News Articles for Alterra

Our board moves wrap includes Paul Jensen, Andrew Young, Steve Ledger, Mark Clements, John Palermo, Simon Coxhell, Ivan Wu, Evan Hayes, Rodney Illingworth, and Michaela Stanton-Cook

ASX-listed Mineral Commodities and Alterra have made changes to their boards, while new leaders have been appointed at Good Sammy Enterprises and Pan Pacific Perth.

Our board moves wrap includes Greg Harvey, Mark Clements, John McGlue, Robert Gregory, Justin Barton, Andrew Pardey, David Casey, Ian Hobson, and John Geary.

Our weekly appointments wrap includes Shannon O'Rourke, Ben Norrish, Andy Weir, Rod Johns, Warrick Clent, Alan Ings and Michael Shanahan.

Our board moves wrap includes Oliver Barnes, John McGlue, Mark Clements, Joan Dabon, Kim Hogg, and Len Troncone.

Alterra has hired Pendulum Capital to manage the next stage of its south-west avocado project and announced chief executive Oliver Barnes is leaving the company.

Pendulum Capital, led by Peter Fogarty and Greg Harvey, will acquire a 19.9 per cent stake in Alterra.

ASX-listed WA agribusiness avocado orchard developer, Alterra Ltd says it expects to bank nearly $700,000 courtesy of the Federal Government's research and development tax incentive scheme. According to the company, the government scheme, administered by the ATO, recognises the innovative avocado growing methodology it has implemented across the initial five-hectare planting out of its flagship Carpenters avocado project development in WA's South West.

Investors are hungrier than ever for alternative, nondiscretionary assets, and agricultural property appears to fit the bill.

WA agribusiness and Pemberton avocado orchard developer, Alterra Ltd's shareholder register has been fortified following the sale of a block of shares by its former chairman. Existing major Alterra shareholder, Sandon Capital and fellow major shareholders, Emanuel Exports and the Daws family, who came on board six months ago, have stepped up to the plate to boost their holdings to 22.2 per cent and 19.95 per cent, respectively.

Our board moves wrap includes Mark Clements, John Palermo, Trevor Stoney, Boyd Timler, Edward Mead, Joan Dabon, Kim Hogg, Qiang Du, CanWu Zheng, HuiJie Duan, LingQuan Kong, Kevin Tomlinson, Trevor Schultz, Jess Oram, David Sproule, Michael Meintjes, and Graeme Rapley.

ASX-listed agribusiness developer, Alterra has tabled a double-digit IRR feasibility study for the 30-year life span of its planned 300-hectare Carpenters Avocado project near Pemberton in the South West region of Western Australia. The company also said construction of a 4.1 gigalitre dam to irrigate the project had commenced with the first 50-hectare planting due this year, subject to funding.

Agribusiness developer Alterra has completed the feasibility study of its 300-hectare avocado farm in Pemberton and plans to start planting avocados later this year.

ASX-listed agribusiness developer, Alterra's sale of the final sections of its “non-core” Dambadgee Springs farming property in Dandaragan north of Perth has gone unconditional. The final tranche of the overall transaction, which incorporates the rights to income from the nearby Yandin wind farm, comprised two blocks of land that fetched $2.8 million. The property was sold to a local farmer for a total price of $4.4 million.

ASX-listed Alterra Ltd will sell the third tranche of its legacy Dambadgee Springs agricultural land in the town of Dandaragan, north of Perth, significantly progressing its efforts to become a major agribusiness developer in Western Australia. The sale, once completed, will allow it to accelerate its flagship Carpenters avocado project in WA's south-east.

ASX-listed agribusiness developer, Alterra Ltd, has reached a significant milestone at its planned 300-hectare Carpenters avocado development in Pemberton, WA, with the company planting the first batch of avocado trees across an initial five hectares of land.

Our board moves wrap includes Andrew McBain and Vince Santostefano.

Our board moves wrap includes Wilbert van den Hoek, James Dorrian, Alvin Tan, Oliver Barnes, Andrew McBain, Nir Gabay, Yoav Amitai, David Furstenberg, David Coyne, John Jones, and Tudor Marsden-Huggins.

ASX-listed agribusiness developer, Alterra Ltd, has successfully rattled the tin for $1.7 million following a placement to new investor, Emanuel Exports and existing major shareholder, Sandon Capital Investments. In a boost for Alterra's financing aspirations for its WA agricultural projects, Emanuel will emerge as a major shareholder with 15 per cent ownership of Alterra's expanded issued capital, whilst Sandon maintains its 19.2 per cent stake.

Live export company Emanuel Exports has acquired a 15 per cent stake in agribusiness firm Alterra.

ASX-listed agribusiness developer, Alterra Ltd, has elevated Non-Executive Director John McGlue to the Chairman's role as the company advances towards completing feasibility studies on its Carpenters, 300-hectare avocado development in Pemberton. McGlue replaces well known farmer, Trevor Stoney, who served as Chairman from 2012 but remains on the Board as a Non-Executive Director as the company moves forwards with its new business model.

Our board moves wrap includes John McGlue, Trevor Stoney, Adam Miethke, Charles Lepani, Brett Hazelden, Rudolph van Niekerk, Paul Cronin, Eric de Mori, Cameron Williams, and Stefan White.

