net Proceeds shall be reserved in an account with the Administrative Agent and shall be applied to repay such outstanding Loans on the last day of each applicable Interest Period for such Loans, (b) following the consummation of the Florida Project Sale and until the dissolution or liquidation of the Released Guarantors in compliance with Section 7.04 of the Credit Agreement, none of the Released Guarantors shall hold any assets other than as necessary to maintain its existence and for matters incidental thereto; and (c) the Florida Project Sale shall be consummated on or before June 30, 2013, or such later date as the Administrative Agent may agree in writing in its sole discretion if consents or approvals to the Florida Project Sale required from any Governmental Authority or any counterparty to any material project document have not been obtained on or prior to June 30, 2013.

 

2.2.                            The Required Lenders hereby consent to the AP Onondaga Guaranty Extension; provided that (a) if AP Onondaga has not Disposed of all of its Capital Stock in Onondaga Renewables or (b) if Onondaga Renewables has not Disposed of substantially all of its assets, in either case, on or before March 31, 2013, AP Onondaga shall be required to deliver a Guaranty or a joinder agreement to the Guaranty in form and substance satisfactory to the Administrative Agent within 10 Business Days of March 31, 2013.

 

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2.3.                            The consents set forth in Sections 2.1 and 2.2 are limited to the extent described herein and shall not be construed to be a permanent waiver of any terms, provisions, covenants, warranties or agreements in the Credit Agreement or in any of the other Loan Documents.  Failure by the Borrowers to comply with the terms and conditions of Section 2 of this Consent shall constitute an Event of Default.

 

3.                                      RELEASE.  Subject to the satisfaction of the conditions set forth in Section 6 of this Consent and to the other terms and provisions of this Consent:

 

3.1.                            The Administrative Agent and each of the Lenders signatory hereto hereby release each of the Released Guarantors, without representation or warranty, effective on the Effective Date, from all Obligations arising pursuant to the Guaranty, and agree that solely as to the Released Guarantors, the Guaranty is hereby terminated and of no further force and effect from and after the Effective Date.

 

3.2.                            The Required Lenders hereby (a) consent to the Pledge Releases under the A&R Pledge Agreement, (b) direct the Administrative Agent to instruct the Collateral Agent to release, and the Administrative Agent does hereby direct the Collateral Agent to release, and the Collateral Agent does hereby release, without representation or warranty, the security interest in the applicable Capital Stock pledged under the A&R Pledge Agreement that is included in the Pledge Releases, and (c) direct the Administrative Agent to direct the Collateral Agent to authorize the Borrower Agent, and the Administrative Agent does hereby direct the Collateral Agent to authorize the Borrower Agent, and the Collateral Agent does hereby authorize the Borrower Agent, to file Uniform Commercial Code Form UCC-3 amendments with respect to such Capital Stock as are reasonably acceptable to Administrative Agent to be filed in the UCC records for the applicable States of organization of the respective Pledged Interest Issuer to effect such partial release.

 

3.3.                            The Required Lenders hereby (a) consent to the Pledge Releases under the Pledge Agreement, (b) direct the Administrative Agent to instruct the Collateral Agent to release, and the Administrative Agent does hereby direct the Collateral Agent to release, and the Collateral Agent does hereby release, without representation or warranty, the security interest in the Capital Stock pledged under the Pledge Agreement that is included in the Pledge Releases, and (c) direct the Administrative Agent to direct the Collateral Agent to authorize the Borrower Agent, and the Administrative Agent does hereby direct the Collateral Agent to authorize the Borrower Agent, and the Collateral Agent does hereby authorize the Borrower Agent, to file Uniform Commercial Code Form UCC-3 amendments as are reasonably acceptable to Administrative Agent with respect to such Capital Stock to be filed in the UCC records for the applicable States of organization of the respective Pledged Interest Issuer to effect such partial release.

