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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Comment by carinthianon Apr 24, 2014 9:41am
178 Views
Post# 22485508

RE:NR

RE:NR
Hm... I am disappointed to be honest. I really did wish for them to take a bigger share of this thing.

So the wind plant in Texas will be 49% Alterra and 51% Fiera I'd bet.

Maybe at least so they will not need to do a huge financing on the holding level...

Nevertheless this is not what I wished for. Hopefully then they put the money they did save in developing a pipeline and not start to pay a dividend or such nonsense...

Would be nice to get some news on what other projects they plan to realize in the next quarterly call.

Just my personal thoughts. DYODD
carinthian
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