in News Departments > Projects & Contracts
print the content item

Alterra Power Corp. has sold half of its 51% interest in the Dokie 1 wind farm to Fiera Axium Western Energy.

According to Alterra, the company received C$28.6 million from the sale and may receive further earn-out payments of up to C$2.3 million over the next three years, depending on asset performance.

Alterra will retain 25.5% ownership of Dokie 1 and will continue to operate and manage the project.

Alterra Power operates six power plants totaling 566 MW of generation capacity, including British Columbia's largest run-of-river hydro facility and largest wind farm, two geothermal facilities in Iceland, and a Nevada-based geothermal plant.


Trachte Inc._id1770
Latest Top Stories

Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.


Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.


Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?

Renewable NRG_id1934
Canwea_id1984
UnitedEquip_id1995
Future Energy_id2008