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Alterra Power Corp. (T:AXY)

Business Focus: N/A

Feb 06, 2018 07:17 am ET
Innergex completes $1.1 billion acquisition of Alterra Power Corp.
Increases Innergex's capacity to 1,609 MW (gross 2,896 MW) through acquisition of well-diversified asset portfolio Confirms Innergex as largest independent renewable energy producer in British Columbia and among the largest in Canada Accelerates development and growth opportunities in the United States and other markets $150 million investment from la Caisse de dépôt et placement du Québec ("la Caisse"); borrowing capability increased to $700 million LONGUEUIL, QC, Feb. 6, 2018 /CNW Telbec/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") is pleased to announc
Feb 05, 2018 04:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Alterra Power Corp. – Deletion from S&P/TSX Renewable Energy and Clean Technology Index
Dec 27, 2017 08:00 am ET
Alterra Power Begins Commercial Operations and Completes Financing at the Spartan Solar Project
VANCOUVER, Dec. 27, 2017 /CNW/ - Alterra Power Corp. and Inovateus Solar LLC are pleased to announce that the 11 MW Spartan solar project commenced full commercial operations on December 21, 2017. The Spartan project is located above 45 acres of carports at the Michigan State University campus in East Lansing, Michigan, covering over 4,500 parking spaces.
Dec 27, 2017 08:00 am ET
Alterra Power Begins Commercial Operations and Completes Financing at the Spartan Solar Project
VANCOUVER, Dec. 27, 2017 /PRNewswire/ - Alterra Power Corp. and Inovateus Solar LLC are pleased to announce that the 11 MW Spartan solar project commenced full commercial operations on December 21, 2017. The Spartan project is located above 45 acres of carports at the Michigan State University campus in East Lansing, Michigan, covering over 4,500 parking spaces.
Dec 14, 2017 06:40 pm ET
Innergex Obtains Support From Alterra's Shareholders
LONGUEUIL, QC, Dec. 14, 2017 /CNW Telbec/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex") welcomes the decision by shareholders of Alterra Power Corp. (TSX: AXY) ("Alterra") to approve the arrangement agreement ("Arrangement Agreement") pursuant to which Innergex will acquire all of the issued and outstanding common shares of Alterra. Alterra shareholders were asked to vote on a special resolution approving the Arrangement Agreement in accordance with its terms during a Special Meeting of Shareholders held in Vancouver earlier today. The special resolution was approved by 99.89% of
Dec 14, 2017 05:58 pm ET
Alterra Power Corp. Announces Shareholder Approval of the Arrangement
VANCOUVER, Dec. 14, 2017 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce that its shareholders have voted overwhelmingly to approve the previously announced plan of arrangement whereby Innergex Renewable Energy Inc. ("Innergex") will acquire all of the issued and outstanding common shares of Alterra (the "Arrangement").
Dec 14, 2017 05:58 pm ET
Alterra Power Corp. Announces Shareholder Approval of the Arrangement
VANCOUVER, Dec. 14, 2017 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce that its shareholders have voted overwhelmingly to approve the previously announced plan of arrangement whereby Innergex Renewable Energy Inc. ("Innergex") will acquire all of the issued and outstanding common shares of Alterra (the "Arrangement").
Nov 09, 2017 10:53 pm ET
Alterra Power Announces Results for the Quarter Ended September 30, 2017
(under IFRS and all amounts in US dollars unless otherwise stated)
Nov 09, 2017 10:53 pm ET
Alterra Power Announces Results for the Quarter Ended September 30, 2017
(under IFRS and all amounts in US dollars unless otherwise stated)
Oct 31, 2017 09:05 am ET
IIROC Trade Resumption - AXY
TORONTO, Oct. 31, 2017 /CNW/ - Trading resumes in:
Oct 31, 2017 08:02 am ET
IIROC Trade Resumption - Alterra Power Corp.
Toronto, Ontario--(Newsfile Corp. - October 31, 2017) - Trading resumes in:
Oct 30, 2017 04:37 pm ET
IIROC Trading Halt - INE; AXY
TORONTO, Oct. 30, 2017 /CNW/ - The following issues have been halted by IIROC:
Oct 30, 2017 04:21 pm ET
Innergex Renewable Energy to acquire Alterra Power Corp.
$1.1 billion transaction to meaningfully diversify Innergex's asset portfolio in terms of geography and energy sources Transaction to solidify Innergex's position as a leading renewable energy independent power producer by adding eight operating projects (net 364 MW), three projects under construction (net 118 MW), three prospective projects at an advanced stage (net 686 MW), other U.S. PTC-qualified prospective projects (net 490 MW), and an extensive pipeline of prospective projects in preliminary stages or in progress (net 4,350 MW) Transaction expected to be accretive to Innergex's distr
Oct 30, 2017 03:29 pm ET
IIROC Trade Halt - Alterra Power Corp.
Toronto, Ontario--(Newsfile Corp. - October 30, 2017) - The following issues have been halted by IIROC:
Oct 27, 2017 07:38 pm ET
Alterra Power Announces Release Date Results for the Quarter Ended September 30, 2017
VANCOUVER, Oct. 27, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended September 30, 2017 will be released on Thursday, November 9, 2017 after market close. A conference call and live audio webcast to discuss the results will be held on Friday, November 10, 2017 at 12:00 pm ET (9:00 am PT).
Oct 27, 2017 07:38 pm ET
Alterra Power Announces Release Date Results for the Quarter Ended September 30, 2017
VANCOUVER, Oct. 27, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended September 30, 2017 will be released on Thursday, November 9, 2017 after market close. A conference call and live audio webcast to discuss the results will be held on Friday, November 10, 2017 at 12:00 pm ET (9:00 am PT).
