Atlantic Power Corporation announced that the company will appoint Gilbert S. Palter to its Board of Directors following the Annual General Meeting on June 23, 2015. With the addition of Mr. Palter, the Board of Directors will consist of nine members, eight of whom are independent and four of whom have been appointed since November 2014. He has served as a director and as Chair of numerous public and private company boards, and currently serves on the boards of EdgeStone Capital Partners Inc., Aurigen Reinsurance Limited (Chair), Specialty Commerce Corp.

(Chair), Eurospec Manufacturing Inc., Stephenson's Equipment Rental, and Tunnel Hill Partners, LP. The appointment of Mr. Palter has been at the recommendation of Mangrove Partners. In conjunction with the appointment of Mr. Palter to the Board, the company has signed a customary standstill and support agreement with Mangrove.

The company also announced that it plans to reduce the number of directors to seven by the 2016 Annual General Meeting.