OTCPK:MGMXD - Post by User
Post by
R_J_on May 27, 2017 1:41am
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Post# 26291477
News - Flat Top - Power 'hedge' agreement.
News - Flat Top - Power 'hedge' agreement.Alterra Power Signs Revenue Contract for Flat Top Project -
https://www.alterrapower.ca/news/Press-Release/News-Releases/News-Releases-Details/2017/Alterra-Power-Signs-Revenue-Contract-for-Flat-Top-Project/default.aspx -
“Alterra Power Corp. is pleased to announce the signing, via a wholly-owned project subsidiary, of a 13-year power hedge agreement with an affiliate of Citi for its 200 MW Flat Top wind project.” -
I assume this is equivalent to a power purchase agreement.
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Another important milestone checked off,
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RJ