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.

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Alterra Power > 2016 Year end Now available on Sedar!

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Comment by dstoddarton Mar 16, 2017 12:07am

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Post# 25986181

RE:RE:RE:2016 Year end Now available on Sedar!

BoldForbes,

Thank you I have been checking all day for these.

I just spent some time reading between the lines and I agree that these were positive results.

Comparing Generation(MWh) year over year it seems like managment placed a budget that was very steep.
In 2015 they generated 2.38 million (MWh) and in 2016 3.12 million (MWh) thats a 31% increase yoy!

They had a net loss of (1.1) compared to (17) million in 2015. Personally I feel that alone is a great improvement, while they are expecting to generate 91 million in revenue for 2017 compared to the recent 61 million.

Goodluck tomorrow.