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Deep Cove father takes on Kiewit after son’s death

Anna Mehler Paperny, Global News, May 23 2013

On a rainy February afternoon in 2009, Sam Fitzpatrick was crushed to death when a boulder more than 1.5 metres in diameter tumbled downhill through his worksite near Toba Inlet, B.C., striking his head as he drilled rock.

BC issues investigative licences for waterpower projects

Laura Walz, Powell River Peak, January 30, 2013

Alterra receives 20 for Bute Inlet and five for Toba Inlet

BC’s government has issued over two dozen investigative licences to Alterra Power Corporation for waterpower projects.

Alterra Power and Fiera Axium Infrastructure Announce Partnership in Toba Montrose and Dokie 1 Facilities

News Release, Alterra & Fiera Axium, December 12 2012

VANCOUVER - Alterra Power Corp. (TSX: AXY) and Fiera Axium Infrastructure are pleased to announce that they are now partners at the 235 MW Toba Montrose run-of-river hydro facility and the 144 MW Dokie 1 wind farm in British Columbia, effective December 7. A consortium of Canadian investors led by Fiera Axium purchased GE Energy Financial Services' partnership interests, and now owns a 60% interest in Toba Montrose and a 49% interest in Dokie 1. Alterra's ownership interests in these facilities are unchanged at 40% and 51% respectively.

Rockslide damages power project

Laura Walz, Powell River Peak, December 19, 2012

Montrose plant may be offline until spring

A large rockslide has damaged the 88-megawatt Montrose hydroelectric facility in the Toba Valley.

Deal aims to resurrect B.C.’s Bute Inlet hydroelectric project

JUSTINE HUNTER, Globe and Mail, Jul. 14, 2011 

Hoping to resurrect an ambitious run-of-the-river project that would rival the capacity of BC Hydro’s proposed Site C dam, Alterra Power will sign a partnership agreement with the Homalco First Nation on Friday, handing the tiny band $1.5-million in exchange for an agreement that would allow the Bute Inlet hydroelectric project to proceed in its traditional territory.

Magma to acquire Plutonic Power

Canadian Press, Globe and Mail, Mar 07, 2011

Magma Energy Corp. (MXY-T1.17-0.05-4.10%) plans to acquire Plutonic Power Corp (PCC-T2.630.218.68%) in an agreement to create a company they say is worth about $575-million.

Magma's current focus is on geothermal power and Plutonic is mainly involved with hydroelectric and wind power as well as some solar-electric projects.

Magma’s takeover all about scale

TIM KILADZE, Globe and Mail, March 7, 2011

Instead of being cryptic about the real reason for their merger, the heads of Magma Energy Corp. (MXY-T1.17-0.05-4.10%) and Plutonic Power Corp. (PCC-T2.620.208.26%) have come right out and said it: scale.

“The power business is all about the cost of capital and size really does matter,” said Ross Beaty, Magma’s head, on a conference call Monday.

Magma Energy Corp. and Plutonic Power Corporation Announce Merger to Create Alterra Power Corp.

News Release, Magma Energy Corp. and Plutonic Power Corporation, March 7, 2011

Vancouver, B.C., Canada, March 7th, 2011 - Magma Energy Corp (TSX:MXY) and Plutonic Power Corporation (TSX:PCC) today announced that they have entered into an arrangement agreement (the "Arrangement Agreement") to merge and create Alterra Power Corp. ("Alterra"), a leading renewable power producer, with a post-deal market capitalization of approximately $575 million.

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