Sep 18, 2017 10:00 am ET
Alterra Power Acquires California Wind Development Project
VANCOUVER, Sept. 18, 2017 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce the acquisition of Jawbone, a 40 MW wind development project in Kern County, California that is fully zoned for wind-powered generation.
Sep 18, 2017 10:00 am ET
Alterra Power Acquires California Wind Development Project
VANCOUVER, Sept. 18, 2017 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce the acquisition of Jawbone, a 40 MW wind development project in Kern County, California that is fully zoned for wind-powered generation.
Sep 15, 2017 11:09 am ET
Alterra Power Announces $133 Million Refinancing at HS Orka
VANCOUVER, Sept. 15, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) is pleased to announce the execution of a US$133 million (€112 million) refinancing of the corporate loans at its Icelandic subsidiary, HS Orka hf. Primary uses of loan proceeds include construction of the 9.9 MW Brúarvirkjun hydro project, drilling and other field development activities at the Reykjanes geothermal operation, and the retirement of €52 million of currently outstanding loans.
Sep 15, 2017 11:09 am ET
Alterra Power Announces $133 Million Refinancing at HS Orka
VANCOUVER, Sept. 15, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to announce the execution of a US$133 million (€112 million) refinancing of the corporate loans at its Icelandic subsidiary, HS Orka hf. Primary uses of loan proceeds include construction of the 9.9 MW Brúarvirkjun hydro project, drilling and other field development activities at the Reykjanes geothermal operation, and the retirement of €52 million of currently outstanding loans.
Aug 11, 2017 12:30 am ET
Alterra Power Announces Results for the Quarter Ended June 30, 2017
(under IFRS and all amounts in US dollars unless otherwise stated)
Aug 11, 2017 12:30 am ET
Alterra Power Announces Results for the Quarter Ended June 30, 2017
(under IFRS and all amounts in US dollars unless otherwise stated)
Aug 08, 2017 10:00 am ET
Alterra Power Secures Financing for 11 MW Spartan Solar Project
VANCOUVER, Aug. 8, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) ("Alterra") and Inovateus Solar LLC ("Inovateus") are pleased to announce the closing of a $19.9 million construction loan facility (all amounts USD) for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan.
Aug 08, 2017 10:00 am ET
Alterra Power Secures Financing for 11 MW Spartan Solar Project
VANCOUVER, Aug. 8, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra") and Inovateus Solar LLC ("Inovateus") are pleased to announce the closing of a $19.9 million construction loan facility (all amounts USD) for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan.
Aug 03, 2017 10:00 am ET
Alterra Power Announces Termination of Blue Lagoon Sales Process
VANCOUVER, Aug. 3, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its subsidiary, HS Orka hf, has ended the process regarding the potential sale of HS Orka's 30% ownership interest in the Blue Lagoon tourist resort. Alterra had previously announced that the subsidiary was considering strategic alternatives for the ownership stake, up to and including a full sale. During the sales process, several viable offers were received and HS Orka entered into an exclusivity agreement with a preferred bidder who valued the stake in excess of €90 million (multiple bids were received with valu
Aug 03, 2017 10:00 am ET
Alterra Power Announces Termination of Blue Lagoon Sales Process
VANCOUVER, Aug. 3, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that its subsidiary, HS Orka hf, has ended the process regarding the potential sale of HS Orka's 30% ownership interest in the Blue Lagoon tourist resort. Alterra had previously announced that the subsidiary was considering strategic alternatives for the ownership stake, up to and including a full sale. During the sales process, several viable offers were received and HS Orka entered into an exclusivity agreement with a preferred bidder who valued the stake in excess of €90 million (multiple bids were received wi
Jul 20, 2017 01:00 pm ET
Alterra Power Completes Financing and Partnership for Flat Top Project
VANCOUVER, July 20, 2017 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce the completion of financing for the 200 MW Flat Top wind project and the concurrent advancement of the project into the final phase of construction. Key components of the financing include:
Jul 20, 2017 01:00 pm ET
Alterra Power Completes Financing and Partnership for Flat Top Project
VANCOUVER, July 20, 2017 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce the completion of financing for the 200 MW Flat Top wind project and the concurrent advancement of the project into the final phase of construction. Key components of the financing include:
Jul 13, 2017 10:00 am ET
Alterra Power Negotiating Final Settlement of Icelandic Bond
VANCOUVER, July 13, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its subsidiary, Magma Energy Sweden, is in the process of negotiating a final settlement of its US$71.3 million non-recourse bond (valued as at June 30), which matures on July 16, 2017. The collateral under the bond will be delivered to the bondholder (formerly the municipality of Reykjanesbær), a consortium of Icelandic pension funds (Fagfjárfestasjóðurinn ORK) and consists solely of shares of Alterra's Icelandic subsidiary, HS Orka hf comprising a 12.7% ownership stake. Once delivered, Alterra's ownership stake
Jul 13, 2017 10:00 am ET
Alterra Power Negotiating Final Settlement of Icelandic Bond
VANCOUVER, July 13, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that its subsidiary, Magma Energy Sweden, is in the process of negotiating a final settlement of its US$71.3 million non-recourse bond (valued as at June 30), which matures on July 16, 2017. The collateral under the bond will be delivered to the bondholder (formerly the municipality of Reykjanesbær), a consortium of Icelandic pension funds (Fagfjárfestasjóðurinn ORK) and consists solely of shares of Alterra's Icelandic subsidiary, HS Orka hf comprising a 12.7% ownership stake. Once delivered, Alterra's ownership
Jun 28, 2017 10:00 am ET
Alterra Power Expands Loan Facility for Flat Top Wind Investment
VANCOUVER, June 28, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) is pleased to announce the expansion of its loan facility with affiliates of AMP Capital Investors Limited. The net proceeds, approximately US$20.6 million, will be used as part of Alterra's sponsor equity contribution for the Flat Top wind project. The expanded facility will be secured by and supported by cash flows from Alterra's projected 51% ownership stake in the Flat Top project, in addition to security and cash flow support the facility currently receives from Alterra's interests in the Toba Montrose, Jimmie Creek and Dok
Jun 28, 2017 10:00 am ET
Alterra Power Expands Loan Facility for Flat Top Wind Investment
VANCOUVER, June 28, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to announce the expansion of its loan facility with affiliates of AMP Capital Investors Limited. The net proceeds, approximately US$20.6 million, will be used as part of Alterra's sponsor equity contribution for the Flat Top wind project. The expanded facility will be secured by and supported by cash flows from Alterra's projected 51% ownership stake in the Flat Top project, in addition to security and cash flow support the facility currently receives from Alterra's interests in the Toba Montrose, Jimmie Creek
May 26, 2017 10:00 am ET
Alterra Power Signs Revenue Contract for Flat Top Project
VANCOUVER, May 26, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) is pleased to announce the signing, via a wholly-owned project subsidiary, of a 13-year power hedge agreement with an affiliate of Citi for its 200 MW Flat Top wind project. Alterra expects the financing and partnership arrangements for the project to be completed within the next few weeks, marking commencement of the project's primary construction phase. The project is expected to achieve commercial operations in the first half of 2018.
