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Bullboard - Stock Discussion Forum 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 Discussion

Alterra Power > Article: Big Increase For US Solar In 2016
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Post by BoldForbes on Sep 12, 2016 9:30am

Article: Big Increase For US Solar In 2016

Interesting Read this morning.  The US might be turning the corner on the solar front.  This could be a good sign for future Alterra deals.

https://www.cnbc.com/2016/09/12/big-increase-for-us-solar-in-2016-report.html

Enjoy,

Bold Forbes
Comment by RockLobster1 on Sep 12, 2016 8:09pm
Yes I think solar is going to be the best power source in time...  what % of AXY business is soalr vs other? Any other solar favorites? thanks
Comment by BoldForbes on Sep 14, 2016 11:07am
RockLobster1, Good questions.  Per the Alterra website currently zero solar power plants.  They sold out of their solar portfolio over the past few years; sometimes retaining future development rights (if memory serves). I believe they are no longer in any relationship with Greenbrier for a JV in solar either (from a year or two ago). A few months ago they announced a 20 MWDC power ...more  
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