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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

Post by BoldForbeson Apr 11, 2016 7:26pm
136 Views
Post# 24754199

Major US Utility Is Bullish on Solar & Wind

Major US Utility Is Bullish on Solar & WindSouthern Company CEO is bullish on solar and wind!

https://finance.yahoo.com/video/southern-company-ceo-bullish-solar-185002755.html

Perhaps the future of Utility companies are not a pure play of renewable or traditional; it seems like large US utilities (Souther Company SO and Duke Energy DUK) are buying renewal investments.  yes, partly due to tax benefits, but I believe they are seeming a mix of all gas, oil, nuclear mixed with a variety renewables.  Coals appears to continue to be on the way out.

Perhaps the future of AXY is with a major utility.  This is not want Ross B. wants, but if it expedites shareholder return I could be for it.

Enjoy the race,

Bold Forbes
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