 

4.                                      PLEDGE AGREEMENT AMENDMENT.

 

4.1.                            Each of the Administrative Agent, the Borrowers and each of the Subsidiaries signatory hereto that are party to the Pledge Agreement agree that upon the Effective Date, Attachment 1 and Attachment 2 to the Pledge Agreement are hereby

 

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amended in their entirety to read as set forth in Exhibits 1 and 2 to this Consent, respectively; provided, however, that the parties hereby agree that if any other Person whose Capital Stock is pledged is added or removed from Attachment 1 or Attachment 2 after the date hereof and prior to the Effective Date pursuant to and in accordance with the terms of the Loan Documents (each, a “Pledge Modification”), that the Administrative Agent and the Borrower Agent are authorized and directed to reflect such Pledge Modification.  The Borrowers and each of the Subsidiaries signatory hereto that are party to the Pledge Agreement agree that after giving effect to this Consent, each of the attachments to the Pledge Agreement is true, correct and complete as of the Effective Date, subject to the effect of any Pledge Modification.

 

4.2.                            Each of the Collateral Agent, APC, APG and each of the Subsidiaries signatory hereto that are party to the A&R Pledge Agreement agree that Attachment 1 to the A&R Pledge Agreement is hereby amended in its entirety to read as set forth in Exhibit 3 to this Consent, subject to any Pledge Modification.  APC, APG and each of the Subsidiaries signatory hereto that are party to the A&R Pledge Agreement agree that after giving effect to this Consent and any Pledge Modification, each of the attachments to the A&R Pledge Agreement is true, correct and complete as of the Effective Date.

 

5.                                      REPRESENTATIONS AND WARRANTIES AND COVENANTS.  To induce each of the Lenders and the Administrative Agent to enter into this Consent, each Borrower hereby reaffirms, as of the date hereof, its representations and warranties in Article V of the Credit Agreement, except (a) to the extent any such representation and warranty relates solely to an earlier date and (b) to the extent any facts included in such representation and warranty (including any Schedules related thereto) have changed in accordance with the terms of the Credit Agreement or this Consent, and additionally represents and warrants and covenants and agrees as follows:

 

5.1.                            Existence and Standing.  Such Borrower is a corporation, duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and has all requisite authority to conduct its business and is duly qualified or licensed to transact business as a foreign corporation and in good standing under the laws of each jurisdiction in which the conduct of its operations or the ownership or leasing of its properties requires such qualification or licensing, except where failure to be so qualified or licensed could not reasonably be expected to have a Material Adverse Effect.

 

5.2.                            No Conflict; Government Consent.  No order, consent, adjudication, approval, license, authorization, or validation of, or filing, recording or registration with, or exemption by, or other action in respect of any governmental or public body or authority, or any subdivision thereof, which has not been obtained by such Borrower, is required to be obtained in connection with the execution, delivery or performance of this Consent or the legality, validity, binding effect or enforceability of any of the Loan Documents, except, in each case, to the extent that the failure to obtain such order, consent, adjudication, approval, license, authorization, validation, exemption or other action or to make such filing, recording or registration could not reasonably be expected to have a Material Adverse Effect.

 

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5.3.                            Due Authorization, Non-Contravention, etc.  The execution, delivery and performance by such Borrower of this Consent and the performance by such Borrower of the Credit Agreement are within the corporate powers of such Borrower, have been duly authorized by all necessary corporate action, and do not (a) contravene such Borrower’s Organization Documents, including, without limitation, its articles or certificate of incorporation, bylaws or other similar Organization Documents (except as such, in the aggregate could not reasonably be expected to have a Material Adverse Effect), (b) contravene any contractual restriction, law or governmental regulation or court decree or order binding on or affecting such Borrower (except as such, in the aggregate could not reasonably be expected to have a Material Adverse Effect), (c) result in, or require the creation or imposition of, any Lien (other than Permitted Liens) on any Properties (each as defined in the Credit Agreement) of such Borrower (except as such, in the aggregate, could not reasonably be expected to have a Material Adverse Effect), or (d) contravene, result in or cause a breach of, or a default under, any material contract, promissory note, indenture or other similar agreement or instrument to which such Borrower or any Loan Party is a party or an obligor (except as such, in the aggregate could not reasonably be expected to have a Material Adverse Effect).

