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.

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