Alterra Power Receives Initial Return of Capital from Shanno
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Alterra Power Receives Initial Return of Capital from Shannon Project

Alterra Power Corp. (TSX: AXY) is pleased to announce the receipt of a US$3.5 million return of capital from the Shannon project representing unused contingency following retirement of the construction loan. Alterra expects up to US$1.0 million in further such funds pending the resolution of certain construction insurance-related matters. Regular operating distributions from the project are expected to commence in early 2016.

Gas and Steam Turbine: Global Markets

Gas and Steam Turbine: Global Markets

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Publishdate:
Dec 29, 2015
Alterra Power Corporation
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