 

5.4.                            Validity, etc.  This Consent constitutes the legal, valid and binding obligations of such Borrower enforceable against such Borrower in accordance with their respective terms except as such enforceability is subject to the effect of (a) any applicable bankruptcy, insolvency, reorganization or similar law relating to or affecting creditors’ rights generally and (b) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law), including concepts of materiality, reasonableness, good faith and fair dealing.

 

6.                                      CONDITIONS PRECEDENT TO EFFECTIVENESS OF THIS CONSENT.  This Consent, including the consent set forth in Section 2 (other than the consent set forth in Section 2.2 which shall be effective on the date hereof upon delivery of the documents required under Section 6.1 below) and the releases set forth in Section 3, shall become effective (the “Effective Date”) upon the satisfaction of the following conditions precedent.

 

6.1.                            The Administrative Agent shall have received counterparts of this Consent executed and delivered on behalf of the Borrowers, the Administrative Agent and Lenders constituting the Required Lenders.

 

6.2.                            The Administrative Agent shall have received a certificate from an officer of APC certifying that true and complete copies of the agreement effecting the Florida Project Sale and all material documents delivered in connection therewith are attached thereto.

 

6.3.                            The Administrative Agent shall have received from the Convertible Trustee its written consent to the Pledge Releases under the A&R Pledge Agreement pursuant to Section 2(b) of the Intercreditor Agreement and the Collateral Agent shall have received from the Convertible Trustee its written direction pursuant to Section 2(e) of the Intercreditor Agreement (a) to amend the A&R Pledge Agreement on the terms set

 

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forth in Section 4.2 of this Consent and (b) to authorize the filing of corresponding Uniform Commercial Code Form UCC-3 amendments.

 

6.4.                            The Administrative Agent shall have received satisfactory evidence that all Letters of Credit issued in connection with any of the Florida Projects or on behalf of any of the Released Guarantors have been replaced and arrangements acceptable to the Agent have been established for the return of original versions of all such Letters of Credit on or prior to the Effective Date.

 

6.5.                            The Administrative Agent shall have received satisfactory evidence that all Swap Obligations to a Lender of any of the Borrowers, the Released Guarantors, the Florida Projects or any other Subsidiary of the Borrower made in connection with the Florida Projects, have been, or upon the consummation of the Florida Project Sale will be, irrevocably paid in full in cash, and all related Swap Contracts have been, or upon the consummation of the Florida Project Sale will be, terminated or novated on terms and conditions acceptable to the Administrative Agent.

 

6.6.                            The Administrative Agent shall have received such other agreements, certificates and other information as the Administrative Agent reasonably requires in advance in writing.

 

7.                                      GOVERNING LAW, SEVERABILITY, ETC.  THIS CONSENT SHALL BE DEEMED TO BE A CONTRACT MADE UNDER, GOVERNED BY, AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK AND THE LAWS OF THE UNITED STATES OF AMERICA, WITHOUT REGARD TO PRINCIPLES OF THE CONFLICTS OF LAW.  Whenever possible each provision of this Consent shall be interpreted so as to be effective and valid under applicable law, but if any provision of this Consent is prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Consent.

