Alterra Power receives an offer for its interest in an Icelandic power company (Canadian Business)
VANCOUVER - Alterra Power (TSX:AXY) has received an offer for its 66.6 per cent interest in HS Orka, a geothermal power company in Iceland.
Alterra did not release financial terms on Friday of the non-binding deal, which requires the approval of the Icelandic government.
"Exploring this transaction does not change Alterra's focus on expanding and optimizing its clean energy operations in Iceland," Anders Kruss, vice-president of corporate relations, said in a news release.
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