ASX-listed Agribusiness developer, Alterra Ltd has turned the earth at its operation near Pemberton as it ramps up activity towards September this year when it intends to plant out the first five hectares of avocado orchard at its 300-hectare Carpenters project in WA's premier south-west growing region. Alterra said water management would be key to delivering success at its institutional investment-grade agricultural asset.

Our weekly appointments wrap includes Andrew Whitehead, Joy Powell. Victoria Green, Mike Franklin, Noel Heinrich, Tony White, Graham Ralph and Bruce Trevaskis.

ASX-listed Agribusiness developer, Alterra Ltd, has appointed corporate finance veteran, Mike Franklin as its Chief Financial Officer, strengthening a team that recently added capital markets specialist, John McGlue to its ranks of non-executive directors. Franklin was previously CFO then CEO of Titan Australia, a fully owned subsidiary of NYSE listed Titan International, Australia's largest wheel and axle manufacturer for the agricultural, mining and construction industries.

Our board moves wrap includes John McGlue, Andrew Teo, Leslie Wise, Greg Clark, Kathryn Davies, Bruce Griffin, and Rod Jones.

ASX-listed Agribusiness developer, Alterra Limited, has appointed corporate communications and financial markets specialist, John McGlue to its board. McGlue is the Principal of capital markets and shareholder advisory firm, Castle Gates Australia. In 2002, Mr McGlue acquired a 50% interest in financial PR firm Porter Novelli Perth and in 2008, the combined business was acquired by NYSE-listed FTI Consulting.

ASX-listed agribusiness Alterra has sold 913 hectares of its Dambadgee Springs property for $3.1 million to a local farmer, and will use the funds to support its avocado development projects and pay debts.

Perth-based agricultural investment and management company, Alterra, has entered into two contracts to sell 913 hectares of its 1,640Ha “Dambadgee Springs” property near Dandaragan in Western Australia to a local farmer. The total value of the two contracts is $3.1M and the ASX-listed company said it plans to retain $2.0M as working capital with the balance utilised to retire debt.

ASX-listed agricultural investment and management company, Alterra, has placed a major piece of its strategic puzzle into place after the Perth-based company inked a deal with Sydney-based family office investment platform, CapRaise, to source capital for its ongoing agricultural projects from a pool of up to 114 family offices that CapRaise provides investment opportunities for.

SPECIAL REPORT: Institutional investor interest is continuing to grow in WA's agricultural sector, unaffected by the global uncertainty of the novel coronavirus crisis.

Just 12 months after taking the helm at ASX-listed agricultural company, Alterra, Oliver Barnes has successfully pivoted the company and made good on his business model to create long term investment grade agricultural assets that are attractive to the institutional investment market. Alterra is set to become one of WA's leading avocado orchard developers after leasing 300ha of prime land near Pemberton in WA.

ASX-listed agribusiness Alterra will develop a 300-hectare avocado orchard in Pemberton, which is set to become one of the largest avocado projects in the country.

Our daily board moves wrap includes John Palermo, Anthony Fitzgerald, Glenn Jardine, Shane McBride, Eva O'Malley, Andy Bayfield, Grant Froese, Frank Holler, Peter Harold, and Sophie Raven.

Alterra has tapped into the database, knowledge banks and networks of well-known Harvey avocado and citrus grower, Richard Eckersley. The parties have inked “Local Partner and Data Access” agreements that provide Alterra with access to the expert grower's cropping data for 15 years and Eckersley will also act as something of a forward scout in the South West for Alterra who is on the hunt for investment grade crops.

Our weekly appointments wrap includes Andrew Stevens, David Crothers, Bellevue Gold, Paul Good, Ken Seymour, John O'Neil, Wally Newman, Neil Foster, Dominic Da Cruz, Jason Kunkler and Stacey Molloy.

Agricultural asset development and management firm, Alterra, has appointed a new member to its team with Paul Good taking up the position of South West Regional Manager, bringing with him nearly 20 years' of industry know-how. Alterra is looking to shake up the agribusiness sector with a business model that will see it co-invest with mostly institutional investors in managed crops with avocados looking like being the early opener.

Alterra has appointed John McGlue to its advisory board as it gears up to enter the potentially lucrative agricultural sector with an initial focus on the avocado market. McGlue brings over 30 years of experience in corporate communications and financial markets to Alterra and he is the founder and Principal of corporate advisory firm, Castle Gates Australia. Alterra provides a co-investment model as a potential vehicle for farmers to diversify their conventional bank funding models.

Agricultural asset developer, Alterra, has signed a property rights agreement for its Dambadgee Springs investment property in Western Australia that could see $2.5 million flow into the company's coffers over the next 25 years. The PRA will allow the construction and operation of wind turbines at the evolving $400 million Yandin wind farm in the WA wheatbelt shire of Dandaragan.

ASX-listed agricultural asset development firm Alterra, has entered into some potentially lucrative agreements that secure exclusive rights to access quantitative avocado data with Western Australian producer, French's Group. Alterra will have access to genetic information from avocados that have been selectively produced over the past 33 years and use the science behind the fruit to optimise soil, water and nutrient use in under-utilised agricultural lands.