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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 > Axy this is the time

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Post by Newstock44 on Nov 26, 2014 9:48am

Axy this is the time

I think with the refinance on the long term debt, saves them 1.5 million per quarter, and the .23 cent share right off it the first quarter is done, that they will show a 2-3 cents per share profit in the last quarter..and they will never look back!!

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Comment by carinthian on Nov 26, 2014 10:58am

Hi! Can you please give me the source where it is stated that they did refinance their long term debt? As far as I can see there are still 128mio of bonds due in 2016 on which I haven't heard a word how the plan to refinance this thing. Given the fact that the HoldCo's 56,7 mio loan pays 6,5%+ I highly doubt that they will be able to achieve 1,5%/3,5% on the refinancing ...more

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