May 26, 2017 10:00 am ET
Alterra Power Signs Revenue Contract for Flat Top Project
VANCOUVER, May 26, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to announce the signing, via a wholly-owned project subsidiary, of a 13-year power hedge agreement with an affiliate of Citi for its 200 MW Flat Top wind project. Alterra expects the financing and partnership arrangements for the project to be completed within the next few weeks, marking commencement of the project's primary construction phase. The project is expected to achieve commercial operations in the first half of 2018.
May 16, 2017 10:00 am ET
Alterra Power Announces Potential Sale of Blue Lagoon Interest
Vancouver, May 16, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that following several unsolicited expressions of interest, its subsidiary HS Orka hf will examine strategic alternatives for its 30% ownership interest in the Blue Lagoon tourist resort, up to and including a full sale.
May 16, 2017 10:00 am ET
Alterra Power Announces Potential Sale of Blue Lagoon Interest
Vancouver, May 16, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that following several unsolicited expressions of interest, its subsidiary HS Orka hf will examine strategic alternatives for its 30% ownership interest in the Blue Lagoon tourist resort, up to and including a full sale.
May 12, 2017 12:02 am ET
May 12, 2017 12:02 am ET
May 02, 2017 07:46 pm ET
Alterra Power Announces Release Date Results for the Quarter Ended March 31, 2017
VANCOUVER, May 2, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended March 31, 2017 will be released on Thursday, May 11, 2017 after market close. A conference call and live audio webcast to discuss the results will be held on Friday, May 12, 2017 at 11:30 am ET (8:30 am PT).
May 02, 2017 07:46 pm ET
Alterra Power Announces Release Date Results for the Quarter Ended March 31, 2017
VANCOUVER, May 2, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended March 31, 2017 will be released on Thursday, May 11, 2017 after market close. A conference call and live audio webcast to discuss the results will be held on Friday, May 12, 2017 at 11:30 am ET (8:30 am PT).
Apr 19, 2017 02:26 pm ET
Alterra Power Acquires 320 MW Boswell Springs Wind Project
VANCOUVER, April 19, 2017 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce the acquisition of the Boswell Springs wind project, a 320 MW portfolio of wind development projects located in Albany County, Wyoming (the "Project").
Apr 19, 2017 02:26 pm ET
Alterra Power Acquires 320 MW Boswell Springs Wind Project
VANCOUVER, April 19, 2017 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce the acquisition of the Boswell Springs wind project, a 320 MW portfolio of wind development projects located in Albany County, Wyoming (the "Project").
Mar 16, 2017 12:10 am ET
Alterra Power Announces Results for the Year Ended December 31, 2016
(under IFRS and all amounts in US dollars unless otherwise stated)
Mar 16, 2017 12:10 am ET
Alterra Power Announces Results for the Year Ended December 31, 2016
(under IFRS and all amounts in US dollars unless otherwise stated)
Feb 27, 2017 09:19 pm ET
Alterra Power Announces HS Orka's 2016 Annual Results
VANCOUVER, Feb. 27, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) ("Alterra") announces that its 66.6% owned Icelandic subsidiary, HS Orka hf, today released audited financial and operating results for the year ended December 31, 2016. HS Orka's financial statements are prepared in accordance with International Financial Reporting Standards (as adopted by the European Union), are reported in Icelandic krónur (ISK), and can be found at http://www.hsorka.is.
Feb 27, 2017 09:19 pm ET
Alterra Power Announces HS Orka's 2016 Annual Results
VANCOUVER, Feb. 27, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra") announces that its 66.6% owned Icelandic subsidiary, HS Orka hf, today released audited financial and operating results for the year ended December 31, 2016. HS Orka's financial statements are prepared in accordance with International Financial Reporting Standards (as adopted by the European Union), are reported in Icelandic krónur (ISK), and can be found at http://www.hsorka.is.
Feb 21, 2017 09:00 am ET
Alterra Power Announces Release Date of Audited Results for the Year Ended December 31, 2016
VANCOUVER, Feb. 21, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) ("Alterra" or the "Company") will release its audited results for the year ended December 31, 2016 on Wednesday, March 15, 2017 after market close. A conference call and live audio webcast to discuss the results will be held on Thursday, March 16, 2017 at 11:30 am ET (8:30 am PT).
