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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Utilities Utilities - Independent Power Producers
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 > Financial results for quarter ending June 30, 2017
View:
Post by RDK241t on Aug 11, 2017 7:32am

Financial results for quarter ending June 30, 2017

Looks good

https://finance.yahoo.com/news/alterra-power-announces-results-quarter-033000961.html?.tsrc=applewf

Net Interest Results

Alterra's net interest revenue increased by $3.6 million to $22.2 million and net interest Adjusted EBITDA increased 31% to $11.2 million in the current quarter primarily due to first time output from the Jimmie Creek and Kokomo projects, stronger generation at Shannon, and lower general and administrative costs as a result of non-recurring legal fees associated with the HS Orka arbitration that occurred in the comparative quarter.

Comment by BoldForbes on Aug 11, 2017 7:51am
I read very early this morning and I was very pleased! Not much time to post anything, but those who complained about currency for years hurting ACT, it looks as it the tide is turning! Patience is a virtue, BF
Alterra Power