Alterra sells stake in ABW solar project

Alterra Power Corp.

Alterra Power Corp. announced it has sold its 10 percent stake in the 50-MW ABW solar power project to a consortium led by Fiera Axium Infrastructure, Inc. The project is located in Ontario, Canada.

According to a statement from Alterra CEO John Carson, Alterra is continuing to look at other profitable solar opportunities in 2014, although the company’s primary focus is placing a hydropower and wind power project into construction.

Alterra had purchased its stake in the ABW solar power project in August.

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

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...