Feb 21, 2017 09:00 am ET
Alterra Power Announces Release Date of Audited Results for the Year Ended December 31, 2016
VANCOUVER, Feb. 21, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra" or the "Company") will release its audited results for the year ended December 31, 2016 on Wednesday, March 15, 2017 after market close. A conference call and live audio webcast to discuss the results will be held on Thursday, March 16, 2017 at 11:30 am ET (8:30 am PT).
Feb 09, 2017 09:00 am ET
Alterra Power Announces Completion of Iceland Deep Drilling Program
VANCOUVER, Feb. 9, 2017 /CNW/ - Alterra Power Corp. is pleased to announce successful completion of the deep drilling program at its Icelandic subsidiary HS Orka's Reykjanes geothermal field. Hole IDDP2 was completed at a record depth of 4,650 meters. Initial well readings (427°C temperature, 340 bars pressure) indicate supercritical conditions at the base of the well, comprising significantly higher energy content versus conventional high-temperature geothermal steam.
Feb 09, 2017 09:00 am ET
Alterra Power Announces Completion of Iceland Deep Drilling Program
VANCOUVER, Feb. 9, 2017 /PRNewswire/ - Alterra Power Corp. is pleased to announce successful completion of the deep drilling program at its Icelandic subsidiary HS Orka's Reykjanes geothermal field. Hole IDDP2 was completed at a record depth of 4,650 meters. Initial well readings (427°C temperature, 340 bars pressure) indicate supercritical conditions at the base of the well, comprising significantly higher energy content versus conventional high-temperature geothermal steam.
Feb 01, 2017 09:00 am ET
Alterra Power Announces Dismissal of British Columbia Action
VANCOUVER, Feb. 1, 2017 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce the dismissal of the British Columbia action filed by Norðurál Helguvik ehf ("Norðurál") against Alterra regarding the 2007 power sales contract between Alterra's Icelandic subsidiary, HS Orka hf and Norðurál. The action was dismissed on January 27 by agreement of the parties.
Feb 01, 2017 09:00 am ET
Alterra Power Announces Dismissal of British Columbia Action
VANCOUVER, Feb. 1, 2017 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce the dismissal of the British Columbia action filed by Norðurál Helguvik ehf ("Norðurál") against Alterra regarding the 2007 power sales contract between Alterra's Icelandic subsidiary, HS Orka hf and Norðurál. The action was dismissed on January 27 by agreement of the parties.
Jan 11, 2017 09:00 am ET
Alterra Power Update Regarding Wind Project Qualification
VANCOUVER, Jan. 11, 2017 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce that in 2016 it commenced on-site and off-site project activities intended to qualify several wind projects for USA renewable tax incentives (production tax credits, or "PTCs"), including the 200 MW Flat Top project.
Jan 11, 2017 09:00 am ET
Alterra Power Update Regarding Wind Project Qualification
VANCOUVER, Jan. 11, 2017 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce that in 2016 it commenced on-site and off-site project activities intended to qualify several wind projects for USA renewable tax incentives (production tax credits, or "PTCs"), including the 200 MW Flat Top project.
Jan 05, 2017 09:00 am ET
Alterra Power Announces Execution of Project Contracts for Flat Top Wind Farm
VANCOUVER, Jan. 5, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) is pleased to announce the execution of several project contracts at Flat Top, a 200 MW wind development project in central Texas. Contracts executed within the last week include:
Jan 05, 2017 09:00 am ET
Alterra Power Announces Execution of Project Contracts for Flat Top Wind Farm
VANCOUVER, Jan. 5, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to announce the execution of several project contracts at Flat Top, a 200 MW wind development project in central Texas. Contracts executed within the last week include:
Jan 04, 2017 09:00 am ET
Alterra Power's Kokomo Solar Project Begins Commercial Operations
VANCOUVER, Jan. 4, 2017 /CNW/ - Alterra Power Corp. (TSX: AXY) and Inovateus Solar LLC are pleased to announce that their 7 MWDC Kokomo solar project commenced full commercial operations on December 29, 2016.
Jan 04, 2017 09:00 am ET
Alterra Power's Kokomo Solar Project Begins Commercial Operations
VANCOUVER, Jan. 4, 2017 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) and Inovateus Solar LLC are pleased to announce that their 7 MWDC Kokomo solar project commenced full commercial operations on December 29, 2016.
Dec 22, 2016 08:54 pm ET
Alterra Power Announces Amendment of Power Purchase Agreement for Michigan Solar Project
VANCOUVER, Dec. 22, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) ("Alterra") and Inovateus Solar LLC ("Inovateus") are pleased to announce the execution of an amended and restated power purchase agreement under which Spartan PV 1, LLC (the "Project") is expected to sell power to the Board of Trustees of Michigan State University ("MSU"). Under the agreement, the Project, a 15.5MWDC (10.1MWAC) solar power plant to be located on carports on the Michigan State University campus, will sell 100% of its power to MSU for 25 years on substantially the same commercial terms as the original agreement,
Dec 22, 2016 08:54 pm ET
Alterra Power Announces Amendment of Power Purchase Agreement for Michigan Solar Project
VANCOUVER, Dec. 22, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra") and Inovateus Solar LLC ("Inovateus") are pleased to announce the execution of an amended and restated power purchase agreement under which Spartan PV 1, LLC (the "Project") is expected to sell power to the Board of Trustees of Michigan State University ("MSU"). Under the agreement, the Project, a 15.5MWDC (10.1MWAC) solar power plant to be located on carports on the Michigan State University campus, will sell 100% of its power to MSU for 25 years on substantially the same commercial terms as the original agre
Dec 15, 2016 09:34 pm ET
Alterra Power Issues Inaugural Dividend
VANCOUVER, Dec. 15, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) is pleased to announce that payment of the Company's inaugural quarterly dividend has been completed today. The dividend payment ($0.0125 per common share) is part of the plan approved by the Board in August 2016 under which shareholders would receive $0.05 per common share annually. Today's dividend was paid to those shareholders who were owners of record as of November 30, 2016, and has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).
