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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 Nov 03, 2017 3:26pm
130 Views
Post# 26902962

Webcast

WebcastDid anyone else listen too it?

I may be reading between the lines, but it sounded as if AXY has a solid pipeline, but couldn't get the long-term funding down (cost of capital too high); so they merged \ got bought out by someone who could fund the projects.

If INE can fund the projects and reduce the costs of capital, it may be not only a good dividend investment, but a growth opportunity...It will be interesting to see who INE keeps on its management team...

As long as INE can execute and can continue the dividend at the current and increasing rate I will be a happy investor.

BF
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