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Press release from CNW Group

Alterra Power Announces Release Date for Quarterly Results to March 31, 2012

Thursday, May 03, 2012

Alterra Power Announces Release Date for Quarterly Results to March 31, 201221:55 EDT Thursday, May 03, 2012TSX : AXYVANCOUVER, May 3, 2012 /CNW/ - Alterra Power Corp. (TSX: AXY) announces that its results for the fiscal quarter ended March 31, 2012 will be released on Monday, May 14, 2012 after markets close. A conference call and live audio webcast to discuss the results will be held on Tuesday, May 15, 2012 at 11:30 am ET (8:30 am PT).Conference Call and Webcast Information for Quarterly Results to March 31, 2012 Date: Tuesday, May 15, 2012 Time: 11:30 am Eastern Time - 8:30 am Pacific Time Dial-In Numbers: North American toll-free number:   1-888-231-8191 Switzerland toll-free number:    0-800-835-354   United Kingdom toll-free number:   0-800-051-7107 Conference ID: 7657 9008 Audio Webcast: A live audio webcast can be accessed at: http://www.newswire.ca/en/webcast/detail/962625/1032397 Playback Available for One Week Following the Call: North American Toll-free and International:  1-855-859-2056 / 1-416-849-0833 Replay Pin Number:     7657 9008About Alterra Power Corp.    Alterra Power Corp. is a leading global renewable energy company.  We operate six power plants totaling 567 MW of capacity, including two geothermal facilities in Iceland, a geothermal plant in Nevada, British Columbia's largest run of river hydro facilities and the province's largest wind farm. Our 298 MW share of production capacity generates over 1,400 GWh of clean power annually. We have an extensive portfolio of exploration and development projects, a skilled international team of developers, explorers, builders and operators and the financial capacity to support our growth plans.Cautionary Note regarding Forward-Looking Statements and Information Certain statements included in this news release may contain information that is forward-looking within the meaning of certain securities laws, including information and statements regarding prospective results of operations, financial position, cash flows or growth potential.  These statements are based on factors or assumptions that were applied in drawing a conclusion or making a forecast or projection, including assumptions based on historical trends, current conditions and expected future developments. Since forward-looking statements relate to future events and conditions, by their very nature they require making assumptions and involve inherent risks and uncertainties. Alterra cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from the expectations set out in the forward-looking statements. Material risk factors include those set out in the management's discussion and analysis section of Alterra's most recent annual report and quarterly report, and in Alterra's Annual Information Form. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, Alterra undertakes no obligation to update any forward-looking statements or information to reflect new information, subsequent or otherwise. For further information: Anders Kruus, Vice President, Corporate Relations Alterra Power Corp. Phone: 604.678.6743 Email: info@alterrapower.ca