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Alterra Power MGMXD

Utilities Utilities - Independent Power Producers
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

Alterra Power > Up jimmy creek
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Comment by R_J_on Sep 29, 2016 11:27am
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Post# 25290658

RE:RE:Up jimmy creek

RE:RE:Up jimmy creekAlterra Power Announces Term Conversion of Jimmie Creek Financing

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https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2016/Alterra-Power-Announces-Term-Conversion-of-Jimmie-Creek-Financing/default.aspx
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Louis James Comments
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This is largely as expected, but important to note as it officially marks the project's successful transition from construction and into the (40-years) operations phase.
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Hopefully, increased free cash flow from the Shannon Wind Farm and the Jimmy Creek hydro project will help Alterra pay this off early, if it so deems fit.
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End Quote.
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RJ
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