You are hereAlterra Power’s Montrose Hydroelectric Facility Sustains Rockslide Damage

Alterra Power’s Montrose Hydroelectric Facility Sustains Rockslide Damage


News Release, Alterra Power Corp., December 13, 2012

VANCOUVER, BC, Canada, Dec. 13, 2012 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that a large naturally-occurring rockslide near its 88 MW Montrose hydroelectric facility caused significant damage yesterday to a 200-300 metre section of the five kilometer penstock which supplies water from the water intake to the power generating plant. The intake and power plant were not affected and there were no injuries. The cost of needed repairs is currently being assessed, and the repairs may require the Montrose plant to be off line for several months. Property damage and business interruption are expected to be fully insured and it is hoped that repairs can be carried out during the winter months when water flows and power generation are minimal. The nearby 146 MW Toba hydroelectric plant was not affected and remains in operation.

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