 

8.                                      RELEASE OF CLAIMS.  Each of the Borrowers and each Subsidiary signatory hereto, for itself and on behalf of its legal representatives, successors, and assigns, hereby (a) expressly waives, releases, and relinquishes the Collateral Agent, the Administrative Agent and each of the Lenders from any and all claims, offsets, defenses, affirmative defenses, and counterclaims of any kind or nature whatsoever that any of the Borrowers has asserted, or might assert, against the Collateral Agent, the Administrative Agent or the Lenders with respect to the Obligations, the Credit Agreement (including as affected by this Consent), and any other Loan Document, in each case arising on or before the date hereof, such waiver and release being with full knowledge and understanding of the circumstances and effect thereof, and (b) expressly covenants and agrees never to institute, cause to be instituted, or continue prosecution of any suit or other form of action or proceeding of any kind or nature whatsoever against the Collateral Agent, the Administrative Agent or the Lenders by reason of or in connection with any of the foregoing matters, claims, or causes of action which have arisen on or before the date hereof.

 

7

 

9.                                      MISCELLANEOUS.

 

9.1.                            Successors and Assigns.  This Consent shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns.

 

9.2.                            Counterparts.  This Consent may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

 

9.3.                            NO ORAL AGREEMENTS.  THIS WRITTEN CONSENT AND THE CREDIT AGREEMENT REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR OR CONTEMPORANEOUS ORAL AGREEMENTS OF THE PARTIES.

 

THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

 

8

 

IN WITNESS WHEREOF, the parties hereto have caused this Consent to be executed by their respective officers thereunto duly authorized as of the day and year first written above.

 

	
ATLANTIC   AUBURNDALE, LLC

ATLANTIC   IDAHO WIND C, LLC 

ATLANTIC   IDAHO WIND HOLDINGS, LLC

ATLANTIC   OKLAHOMA WIND, LLC

ATLANTIC   POWER CORPORATION

ATLANTIC   POWER GENERATION, INC.

ATLANTIC   POWER GP INC.

ATLANTIC   POWER HOLDINGS, INC.

ATLANTIC   POWER SERVICES CANADA GP INC.

ATLANTIC   POWER SERVICES CANADA LP

By: Atlantic Power Services Canada GP Inc., its General Partner

ATLANTIC   POWER TRANSMISSION, INC.

ATLANTIC   RENEWABLES HOLDINGS, LLC

ATLANTIC   ROCKLAND HOLDINGS, LLC

ATLANTIC   RIDGELINE HOLDINGS, LLC

AUBURNDALE   LP, LLC 

By: Atlantic Auburndale, LLC, its Sole Member

BAKER   LAKE HYDRO LLC 

DADE   INVESTMENT, L.P.

By: NCP Dade Power LLC, its General Partner
    	
 
    	
HARBOR   CAPITAL HOLDINGS, LLC 

By: Atlantic Power Holdings, Inc., its Sole   Member

LAKE   INVESTMENT, L.P.

By:  NCP   Lake Power LLC, its General Partner

By: Teton East Coast Generation LLC, its Sole   Member

NCP   DADE POWER LLC 

NCP   GEM LLC

By: Teton East Coast Generation LLC, its Sole   Member  

NCP   LAKE POWER LLC

By: Teton East Coast Generation LLC, its Sole   Member

NCP   PASCO LLC

OLYMPIA   HYDRO LLC 

TETON   EAST COAST GENERATION LLC

TETON   NEW LAKE, LLC 

TETON   POWER FUNDING, LLC 

PAH   RAH HOLDING COMPANY LLC

RIDGELINE   EASTERN ENERGY LLC

RIDGELINE   ENERGY SOLAR LLC

RIDGELINE   ENERGY LLC
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   Barry E. Welch
    
	
 
    	
Name:
    	
Barry   E. Welch
    
	
 
    	
Title:
    	
President   of each of the entities listed above
    

 

Consent and Release

 

S-1

 

	
 
    	
BANK   OF MONTREAL, as Administrative Agent, an L/C Issuer and as a Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Jeff Currie
    
	
 
    	
Name:
    	
Jeff   Currie
    
	
 
    	
Title:
    	
Director
    
	
 
    	
 
    
	
 
    	
BANK   OF MONTREAL, as Collateral Agent
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Jeff Currie
    
	
 
    	
Name:
    	
Jeff   Currie
    
	
 
