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Latest Hydroelectricity in Canada Stories

2014-07-24 08:38:08

MONTREAL, July 24, 2014 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded the engineering, procurement and construction management (EPCM) contract for the Jimmie Creek hydro project in British Columbia by Plutonic Upper Toba Holdings Inc., a subsidiary of Alterra Power Corporation (TSX: AXY), which will own the project in partnership with a fund managed by Fiera Axium Infrastructure, Inc. SNC-Lavalin's contract is valued at $30.5 million. The...

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...

2014-07-14 08:28:30

MONTREAL, July 14, 2014 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a contract by Manitoba Hydro to design and build the Keewatinoow 230-kV AC Switchyard located 775 kilometres northeast of Winnipeg. Valued at $112 million, this is the largest fixed-price EPC contract ever issued by Manitoba Hydro. Keewatinoow will transfer power from the Nelson River's northern generating stations to Manitoba Hydro's customers in the south via 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...

2014-05-09 16:21:58

TSX : SXI VANCOUVER, May 9, 2014 /CNW/ - For the nine months ended March 31, 2014, revenue was $3,949,249 as compared to $3,708,113 for the nine months ended March 31, 2013. The increase in revenue is due to increases in sales from the Mears Plant, Kyuquot Utility and Engineering Division partly offset by decreases in the electricity sales from the Barr and Cypress Plants. The net loss attributable to shareholders of the Company for the nine months ended March 31, 2014...

2014-05-06 08:25:25

PARIS, ON, May 6, 2014 /CNW Telbec/ - ANDRITZ HYDRO has formed a new company, Andritz Hydro AFI Inc., for the purchase of assets from former AFI Hydro Inc., of Paris Ontario, Canada who entered receivership February 24, 2014. The company has been successful as a supplier for all types of gates for hydroelectric facilities and water control structures including repairs and replacements. They have supplied gates for a variety of Ontario Power Generation (OPG) plants over the years...

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...


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