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February 09, 2016 7:14 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Alterra Power Corp.

Company Overview

Alterra Power Corp., together with its subsidiaries, owns, acquires, develops, and operates renewable power projects. The company operates power plants totaling 553 MW of capacity, including 2 geothermal facilities in Iceland; a 235 MW run-of-river hydro facility; and a 144 MW wind facility in British Columbia. It was formerly known as Magma Energy Corp. and changed its name to Alterra Power Corp. in May 2011. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.

888 Dunsmuir Street

Suite 600

Vancouver, BC V6C 3K4


Founded in 2008

141 Employees





Key Executives for Alterra Power Corp.

Chief Executive Officer and Director
Total Annual Compensation: $412.9K
Chief Financial Officer
Total Annual Compensation: $198.3K
Vice President of Hydro Power
Total Annual Compensation: $265.0K
Vice President of Wind and Geothermal Power
Total Annual Compensation: $262.0K
Vice President of Solar Power and Engineering
Total Annual Compensation: $219.1K
Compensation as of Fiscal Year 2014.

Alterra Power Corp. Key Developments

Alterra Power Corp. Presents at 7th Annual Canadian Power Finance Conference, Jan-21-2016 10:45 AM

Alterra Power Corp. Presents at 7th Annual Canadian Power Finance Conference, Jan-21-2016 10:45 AM. Venue: The Ritz-Carlton, Toronto, Ontario, Canada. Speakers: John B. Carson, Chief Executive Officer and Director.

Alterra Power Corp. Presents at Vancouver Resource Investment Conference, Jan-24-2016 through Jan-25-2016

Alterra Power Corp. Presents at Vancouver Resource Investment Conference, Jan-24-2016 through Jan-25-2016. Venue: Vancouver Convention Centre West, 1055 Canada Place, Vancouver, BC, V6C 0C3, Canada. Presentation Date & Speakers: Jan-25-2016, Ross J. Beaty, Executive Chairman.

Norðurál Helguvik Ehf Files Case in the Supreme Court of British Columbia Against Alterra Power Corp. Regarding 2007 Iceland Power Contract

Alterra Power Corp. announced that Norðurál Helguvik ehf has filed an action in the Supreme Court of British Columbia against Alterra regarding a 2007 power sales contract between Alterra's Icelandic subsidiary, HS Orka hf., and Norðurál. This is the second action filed against Alterra by Norðurál. The first action filed in the Superior Court of California (Monterey County) was dismissed on September 2, 2015. As with the first action, Alterra considers the current action to be without merit.

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