NEWS RELEASE TSX : AXY
VANCOUVER, May 5, 2014 /PRNewswire/ - Alterra Power Corp. is pleased to announce the appointment of Shannon Webber as General Counsel, effective May 20, 2014. Ms. Webber brings over ten years of experience at Borden Ladner Gervais where she focused on securities, finance, M&A, and project-related matters for power and mining companies. John Carson, Alterra's Chief Executive Officer, said, "We are excited to have Shannon join our team. She worked with us extensively last year and proved herself as a strong and experienced transactional lawyer. Likewise she knows our company very well. Shannon will play an important role in helping us through our next phase of growth in 2014."
Ms. Webber replaces the company's former chief legal officer, Rupert Legge, who recently retired.
About Alterra Power Corp.
Alterra Power Corp. is a leading global renewable energy company, operating six power plants totaling 568 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 geothermal plant in Nevada. Alterra owns a 262 MW share of this capacity, generating approximately 1,300 GWh of clean power annually.
Alterra has an extensive portfolio of exploration and development projects and a skilled international team of developers, explorers, builders and operators to support its growth plans.
The company trades on the Toronto Stock Exchange under the symbol AXY and OTC in the United States as MGMXF.
Cautionary Note regarding Forward-Looking Statements and Information
This news release contains certain "forward-looking information" within the meaning of Canadian securities laws, which may include, but is not limited to, statements with respect to future events or future performance, the fulfillment of all conditions precedent to the obligation of the parties under the agreements, required consents and third party approvals. This news release also contains statements with respect to our plans to expand our operations, management's expectations regarding our growth, business prospects and opportunities and energy generation capacities. Such forward-looking information reflects management's current beliefs and is based on information currently available to management.
SOURCE Alterra Power Corp.