Dec 15, 2016 09:34 pm ET
Alterra Power Issues Inaugural Dividend
VANCOUVER, Dec. 15, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to announce that payment of the Company's inaugural quarterly dividend has been completed today. The dividend payment ($0.0125 per common share) is part of the plan approved by the Board in August 2016 under which shareholders would receive $0.05 per common share annually. Today's dividend was paid to those shareholders who were owners of record as of November 30, 2016, and has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).
Dec 07, 2016 09:00 am ET
Alterra Power and Axium Infrastructure Extend Service Contract at Dokie
VANCOUVER, Dec. 7, 2016 /CNW/ - Alterra Power Corp. ("Alterra") and funds managed by Axium Infrastructure Inc. ("Axium") are pleased to announce they have extended the service contract for the 144 MW Dokie wind farm. Vestas has been providing operations and maintenance services at the wind farm since commencement of operations in 2011. The extension renews the project service agreement through 2031 and will provide comparable service standards at a cost savings to the project of nearly two million dollars per year.
Dec 07, 2016 09:00 am ET
Alterra Power and Axium Infrastructure Extend Service Contract at Dokie
VANCOUVER, Dec. 7, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") and funds managed by Axium Infrastructure Inc. ("Axium") are pleased to announce they have extended the service contract for the 144 MW Dokie wind farm. Vestas has been providing operations and maintenance services at the wind farm since commencement of operations in 2011. The extension renews the project service agreement through 2031 and will provide comparable service standards at a cost savings to the project of nearly two million dollars per year.
Dec 01, 2016 09:00 am ET
Alterra Power Announces Favorable Arbitration Results for Icelandic Subsidiary
VANCOUVER, Dec. 1, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) is pleased to report that its 66%-owned subsidiary HS Orka hf ("HS Orka") has received positive results from the arbitration concerning the validity of a power purchase agreement between HS Orka and Norðurál Helguvík ehf ("Norðurál").
Dec 01, 2016 09:00 am ET
Alterra Power Announces Favorable Arbitration Results for Icelandic Subsidiary
VANCOUVER, Dec. 1, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to report that its 66%-owned subsidiary HS Orka hf ("HS Orka") has received positive results from the arbitration concerning the validity of a power purchase agreement between HS Orka and Norðurál Helguvík ehf ("Norðurál").
Nov 08, 2016 11:08 pm ET
Alterra Power Announces Results for the Quarter Ended September 30, 2016
(under IFRS and all amounts in US dollars unless otherwise stated)
Nov 08, 2016 11:08 pm ET
Alterra Power Announces Results for the Quarter Ended September 30, 2016
(under IFRS and all amounts in US dollars unless otherwise stated)
Oct 28, 2016 06:24 pm ET
Alterra Power Announces Release Date for the Third Quarter 2016 Results
VANCOUVER, Oct. 28, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended September 30, 2016 will be released on Tuesday, November 8, 2016 after market close. A conference call and live audio webcast to discuss the results will be held on Wednesday, November 9, 2016 at 11:30 am ET (8:30 am PT).
Oct 28, 2016 06:24 pm ET
Alterra Power Announces Release Date for the Third Quarter 2016 Results
VANCOUVER, Oct. 28, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended September 30, 2016 will be released on Tuesday, November 8, 2016 after market close. A conference call and live audio webcast to discuss the results will be held on Wednesday, November 9, 2016 at 11:30 am ET (8:30 am PT).
Oct 26, 2016 10:31 am ET
Alterra Power Announces Completion of $68 Million of Equity Financings
/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/
Oct 25, 2016 05:16 pm ET
Alterra Power Completes Refinancing of Icelandic Bond
VANCOUVER, Oct. 25, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) ("Alterra") is pleased to announce the completion of the refinancing the $72 million bond (all amounts USD) formerly held by Reykjavik Energy (Orkuveita Reykjavíkur, or "OR"). The principal under the original bond held by OR has been reduced to $36 million, and maturity has been extended to April 2018. A second bond for approximately $36 million, held by Alterra's Executive Chairman, Ross J. Beaty, will mature in October 2021. Both bonds are issued by a subsidiary of Alterra, and have no recourse to Alterra. All previously a
Oct 25, 2016 05:16 pm ET
Alterra Power Completes Refinancing of Icelandic Bond
VANCOUVER, Oct. 25, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra") is pleased to announce the completion of the refinancing the $72 million bond (all amounts USD) formerly held by Reykjavik Energy (Orkuveita Reykjavíkur, or "OR"). The principal under the original bond held by OR has been reduced to $36 million, and maturity has been extended to April 2018. A second bond for approximately $36 million, held by Alterra's Executive Chairman, Ross J. Beaty, will mature in October 2021. Both bonds are issued by a subsidiary of Alterra, and have no recourse to Alterra. All previ
Oct 11, 2016 11:23 pm ET
Alterra Power Secures Financing for Kokomo Solar Project
VANCOUVER, Oct. 11, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) ("Alterra") and Inovateus Solar LLC ("Inovateus") are pleased to announce the closing of a $8.9 million construction loan facility (all amounts USD) for the Kokomo solar project, an approximately 7 MWDC solar project located in Kokomo, Indiana (the "Project"). 
