OTCPK:MGMXD - Post by User
Post by
RDK241ton Aug 11, 2017 7:32am
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Post# 26569830
Financial results for quarter ending June 30, 2017
Financial results for quarter ending June 30, 2017Looks good
https://finance.yahoo.com/news/alterra-power-announces-results-quarter-033000961.html?.tsrc=applewf
Net Interest Results
Alterra's net interest revenue increased by $3.6 million to $22.2 million and net interest Adjusted EBITDA increased 31% to $11.2 million in the current quarter primarily due to first time output from the Jimmie Creek and Kokomo projects, stronger generation at Shannon, and lower general and administrative costs as a result of non-recurring legal fees associated with the HS Orka arbitration that occurred in the comparative quarter.