    	
Title:
    	
Director
    

 

Consent and Release

 

S-2

 

	
 
    	
UNION   BANK CANADA BRANCH, as a Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Anne Collins
    
	
 
    	
Name:
    	
Anne   Collins
    
	
 
    	
Title:
    	
Vice   President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
UNION   BANK, N.A., as a Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Jonathan Bigelow
    
	
 
    	
Name:
    	
Jonathan   Bigelow
    
	
 
    	
Title:
    	
Vice   President
    

 

Consent and Release

 

S-3

 

	
 
    	
THE   TORONTO-DOMINION BANK, as an L/C Issuer and as a Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Rahim Kabani
    
	
 
    	
Name:
    	
Rahim   Kabani
    
	
 
    	
Title:
    	
Vice   President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
TORONTO   DOMINION (NEW YORK) LLC, as an L/C Issuer and as a Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Derrill Brito
    
	
 
    	
Name:
    	
Derrill   Brito
    
	
 
    	
Title:
    	
Authorized   Signer
    

 

Consent and Release

 

S-4

 

 

	
 
    	
MORGAN   STANLEY BANK, N.A.,
    
	
 
    	
as   an L/C Issuer and as a Lender
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   John Durland
    
	
 
    	
Name:
    	
John   Durland
    
	
 
    	
Title:
    	
Authorized   Signer
    

 

Consent and Release

 

S-5

 

EXHIBIT 1 to
 Consent and Release

 

ATTACHMENT 1
 to
 Pledge Agreement

 

Item A.  Pledged Interests

 

	
 
    	
 
    	
Pledgor
    	
 
    	
Pledged Interest Issuer
    	
 
    	
Type of Interest
   Pledged
    	
 
    	
Percent of
   Pledged Interest
   Issuer that is
   owned and being
   pledged by
   Pledgor
    	
 
    	
Represented by
   Certificate No.
   (if applicable)
    
	
1.
    	
 
    	
Atlantic Idaho Wind C, LLC
    	
 
    	
RP Wind ID, LLC
    	
 
    	
Membership   Interests
    	
 
    	
99%
    	
 
    	
Uncertificated
    
	
2.
    	
 
    	
Atlantic Idaho Wind Holdings, LLC
    	
 
    	
Atlantic Idaho Wind A, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
3.
    	
 
    	
Atlantic Idaho Wind Holdings, LLC
    	
 
    	
Atlantic Idaho Wind C, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
4.
    	
 
    	
Atlantic Oklahoma Wind, LLC
    	
 
    	
Canadian Hills Holding Company, LLC
    	
 
    	
Membership   Interests
    	
 
    	
99%
    	
 
    	
Uncertificated
    
	
5.
    	
 
    	
Atlantic   Power Corporation
    	
 
    	
Atlantic Power Services Canada GP Inc.
    	
 
    	
Common   Shares
    	
 
    	
100%
    	
 
    	
2
    
	
6.
    	
 
    	
Atlantic   Power Corporation
    	
 
    	
Atlantic Power Services Canada LP
    	
 
    	
Limited   Partnership Units
    	
 
    	
100%
    	
 
    	
LP-1
    
	
7.
    	
 
    	
Atlantic   Power Corporation
    	
 
    	
Atlantic Power Transmission, Inc.
    	
 
    	
Preferred   Shares
    	
 
    	
100%
    	
 
    	
1-A
    
	
8.
    	
 
    	
Atlantic   Power Corporation
    	
 
    	
Atlantic Power Transmission, Inc.
    	
 
    	
Common   Shares
    	
 
    	
100%
    	
 
    	
1
    
	
9.
    	