Oct 11, 2016 11:23 pm ET
Alterra Power Secures Financing for Kokomo Solar Project
VANCOUVER, Oct. 11, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra") and Inovateus Solar LLC ("Inovateus") are pleased to announce the closing of a $8.9 million construction loan facility (all amounts USD) for the Kokomo solar project, an approximately 7 MWDC solar project located in Kokomo, Indiana (the "Project"). 
Oct 06, 2016 09:23 am ET
Alterra Power Announces Upsizing of Previously Announced Financings
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Alterra Power Corp. ("Alterra") (TSX:AXY) has entered into a revised agreement with a syndicate of underwriters co-led by National Bank Financial Inc....
Oct 06, 2016 08:54 am ET
IIROC Trade Resumption - AXY
TORONTO, Oct. 6, 2016 /CNW/ - Trading resumes in:
Oct 05, 2016 04:26 pm ET
IIROC Trading Halt - AXY
TORONTO, Oct. 5, 2016 /CNW/ - The following issues have been halted by IIROC:
Oct 05, 2016 03:18 pm ET
Alterra Power Announces $50 Million of Equity Financings
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Alterra Power Corp. ("Alterra") (TSX:AXY) has entered into an agreement with a syndicate of underwriters co-led by National Bank Financial Inc. and...
Oct 03, 2016 12:44 pm ET
Alterra Power Completes Arrangements to Refinance $72 Million Icelandic Bond
VANCOUVER, Oct. 3, 2016 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce the completion of arrangements to refinance the $72 million bond (all amounts USD) held by Reykjavik Energy (Orkuveita Reykjavíkur, or "OR"), which matures in December 2016. The $36 million second tranche of the refinancing ("Tranche 2") will be supplied by Alterra's Executive Chairman and shareholder, Ross J. Beaty. An agreement for the first $36 million tranche ("Tranche 1") was executed with OR last week, as previously announced.
Oct 03, 2016 12:44 pm ET
Alterra Power Completes Arrangements to Refinance $72 Million Icelandic Bond
VANCOUVER, Oct. 3, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce the completion of arrangements to refinance the $72 million bond (all amounts USD) held by Reykjavik Energy (Orkuveita Reykjavíkur, or "OR"), which matures in December 2016. The $36 million second tranche of the refinancing ("Tranche 2") will be supplied by Alterra's Executive Chairman and shareholder, Ross J. Beaty. An agreement for the first $36 million tranche ("Tranche 1") was executed with OR last week, as previously announced.
Sep 30, 2016 10:00 am ET
Alterra Power Agrees to First Stage Refinancing of $72 Million Icelandic Bond
VANCOUVER, Sept. 30, 2016 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce it has reached agreement to refinance a portion of the approximately $72 million bond (all amounts USD) held by Reykjavik Energy (Orkuveita Reykjavíkur, or "OR"), which was scheduled to mature in December 2016.
Sep 30, 2016 10:00 am ET
Alterra Power Agrees to First Stage Refinancing of $72 Million Icelandic Bond
VANCOUVER, Sept. 30, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce it has reached agreement to refinance a portion of the approximately $72 million bond (all amounts USD) held by Reykjavik Energy (Orkuveita Reykjavíkur, or "OR"), which was scheduled to mature in December 2016.
Sep 21, 2016 10:00 am ET
Alterra Power Announces Term Conversion of Jimmie Creek Financing
VANCOUVER, Sept. 21, 2016 /CNW/ - Alterra Power Corp. ("Alterra") and funds managed by Axium Infrastructure Inc. ("Axium") are pleased to announce the conversion of the $176.5 million Jimmie Creek construction loan to a term loan.
Sep 21, 2016 10:00 am ET
Alterra Power Announces Term Conversion of Jimmie Creek Financing
VANCOUVER, Sept. 21, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") and funds managed by Axium Infrastructure Inc. ("Axium") are pleased to announce the conversion of the $176.5 million Jimmie Creek construction loan to a term loan.
Sep 07, 2016 07:44 pm ET
Alterra Power Announces Effective Date of Consolidation
VANCOUVER, Sept. 7, 2016 /CNW/ - Alterra Power Corp. ("Alterra" or the "Company") announced today that the previously announced consolidation of the Company's issued and outstanding common shares on the basis of one (new) post consolidation common share for each ten (old) pre-consolidation common shares (the "Consolidation") is effective September 6, 2017.  The Consolidation has been approved by the Toronto Stock Exchange (the "TSX") and a related bulletin was issued by the TSX on September 7, 2016.  Alterra's common shares are expected to begin trading on a consolidated basis on the TSX whe
Sep 07, 2016 07:44 pm ET
Alterra Power Announces Effective Date of Consolidation
VANCOUVER, Sept. 7, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra" or the "Company") announced today that the previously announced consolidation of the Company's issued and outstanding common shares on the basis of one (new) post consolidation common share for each ten (old) pre-consolidation common shares (the "Consolidation") is effective September 6, 2017.  The Consolidation has been approved by the Toronto Stock Exchange (the "TSX") and a related bulletin was issued by the TSX on September 7, 2016.  Alterra's common shares are expected to begin trading on a consolidated basis on the
Aug 30, 2016 10:00 am ET
Alterra Power Announces Inaugural Dividend Plan and Share Consolidation
VANCOUVER, Aug. 30, 2016 /CNW/ -  Alterra Power Corp. ("Alterra") is pleased to announce that its Board of Directors has approved plans for an annual cash dividend of $0.005 per common share, payable quarterly commencing in the fourth quarter of 2016. The record date and other details will be announced separately.
