Cleantech

Alterra Power (TSX:AXY) has announced that registered holders of Alterra’s common shares should indicate in the election no later than 2 p.m. PST on January 25, 2018 decision on what they wish to receive. As quoted in the press release: (i)        $8.25 in cash for each Alterra Share held by such registered holder (the …

Alterra Power (TSX:AXY) has announced that registered holders of Alterra’s common shares should indicate in the election no later than 2 p.m. PST on January 25, 2018 decision on what they wish to receive.
As quoted in the press release:

(i)       

$8.25 in cash for each Alterra Share held by such registered holder (the “Cash Alternative”); or

(ii)

0.5563 common shares of Innergex Renewable Energy Inc. (“Innergex”) for each Alterra Share held by such registered holder (the “Share Alternative”),

in connection with the previously announced plan of arrangement whereby Innergex will acquire all of the issued and outstanding Alterra Shares (the “Arrangement”).
Election Deadline
Registered holders of Alterra Shares may make an effective election by depositing with Computershare Trust Company of Canada, before 2:00 p.m. (Vancouver time) on January 25, 2018 (the “Election Deadline”), a properly completed and duly executed letter of transmittal and election form (the “Letter of Transmittal and Election Form”) indicating their election to receive the Cash Alternative or the Share Alternative, together with the certificates (if applicable) representing their Alterra Shares and all other documentation required by Computershare Trust Company of Canada. The Letter of Transmittal and Election Form is available on Alterra’s website at www.alterrapower.ca and on SEDAR at www.sedar.com or by contacting Computershare Trust Company of Canada. Any questions regarding the election of the Cash Alternative or the Share Alternative, including any request for another copy of the Letter of Transmittal and Election Form, should be directed to Computershare Trust Company of Canada at 1-800-564-6253 toll free in North America or by email at corporateactions@computershare.com.

Click here to read the full press release.

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