Sunday, November 15, 2015

Alterra Power reports third quarter earnings


Nothing earth shattering happened. The company continues to advance their projects. The Shannon 204MW wind farm should be commercial by yearend. The Jimmie Creek hydro project in British Columbia is continuing to progress and should be online next summer.

On the conference call the management was asked about a dividend. They said it will be considered but were not definitive. The company remains undervalued and their renewable projects continue to perform as planned. This is a long term holding that should do well over time.

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