Aug 30, 2016 10:00 am ET
Alterra Power Announces Inaugural Dividend Plan and Share Consolidation
VANCOUVER, Aug. 30, 2016 /PRNewswire/ -  Alterra Power Corp. ("Alterra") is pleased to announce that its Board of Directors has approved plans for an annual cash dividend of $0.005 per common share, payable quarterly commencing in the fourth quarter of 2016. The record date and other details will be announced separately.
Aug 09, 2016 11:01 pm ET
Alterra Power Announces Results for the Quarter Ended June 30, 2016
(under IFRS and all amounts in US dollars unless otherwise stated)
Aug 09, 2016 11:01 pm ET
Alterra Power Announces Results for the Quarter Ended June 30, 2016
(under IFRS and all amounts in US dollars unless otherwise stated)
Aug 03, 2016 10:00 am ET
Alterra Power and Axium Infrastructure Begin Commercial Operations at the Jimmie Creek Project
VANCOUVER, Aug. 3, 2016 /CNW/ - Alterra Power Corp. ("Alterra") and funds managed by Axium Infrastructure Inc. ("Axium") are pleased to announce the commencement of full commercial operations at the Jimmie Creek run-of-river hydroelectric project. The 62 MW Jimmie Creek project is now selling 100% of its renewable power under a 40-year energy purchase agreement with BC Hydro that expires in 2056. Alterra (51%) and Axium (49%) co-own the project, which is operated by Alterra in cooperation with our partners, Klahoose First Nation, Tla'amin Nation, and shíshálh Nation.
Aug 03, 2016 10:00 am ET
Alterra Power and Axium Infrastructure Begin Commercial Operations at the Jimmie Creek Project
VANCOUVER, Aug. 3, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") and funds managed by Axium Infrastructure Inc. ("Axium") are pleased to announce the commencement of full commercial operations at the Jimmie Creek run-of-river hydroelectric project. The 62 MW Jimmie Creek project is now selling 100% of its renewable power under a 40-year energy purchase agreement with BC Hydro that expires in 2056. Alterra (51%) and Axium (49%) co-own the project, which is operated by Alterra in cooperation with our partners, Klahoose First Nation, Tla'amin Nation, and shíshálh Nation.
Jul 29, 2016 02:25 pm ET
Alterra Power Announces Release Date for the Second Quarter 2016 Results
VANCOUVER, July 29, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended June 30, 2016 will be released on Tuesday, August 9, 2016 after market close. A conference call and live audio webcast to discuss the results will be held on Wednesday, August 10, 2016 at 11:30 am ET (8:30 am PT).
Jul 29, 2016 02:25 pm ET
Alterra Power Announces Release Date for the Second Quarter 2016 Results
VANCOUVER, July 29, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended June 30, 2016 will be released on Tuesday, August 9, 2016 after market close. A conference call and live audio webcast to discuss the results will be held on Wednesday, August 10, 2016 at 11:30 am ET (8:30 am PT).
Jul 20, 2016 10:00 am ET
Alterra Power Agrees to Acquire 20 MW Solar Portfolio
VANCOUVER, July 20, 2016 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce that it has reached an agreement with Inovateus Solar LLC to acquire an 80% ownership interest in a two-project 20 MWDC portfolio of solar farms in the Midwestern United States. Both projects are contracted under long-term, investment-grade power purchase agreements. Alterra is actively developing and arranging financing for the first project , a 7 MWDC site located in Indiana that is expected to finish construction by the end of 2016. The second project, a 13 MWDC site located in Michigan, is expected to
Jul 20, 2016 10:00 am ET
Alterra Power Agrees to Acquire 20 MW Solar Portfolio
VANCOUVER, July 20, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce that it has reached an agreement with Inovateus Solar LLC to acquire an 80% ownership interest in a two-project 20 MWDC portfolio of solar farms in the Midwestern United States. Both projects are contracted under long-term, investment-grade power purchase agreements. Alterra is actively developing and arranging financing for the first project , a 7 MWDC site located in Indiana that is expected to finish construction by the end of 2016. The second project, a 13 MWDC site located in Michigan, is expe
Jul 14, 2016 05:48 pm ET
Alterra Power Arranges Extension to Iceland Bond
VANCOUVER, July 14, 2016 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce that it has reached an agreement with two Icelandic investment funds to extend by one year the maturity of a bond with an approximate value of US$55 million, which will now be payable on July 16, 2017.  The bond was originally assumed by Alterra when it acquired a 52% stake in its subsidiary HS Orka hf in September 2010.
Jul 14, 2016 05:48 pm ET
Alterra Power Arranges Extension to Iceland Bond
VANCOUVER, July 14, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce that it has reached an agreement with two Icelandic investment funds to extend by one year the maturity of a bond with an approximate value of US$55 million, which will now be payable on July 16, 2017.  The bond was originally assumed by Alterra when it acquired a 52% stake in its subsidiary HS Orka hf in September 2010.
Jul 05, 2016 10:00 am ET
Alterra Power's Jimmie Creek Project Achieves Full 62 MW Output
VANCOUVER, July 5, 2016 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce that its newest power plant, the Jimmie Creek run-of-river hydroelectric project that has been under construction since 2014, achieved its full capacity output of 62 MW for the first time on June 29. On the same day, Alterra's East Toba and Montrose plants achieved 238 MW of gross output, for a total of 300 MW of output from the three plants, which Alterra co-owns with funds managed by Axium Infrastructure, Inc.
Jul 05, 2016 10:00 am ET
Alterra Power's Jimmie Creek Project Achieves Full 62 MW Output
VANCOUVER, July 5, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce that its newest power plant, the Jimmie Creek run-of-river hydroelectric project that has been under construction since 2014, achieved its full capacity output of 62 MW for the first time on June 29. On the same day, Alterra's East Toba and Montrose plants achieved 238 MW of gross output, for a total of 300 MW of output from the three plants, which Alterra co-owns with funds managed by Axium Infrastructure, Inc.
