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Alterra Power Announces Release Date for Second Quarter 2012 Results

August 2, 2012

VANCOUVER, Aug. 2, 2012 /PRNewswire/ – Alterra Power Corp. (TSX: AXY) announces
that its results for the three months ending June 30, 2012 will be
released on Monday, August 13, 2012 after markets close. A conference
call and live audio webcast to discuss the results will be held on
Tuesday, August 14, 2012 at 11:30 am ET (8:30 am PT).

Conference Call and Webcast Information for Second Quarter 2012 Results
to June 30, 2012


    Date:  Tuesday, August 14, 2012

    Time:  11:30 am Eastern Time / 8:30 am Pacific Time

    Dial-In Numbers:

           North American
           toll-free        1-888-231-8191
           number:   

           Switzerland
           toll-free        0-800-835-354
           number:    

           Germany
           toll-free        0-800-183-0171
           number:    

           Austria
           toll-free        0-800-297-216
           number:   

           France toll-free 0-800-917-449
           number:    

           United Kingdom
           toll-free        0-800-051-7107
           number:   

    Conference ID:

           1657 2147

    Audio Webcast:

           A live audio webcast can be accessed at:

http://www.newswire.ca/en/webcast/detail/1014127/1095799

    Playback Available for One Week Following the Call:

           North American
           toll-free and    1-855-859-2056 / 1-416-849-0833
           international:  

           Replay PIN       1657 2147
           number:     

About Alterra Power Corp.   

Alterra Power Corp. is a leading global renewable energy company.  We
operate six power plants totaling 567 MW of capacity, including two
geothermal facilities in Iceland, a geothermal plant in Nevada, British
Columbia’s largest run-of-river hydro facilities and the province’s
largest wind farm. Our 298 MW share of production capacity generates
approximately 1,400 GWh of clean power annually. We have an extensive
portfolio of exploration and development projects, a skilled
international team of developers, explorers, builders and operators and
the financial capacity to support our growth plans.

Cautionary Note regarding Forward-Looking Statements and Information
Certain statements included in this news release may contain information
that is forward-looking within the meaning of certain securities laws,
including information and statements regarding prospective results of
operations, financial position, cash flows or growth potential.  These
statements are based on factors or assumptions that were applied in
drawing a conclusion or making a forecast or projection, including
assumptions based on historical trends, current conditions and expected
future developments. Since forward-looking statements relate to future
events and conditions, by their very nature they require making
assumptions and involve inherent risks and uncertainties. Alterra
cautions that although it is believed that the assumptions are
reasonable in the circumstances, these risks and uncertainties give
rise to the possibility that actual results may differ materially from
the expectations set out in the forward-looking statements. Material
risk factors include those set out in the management’s discussion and
analysis section of Alterra’s most recent annual report and quarterly
report, and in Alterra’s Annual Information Form. Given these risks,
undue reliance should not be placed on these forward-looking
statements, which apply only as of their dates. Other than as
specifically required by law, Alterra undertakes no obligation to
update any forward-looking statements or information to reflect new
information, subsequent or otherwise.

SOURCE Alterra Power Corp.


Source: PR Newswire