 
    	
Atlantic   Power Corporation
    	
 
    	
Atlantic Power Limited Partnership
    	
 
    	
Limited   Partnership 
    	
 
    	
99.9961%
    	
 
    	
LP-2
    

 

Ex 1-1

 

	
 
    	
 
    	
Pledgor
    	
 
    	
Pledged Interest Issuer
    	
 
    	
Type of Interest
   Pledged
    	
 
    	
Percent of
   Pledged Interest
   Issuer that is
   owned and being
   pledged by
   Pledgor
    	
 
    	
Represented by
   Certificate No.
   (if applicable)
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
Units
    	
 
    	
 
    	
 
    	
 
    
	
10.
    	
 
    	
Atlantic   Power Corporation
    	
 
    	
Atlantic Power GP Inc.
    	
 
    	
Common   Shares
    	
 
    	
100%
    	
 
    	
2C
    
	
11.
    	
 
    	
Atlantic Power GP Inc.
    	
 
    	
Atlantic Power Limited Partnership
    	
 
    	
Limited   Partnership Units
    	
 
    	
0.0039%
    	
 
    	
LP-3
    
	
12.
    	
 
    	
Atlantic Power Generation, Inc.(1)
    	
 
    	
Canadian Hills Wind, LLC
    	
 
    	
Class B   Membership Interests
    	
 
    	
16.39%
    	
 
    	
B-2
    
	
13.
    	
 
    	
Atlantic Power Holdings, Inc.
    	
 
    	
Atlantic Power Services, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
14.
    	
 
    	
Atlantic Power Holdings, Inc.
    	
 
    	
Harbor Capital Holdings, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
15.
    	
 
    	
Atlantic Power Services Canada GP Inc.
    	
 
    	
Atlantic Power Services Canada LP
    	
 
    	
General   Partnership Units
    	
 
    	
100%
    	
 
    	
GP-1
    
	
16.
    	
 
    	
Atlantic Power Transmission, Inc.
    	
 
    	
Atlantic Cadillac Holdings, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
17.
    	
 
    	
Atlantic Power Transmission, Inc.
    	
 
    	
Atlantic Idaho Wind Holdings, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
18.
    	
 
    	
Atlantic Power Transmission, Inc.
    	
 
    	
Atlantic Piedmont Holdings, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
19.
    	
 
    	
Atlantic Power Transmission, Inc.
    	
 
    	
Atlantic Oklahoma Wind, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
20.
    	
 
    	
Atlantic Power Transmission, Inc.
    	
 
    	
Atlantic Rockland Holdings, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
21.
    	
 
    	
Atlantic Power Transmission, Inc.
    	
 
    	
Atlantic Ridgeline Holdings, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    

 

(1)  Pledge of Class B Membership Interests to be delivered after January 15, 2013 in accordance with the terms of the Loan Documents.

 

Ex 1-2

 

	
 
    	
 
    	
Pledgor
    	
 
    	
Pledged Interest Issuer
    	
 
    	
Type of Interest
   Pledged
    	
 
    	
Percent of
   Pledged Interest
   Issuer that is
   owned and being
   pledged by
   Pledgor
    	
 
    	
Represented by
   Certificate No.
   (if applicable)
    
	
22.
    	
 
    	
Atlantic Renewables Holdings, LLC
    	
 
    	
AP   Onondaga, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
23.
    	
 
    	
Baker Lake Hydro LLC
    	
 
    	
Concrete Hydro   Partners, L.P.
    	
 
    	
Limited Partnership Interests
    	
 
    	
99%
    	
 
    	
Uncertificated
    
	
24.
    	
 
    	
Harbor Capital Holdings, LLC
    	
 
    	
Atlantic Renewables Holdings, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
25.
    	
 
    	
Olympia Hydro LLC
    	
 
    	
Concrete Hydro   Partners, L.P.
    	
 
    	
General Partnership Interests
    	
 
    	
0.5%
    	
 
    	
Uncertificated
    
	
26.
    	
 
    	
Pah Rah Holding Company LLC
    	
 
    	
Pah Rah Project Company LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
27.
    	
 
    	
Ridgeline Eastern Energy LLC
    	
 
    	
Monticello Hills Wind LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
28.
    	
