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Company News

BRIEF-Alterra Power announces final settlement of Icelandic bond

July 28 (Reuters) - Alterra Power Corp:

* Alterra Power Corp sees 2018 generation 1,886 GWh

* Alterra Power announces final settlement of Icelandic bond

* Says Magma Energy Sweden entered into an agreement to settle its US$71.3 million non-recourse bond

* Says upon completion of agreement, Alterra’s ownership stake in HS Orka will be reduced from 66.6% to 53.9%

* Alterra Power Corp sees 2017 revenue $86.5 million

* Alterra Power Corp sees 2018 revenue $92.2 million

* Alterra Power Corp FY2017 revenue view $83.1 million -- Thomson Reuters I/B/E/S

* Alterra Power Corp sees 2017 adjusted EBITDA $47.2 million

* Alterra Power Corp sees 2017 generation 1,526 GWh

* Alterra Power Corp sees 2018 adjusted EBITDA $51.9 million

* Says revised forecasts reflect ownership change in HS Orka as of July 2017 Source text for Eikon: Further company coverage:

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