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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 > Greenbriar Capital

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Post by RDK241t on Jun 05, 2016 7:38am

Greenbriar Capital

Does anyone know what's happening with Greenbriar Capital? I believe Alterra Power owns 684,000 shares in Greenbriar which is currently at .50/share. Would these two companies be better off merging into one larger company?

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Comment by BoldForbes on Jun 05, 2016 1:56pm

RDK, I haven't heard of Greenbriar in a few years if memory serves. From the initial look of it, Greenbriar has a larger loss problem than Alterra (but I dont know the company that well). The market cap is only ~$6.6M; not sure how Alterra wins in a merge. Perhaps AXY picks up solar experience and replaces current team, but not sure the GRB team is any better. I did ...more

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Comment by RDK241t on Jun 05, 2016 2:40pm

Thanks for the reply. I thought maybe Alterra could merge with or buy Greenbriar assets to grow the company faster rather than develop assets from scratch. Here is the link pertaining to Alterra share acquisition of Greenbriar: https://renewables.seenews.com/news/alterra-power-secures-10-4-stake-in-greenbriar-capital-439054

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