Alterra purchases Ontario solar power project

Alterra purchases 50 Mw ABW Solar power project in Ontario GE Financial Services First Solar

Alterra Power Group has completed the purchase of the 50 MW ABW Solar project in Ontario in partnership with GE Financial Services (NYSE: GE), the company announced Monday.

The project, which commenced commercial operations earlier this year, was developed and sold by First Solar Inc (Nasdaq: FSLR). Alterra will be the managing partner for the facility and hold a 10 percent interest.

Alterra CEO John Carson said the transaction opens the door for the company to pursue other solar opportunities while continuing its growth in wind, hydro and geothermal power.

Read more solar energy news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...