Hedge Fund Urges Power Producer to Join – Prosyscom Tech

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The biggest investor in electricity generator Atlantic Power Corp. called on the company to explore using surplus output for cryptocurrency mining.

In a telephone meeting with Atlantic Power’s management, Mangrove Partners discussed alternative uses for the company’s generation assets that have expired or expiring power purchase agreements. It’s interested in helping to provide the capital for such projects as well as other blockchain applications, the hedge fund said in a filing on Friday.

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