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Latest Geothermal power in Canada Stories

2014-07-22 08:25:12

TSX : AXY VANCOUVER, July 22, 2014 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to announce that the Dokie 1 wind farm re-commenced full operations on July 18. The project temporarily suspended operations on July 16 because of a nearby forest fire. The fire did not enter the project area. Further risk from the fire has been substantially reduced due to cool, wet weather and the construction of firebreaks and the deployment of fire protection personnel from the...

2014-07-17 08:24:26

VANCOUVER, July 17, 2014 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to announce that the Toba Montrose credit agreement has been amended to remove an insurance-related waiver, paving the way for the resumption of regular equity distributions from the project. The project partnership had previously agreed with its lenders to temporarily suspend distributions until satisfactory resolution of insurance-related issues related to a naturally-occurring rockslide at the...

2014-07-08 08:23:06

TSX : AXY VANCOUVER, July 8, 2014 /PRNewswire/ - Alterra Power Corp. is pleased to provide the following updates on its near-term growth projects and financing plans: Jimmie Creek Hydro: Alterra has executed all major contracts for this 62 MW run-of-river hydroelectric project in coastal British Columbia. Full construction is underway, with nearly 100 workers currently active at the site. Road and bridge construction is now complete and work is well underway at the intake...

2014-05-15 16:23:52

TSX : AXY VANCOUVER, May 15, 2014 /PRNewswire/ - Alterra Power Corp. ("Alterra" or the "Company") is pleased to announce that Kerri Fox has been appointed to its Board of Directors. Ms. Fox has nearly 20 years of project finance experience across the energy and infrastructure space, including renewable power. She currently heads BBVA's North American project finance team. Ms. Fox replaces Walter Segsworth who retired from the Board. Mr. Segsworth served on the Board of Alterra...

2014-05-13 00:20:53

TSX : AXY (under IFRS and all amounts in US dollars unless otherwise stated) VANCOUVER, May 12, 2014 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2014. For further information on these results please see Alterra's Unaudited Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis. Alterra consolidates 100% of the...

2014-05-05 08:23:21

NEWS RELEASE TSX : AXY VANCOUVER, May 5, 2014 /PRNewswire/ - Alterra Power Corp. is pleased to announce the appointment of Shannon Webber as General Counsel, effective May 20, 2014. Ms. Webber brings over ten years of experience at Borden Ladner Gervais where she focused on securities, finance, M&A, and project-related matters for power and mining companies. John Carson, Alterra's Chief Executive Officer, said, "We are excited to have Shannon join our team. She worked with...

2014-03-28 00:21:39

(under IFRS and all amounts in US dollars unless otherwise stated) TSX : AXY VANCOUVER, March 27, 2014 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) ("Alterra" or the "Company") is pleased to report its financial and operating results for the year ended December 31, 2013. For further information on these results please see Alterra's Consolidated Financial Statements and Management's Discussion and Analysis. Alterra consolidates 100% of the results of operations at HS Orka...

2014-02-26 00:20:49

TSX : AXY VANCOUVER, Feb. 25, 2014 /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, 2013. 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...

2014-02-24 08:23:45

TSX : AXY VANCOUVER, Feb. 24, 2014 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) has completed the acquisition of 100% of the Shannon wind project, a 202 MW wind farm in late-stage development in Clay County, Texas. Alterra acquired the project from Horn Wind, LLC, a north Texas early-stage wind developer that has successfully developed two other wind farms in the region. Last week, Alterra also placed a $4.5 million cash deposit with Oncor, the project's transmission service...

2014-01-16 08:23:02

VANCOUVER, Jan. 16, 2014 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) announces the completion of a further joint venture with Energy Development Corporation (EDC) covering the remainder of Alterra's geothermal development assets in Peru. Under the agreement, EDC will get a 70% interest in the development asset portfolio and will be funding 100% of the next $6 million of development costs. Next activities for these concessions will include advanced exploration activities designed...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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