 
    	
Ridgeline Eastern Energy LLC
    	
 
    	
Dry Lots Wind LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
29.
    	
 
    	
Ridgeline Eastern Energy LLC
    	
 
    	
Smokey   Avenue Wind LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
30.
    	
 
    	
Ridgeline Eastern Energy LLC
    	
 
    	
Saunders Bros. Transportation Corporation
    	
 
    	
Common   Stock
    	
 
    	
100%
    	
 
    	
No. 1
    
	
31.
    	
 
    	
Ridgeline Eastern Energy LLC
    	
 
    	
Bruce Hill Wind LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
32.
    	
 
    	
Ridgeline Eastern Energy LLC
    	
 
    	
South Mountain Wind LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
33.
    	
 
    	
Ridgeline Energy LLC
    	
 
    	
Pah Rah Holding Company LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
34.
    	
 
    	
Ridgeline Energy LLC
    	
 
    	
Lewis Ranch Wind Project LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
35.
    	
 
    	
Ridgeline Energy LLC
    	
 
    	
Hurricane Wind LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    

 

Ex 1-3

 

	
 
    	
 
    	
Pledgor
    	
 
    	
Pledged Interest Issuer
    	
 
    	
Type of Interest
   Pledged
    	
 
    	
Percent of
   Pledged Interest
   Issuer that is
   owned and being
   pledged by
   Pledgor
    	
 
    	
Represented by
   Certificate No.
   (if applicable)
    
	
36.
    	
 
    	
Ridgeline Energy LLC
    	
 
    	
Ridgeline Power Services LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
37.
    	
 
    	
Ridgeline Energy LLC
    	
 
    	
Ridgeline Eastern Energy LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
38.
    	
 
    	
Ridgeline Energy LLC
    	
 
    	
Frontier Solar LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
39.
    	
 
    	
Ridgeline Energy LLC
    	
 
    	
Ridgeline Energy Solar LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
40.
    	
 
    	
Ridgeline Energy Solar LLC
    	
 
    	
Great Basin Solar Ranch LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
41.
    	
 
    	
Teton Power Funding, LLC
    	
 
    	
Olympia Hydro LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
42.
    	
 
    	
Teton Power Funding, LLC
    	
 
    	
Teton East Coast Generation LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
43.
    	
 
    	
Teton Power Funding, LLC
    	
 
    	
Teton   Operating Services, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
44.
    	
 
    	
Teton Power Funding, LLC
    	
 
    	
Baker   Lake Hydro LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
45.
    	
 
    	
Teton Power Funding, LLC
    	
 
    	
Orlando   Power Generation I LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    
	
46.
    	
 
    	
Teton Power Funding, LLC
    	
 
    	
Orlando   Power Generation II LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    

 

Item B.  Pledged Notes

 

None.

 

Ex 1-4

 

EXHIBIT 2 to
 Consent and Release

 

ATTACHMENT 2
 to
 Pledge Agreement

 

	
PLEDGOR:
    	
 
    	
ATLANTIC IDAHO WIND C, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4840790
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
ATLANTIC IDAHO WIND HOLDINGS, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4840757
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
ATLANTIC OKLAHOMA WIND, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
5102253
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
ATLANTIC POWER CORPORATION
    
	
PROVINCE   OF INCORPORATION:
    	
 
    	
British   Columbia
    
	
IDENTIFICATION   NUMBER:
    	
 
    	
CO729547
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    

 

Ex 2-1

 

	
PLEDGOR:
    	
 
    	
ATLANTIC POWER GP INC.
    
	
PROVINCE   OF INCORPORATION:
    	
 
    	
British   Columbia
    
	
IDENTIFICATION   NUMBER:
    	
 
    	
C0924851
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
ATLANTIC POWER GENERATION, INC.
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4756289
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
ATLANTIC POWER HOLDINGS, INC.
    
	
STATE   OF INCORPORATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
3844647
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
ATLANTIC POWER SERVICES CANADA GP INC.
    