Jun 16, 2016 10:00 am ET
Alterra Power Acquires 200 MW Flat Top Wind Development Project
VANCOUVER, June 16, 2016 /CNW/ - Alterra Power Corp. ("Alterra") is pleased to announce the acquisition of the Flat Top wind project, a 200 MW wind farm under development in Comanche County and Mills County, Texas. Concurrently with closing, Alterra placed a US$1.6 million security deposit with the local transmission provider.
Jun 16, 2016 10:00 am ET
Alterra Power Acquires 200 MW Flat Top Wind Development Project
VANCOUVER, June 16, 2016 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce the acquisition of the Flat Top wind project, a 200 MW wind farm under development in Comanche County and Mills County, Texas. Concurrently with closing, Alterra placed a US$1.6 million security deposit with the local transmission provider.
May 10, 2016 11:28 pm ET
Alterra Power Announces Results for the Quarter Ended March 31, 2016 and Annual General Meeting
 (under IFRS and all amounts in US dollars unless otherwise stated)
May 10, 2016 11:28 pm ET
Alterra Power Announces Results for the Quarter Ended March 31, 2016 and Annual General Meeting
 (under IFRS and all amounts in US dollars unless otherwise stated)
Apr 26, 2016 09:59 pm ET
Alterra Power Announces Landmark Deep Drilling Project in Iceland
VANCOUVER, April 26, 2016 /CNW/ - Alterra Power Corp.'s Icelandic subsidiary HS Orka today announced details of a 5,000 meter deep drilling program at its 100 megawatt Reykjanes geothermal power plant. The US$11.5 million project will be funded by a consortium including Norway's national energy company Statoil, a grant from the European Union of €6.2 million, two other Icelandic power companies including the state-owned Landsvirkjun and several other European entities. HS Orka's share of the project budget is approximately US$2.3 million.
Apr 26, 2016 09:59 pm ET
Alterra Power Announces Landmark Deep Drilling Project in Iceland
VANCOUVER, April 26, 2016 /PRNewswire/ - Alterra Power Corp.'s Icelandic subsidiary HS Orka today announced details of a 5,000 meter deep drilling program at its 100 megawatt Reykjanes geothermal power plant. The US$11.5 million project will be funded by a consortium including Norway's national energy company Statoil, a grant from the European Union of €6.2 million, two other Icelandic power companies including the state-owned Landsvirkjun and several other European entities. HS Orka's share of the project budget is approximately US$2.3 million.
Apr 26, 2016 03:18 pm ET
Alterra Power Announces Release Date for the First Quarter 2016 Results
VANCOUVER, April 26, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended March 31, 2016 will be released on Tuesday, May 10, 2016 after market close. A conference call and live audio webcast to discuss the results will be held on Wednesday, May 11, 2016 at 11:30 am ET (8:30 am PT).
Apr 26, 2016 03:18 pm ET
Alterra Power Announces Release Date for the First Quarter 2016 Results
VANCOUVER, April 26, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that its results for the quarter ended March 31, 2016 will be released on Tuesday, May 10, 2016 after market close. A conference call and live audio webcast to discuss the results will be held on Wednesday, May 11, 2016 at 11:30 am ET (8:30 am PT).
Mar 16, 2016 12:57 am ET
Alterra Power Announces Results for the Year Ended December 31, 2015
(under IFRS and all amounts in US dollars unless otherwise stated)
Mar 16, 2016 12:57 am ET
Alterra Power Announces Results for the Year Ended December 31, 2015
(under IFRS and all amounts in US dollars unless otherwise stated)
Feb 25, 2016 01:20 pm ET
Alterra Power Announces Release Date of Audited Results for the Year Ended December 31, 2015
VANCOUVER, Feb. 25, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its audited results for the year ended December 31, 2015 will be released on Tuesday, March 15, 2016 after market close. A conference call and live audio webcast to discuss the results will be held on Wednesday, March 16, 2016 at 11:30 am ET (8:30 am PT).
Feb 25, 2016 01:20 pm ET
Alterra Power Announces Release Date of Audited Results for the Year Ended December 31, 2015
VANCOUVER, Feb. 25, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces that its audited results for the year ended December 31, 2015 will be released on Tuesday, March 15, 2016 after market close. A conference call and live audio webcast to discuss the results will be held on Wednesday, March 16, 2016 at 11:30 am ET (8:30 am PT).
Feb 22, 2016 11:11 pm ET
Alterra Power Announces HS Orka's 2015 Annual Financial Results
VANCOUVER, Feb. 22, 2016 /CNW/ - Alterra Power Corp. (TSX: AXY) ("Alterra") announces that its 66.6% owned Icelandic subsidiary, HS Orka hf, today released audited financial and operating results for the twelve-month period ended December 31, 2015. HS Orka's financial statements are prepared in accordance with International Financial Reporting Standards (as adopted by the European Union), are reported in Icelandic Krona (ISK), and can be found at http://www.hsorka.is.
Feb 22, 2016 11:11 pm ET
Alterra Power Announces HS Orka's 2015 Annual Financial Results
VANCOUVER, Feb. 22, 2016 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra") announces that its 66.6% owned Icelandic subsidiary, HS Orka hf, today released audited financial and operating results for the twelve-month period ended December 31, 2015. HS Orka's financial statements are prepared in accordance with International Financial Reporting Standards (as adopted by the European Union), are reported in Icelandic Krona (ISK), and can be found at http://www.hsorka.is.