When was Alterra Power founded?

Alterra Power was founded in 2008 and raised its 1st funding round 3 years after it was founded.

Where is Alterra Power located?

Alterra Power is headquartered in Vancouver, Canada.

Is Alterra Power a funded company?

Alterra Power is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Aug 02, 2011.

When was the latest funding round of Alterra Power?

Alterra Power's latest funding was a $***** Conventional Debt round on Feb 07, 2018, with participation from 0 investor. Its primary sector is Wind Energy. In Canada, the Wind Energy sector has seen $185M in funding in 2026 to date.

Where does Alterra Power rank among its competitors?

Alterra Power ranks 21st amongst 48 active competitors, of which 6 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Capital Power, which secured $108M in Apr, 2025.

Who are the top competitors of Alterra Power?

Alterra Power's top competitors include Acciona Energy, Boralex and Exelon. Among them, Capital Power secured the most recent funding round in April, 2025.

Alterra Power - 2026 Company Profile, Team, Funding & Competitors

Q: Is Alterra Power an acquired company?

Alterra Power got acquired by Innergex on Oct 30, 2017.

Alterra Power is an acquired company based in Vancouver (Canada), founded in 2008. It operates as a Renewable energy project developer using multiple sources of energy. Alterra Power has raised an undisclosed amount in funding. The company has 48 active competitors, including 6 funded and 17 that have exited. Its top competitors include companies like Acciona Energy, Boralex and Exelon.

Company Details

Alterra Power is a leading global renewable energy development company, operating six power plants totaling 757 MW of generation capacity including Shannon wind project and two geothermal facilities in Iceland, owning a 349 MW share of capacity, generating over 1,600 GWh of power annually. Alterra is also constructing the 62 MW run-of-river hydroelectric project in British Columbia, which is expected to be in operation by Q3 2016

Website: alterrapower.ca
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Email ID: *****@alterrapower.ca

Key Metrics

Founded Year

2008

Location

Vancouver, Canada

Stage

Acquired

Latest Funding Round

Conventional Debt, Feb 07, 2018, $*****

Investors

NGEN Partners

Ranked

21^st among 48 active competitors

Similar Companies

Duke Energy & 982 more

Exit Details

Acquired by Innergex (Oct 30, 2017)

View Alterra Power's full profile

Alterra Power got acquired by Innergex on Oct 30, 2017 at an acquisition amount of $*****.

Click here to take a look at Alterra Power's acquisition in detail

Alterra Power has raised funding over 6 rounds. Its first funding round was on Aug 02, 2011. Alterra Power has 1 institutional investor.

Here is the list of recent funding rounds of Alterra Power:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 07, 2018	8107663	Conventional Debt	2929079	9571005	1447219	5322224
Nov 09, 2016	1425315	Post IPO	8606510	3178671	8915709	4875675
Oct 12, 2016	9278919	Conventional Debt	6944886	6975856	2471735	5688828

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Top competitors of Alterra Power include Acciona Energy, Boralex and Exelon. Here is the list of Top 10 competitors of Alterra Power, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Acciona Energy 1997, Madrid (Spain), Public	Provider of renewable energy solutions	$567M	KKR, Triodos Investment Management & 3 others	73/100
2nd	Boralex 1982, Kingsey Falls (Canada), Acquired	Developer of renewable energy projects	-	Energy Infrastructure Partners, CIC & 4 others	66/100
3rd	Exelon 2000, Chicago (United States), Public	Provider of energy services with an electric and natural gas distribution	-	Ideocolab, OSTI & 1 others	66/100
4th	Innergex 1990, Longueuil (Canada), Acquired	Renewable energy based IPP	-	iA Capital Markets, Birch Hill Equity Partners ... & 2 others	63/100
5th	BluEarth Renewables 2010, Calgary (Canada), Acquired	Developer of renewable energy facilities and provider of operating support	$81M	Ontario Teachers' Pension Plan, ARC Financial	61/100
6th	TerraForm Power 2014, New York City (United States), Acquired	Leading renewable energy provider with wind, solar, and storage assets	$335M	Capricorn	61/100
7th	Northland Power 1987, Toronto (Canada), Public	Provider of solar energy power producer	-	-	58/100
8th	Capital Power 2009, Edmonton (Canada), Public	Provider of power generation facilities of energy sources	-	-	55/100
9th	JCM Power 2009, Toronto (Canada), Series B	Independent renewable energy power producer	$15.1M	STOA, Swedfund & 2 others	51/100
10th	OPG Power Ventures 2008, Toronto (Canada), Public	Developers and operators of power plants	-	-	49/100
21st	Alterra Power 2008, Vancouver (Canada), Acquired	Renewable energy project developer using multiple sources of energy	-	NGEN Partners	32/100