Jan 14 (Reuters) - Atlantic Power Corp AT.N :
* ATLANTIC POWER AGREES TO BE ACQUIRED BY I SQUARED CAPITAL
* COMMON SHAREHOLDERS TO RECEIVE US$3.03 PER SHARE IN CASH
* TOTAL ENTERPRISE VALUE OF DEAL IS APPROXIMATELY US$961 MILLION
* ATLANTIC POWER- BOARD OF ATLANTIC POWER RECOMMENDS THAT ATLANTIC POWER'S COMMON SHAREHOLDERS VOTE IN FAVOR OF ARRANGEMENT
* ATLANTIC POWER -ON DEAL CLOSE,COMMON SHARES OF CO TO BE DELISTED FROM TSX AND NYSE, PREFERRED SHARES & CONVERTIBLE DEBENTURES TO BE DELISTED FROM TSX
* BOARD OF APPEL RECOMMENDS THAT PREFERRED SHAREHOLDERS OF APPEL VOTE IN FAVOR OF ARRANGEMENT AND PROPOSED CONTINUANCE
* ATLANTIC POWER - PREFERRED SHAREHOLDERS AND MEDIUM TERM NOTEHOLDERS TO RECEIVE CASH REPRESENTING PREMIUMS TO RECENT TRADING PRICES