Alterra Power MGMXD

RE:End Game

[BoldForbes]

RJ,

The articles I have been reading (long-story short) seem to state the INE dividend is safe and most likely growing although the payout ratio is high.

Additionally, the long-term debt has significantly increased in the past several years and the articles wonder where the growth is going to come from.

It appears as if AXY helps solve the growth and pipeline issue for INE; INE solves the cost of capital issue for AXY.

This appears to be a merger and stock buyback, not really an acquisition.  Perhaps the term acquision was used to let everyone know who was going to be in charge afterwards?

"We are the heros"  => I will take the victory and lock in the great dividend rate per my cost basis.  If AXY\INE brings growth there could be an interesting story and upside reward to the stock.  Let the dividend pay for my patience until renewable energy and the utility sectors come back into vogue.  This could lead to a future sale and celebration.

Enjoy the transition and ride,

BF