Alterna Capital Partners closes first fund investment

Purchase of a significant interest in electric generation facility

Wilton, CT, October 5, 2009:  Alterna Capital Partners announces the purchase of a 43.0693% undivided interest in the 380 MW Springerville Power Generating Station Unit 1, located in Arizona from Philip Morris Capital Corporation.   The facility is on lease to Tucson Electric Power through January 1, 2015. 

Alterna Capital Partners is a private equity group with over $300MM of committed capital dedicated to ownership of “Core Capital Assets”. “Core Capital Assets” are the long-lived, income-producing assets that are vital to productive operations of companies in the transportation, industrial, and energy sectors.  Collectively, Alterna Capital Partners team has over 100 years of relevant industry experience.