Alterra Power Announces Execution of Project Contracts for Flat Top Wind Farm

Alterra Power Corp. is pleased to announce the execution of several project contracts at Flat Top, a 200 MW wind development project in central Texas. Contracts executed within the last week include:

Turbine supply agreement with Vestas-American Wind Technology, Inc. to supply 100 V110-2.0 MW wind turbines, which are part of the Vestas 2 MW turbine platform, one of the most well-proven turbines in the industry;

•     10-year service and maintenance agreement with Vestas, which provides similar services at Alterra's Dokie wind farm; and
•     Construction services agreement with Blattner Energy, Inc., a top-tier EPC contractor that built the nearby Logan's Gap wind farm.

Alterra is also currently negotiating a power hedge as Flat Top's primary revenue contract.