Profile: Alterra Power Corp (AXY.TO)

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Alterra Power Corp., formerly Magma Energy Corp., is a global renewable power company. It operates six power plants totaling 570 megawatt of capacity, including two geothermal facilities in Iceland, a geothermal plant in Nevada, British Columbia’s run of river hydro facilities and the province’s wind farm. As of June 30, 2011, its share of this production capacity was 315 megawatt. The Company also has a portfolio of exploration and development projects. The Company owns two geothermal power generation plants (the Svartsengi and Reykjanes Plants) and two geothermal exploration projects in Iceland (Eldvorp and Krysuvik) through its interest in HS Orka. In addition, it owns one geothermal power generation plant in Nevada (the Soda Lake Operation). In February 2014, Alterra Power Corp. completed the acquisition of 100% interest of Shannon wind project, a 202 megawatt wind farm in late-stage development in Clay County, Texas.

Company Address

Alterra Power Corp

Suite 600, 888 Dunsmuir Street
P: +1604.6694999
F: +1604.6823727

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