	
PROVINCE   OF INCORPORATION:
    	
 
    	
British   Columbia
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
BC0916552
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
				

 

Ex 2-2

 

	
PLEDGOR:
    	
 
    	
ATLANTIC POWER TRANSMISSION, INC.
    
	
STATE   OF INCORPORATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4756295
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
ATLANTIC RENEWABLES HOLDINGS, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4670242
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
BAKER LAKE HYDRO, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
2214188
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
20   West 9th Street
   Kansas City, MO 64105
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
HARBOR CAPITAL HOLDINGS, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4000335
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    

 

Ex 2-3

 

	
PLEDGOR:
    	
 
    	
OLYMPIA HYDRO, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
2214190
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
PAH RAH HOLDING COMPANY LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4803010
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
RIDGELINE EASTERN ENERGY LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4848046
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
RIDGELINE ENERGY SOLAR LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
5080169
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
RIDGELINE ENERGY LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
4602137
    

 

Ex 2-4

 

	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
TETON EAST COAST GENERATION, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
2219848
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    
	
 
    	
 
    	
 
    
	
PLEDGOR:
    	
 
    	
TETON POWER FUNDING, LLC
    
	
STATE   OF FORMATION:
    	
 
    	
Delaware
    
	
STATE   IDENTIFICATION NUMBER:
    	
 
    	
3721785
    
	
CHIEF   EXECUTIVE OFFICE:
    	
 
    	
One   Federal Street, 30th Floor
   Boston, MA 02110
    

 

Ex 2-5

 

EXHIBIT 3 to
 Consent and Release

 

ATTACHMENT 1

to A&R Pledge Agreement

 

Item A.  Pledged Interests

 

	
 
    	
 
    	
Pledgor
    	
 
    	
Pledged Interest Issuer
    	
 
    	
Type of Interest Pledged
    	
 
    	
Percent of Pledged
   Interest Issuer that is
   owned and being
   pledged by Pledgor
    	
 
    	
Represented by
   Certificate No.
   (if applicable)
    	
 
    
	
1.
    	
 
    	
Atlantic   Power Corporation
    	
 
    	
Atlantic   Power Generation, Inc.
    	
 
    	
Common   Shares
    	
 
    	
100%
    	
 
    	
1
    	
 
    
	
2.
    	
 
    	
Atlantic   Power Generation, Inc.
    	
 
    	
Atlantic   Power Holdings, Inc.
    	
 
    	
Common   Shares
    	
 
    	
100%
    	
 
    	
1
    	
 
    
	
3.
    	
 
    	
Atlantic   Power Holdings, Inc.
    	
 
    	
Teton   Power Funding, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    	
 
    
	
4.
    	
 
    	
Atlantic   Power Holdings, Inc.
    	
 
    	
Epsilon   Power Funding, LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    	
 
    
	
10.
    	
 
    	
Teton   East Coast Generation LLC
    	
 
    	
Teton   Selkirk LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    	
 
    
	
12.
    	
 
    	
Teton   Power Funding, LLC
    	
 
    	
Baker   Lake Hydro LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    	
 
    
	
13.
    	
 
    	
Teton   Power Funding, LLC
    	
 
    	
Orlando   Power Generation I LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    	
 
    
	
14.
    	
 
    	
Teton   Power Funding, LLC
    	
 
    	
Orlando   Power Generation II LLC
    	
 
    	
Membership   Interests
    	
 
    	
100%
    	
 
    	
Uncertificated
    	
 
    

 

Item B.  Pledged Notes

 

Pledged Note Issuer Description:

 

13% Unsecured Subordinated Note from APG, dated as of November 27, 2009 payable to APC with respect to a loan of $400,000,000.00.

 

13% Unsecured Subordinated Note from APH, dated as of July 1, 2010 payable to APG with respect to a loan of $400,000,000.00.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00213-of-00352.parquet"}]]