20 Jun 2014 07:32
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Don't have an account? Click here to register.Infinis Energy up on first quarter update
Thu, 13th Aug 2015 08:20
(ShareCast News) - Shares in Infinis Energy rose after the company said power generation was up by 14GWh to 586GWh.At 0829 BST shares in the renewable energy company were up by 1.5% to 135p.Infinis said day ahead pricing and operating costs were in line with expectations, and said its operational performance meant it would meet management expectations for the full year.The company has already said the removal of climate change subsidies would reduce its earnings in the current financial year by £7.5m.Landfill gas output was down by 6%, which the company said was due to a combination of the natural decline in landfill gas, drier weather conditions and planned full grid outages at two of our larger sites initiated by the local network operators which lasted for 11 days.The company's onshore wind business exported 152 GWh in the three months to 30 June 2015, which was an increase of 46% from the same period last year.
More News
19 Jun 2014 10:36
TOP NEWS: UK Awards West Coast Rail Franchise To Virgin-Stagecoach
LONDON (Alliance News) - The following is a summary of top news stories Thursday.
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COMPANIES
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Rolls-Royce Holdings PLC moved to appease investors unhappy with the company's recent outlook downgrade, saying it will return
19 Jun 2014 08:37
Infinis Energy Hit By IPO, Finance Costs, But Revenue Rises
LONDON (Alliance News) - Infinis Energy PLC, the renewable energy generator majority owned by Guy Hands' private equity firm Terra Firma, Thursday reported a lower profit for its last financial year due to refinancing costs and the costs of its initial public offering last November, although reve
Read more19 Jun 2014 08:03
Infinis delivers in line but cautions on softer power markets
- Results ahead of company expectations - Adjusted EPS up 52% to 13.7 - Final dividend proposed of 6.63p per share - 'Softer wholesale power markets in the near-term' In its first set of annual results since it was floated by private equity owners Terra Firma last November, renewable energy group I
Read more19 Jun 2014 06:41
MARKET COMMENT: UK Stocks Set To Open Higher On Record US Close
LONDON (Alliance News) - UK stocks are set to open firmly higher Thursday, taking a lead from US markets, which made fresh all-time highs on Wednesday after a well-received update from the Federal Reserve. The US central bank completed its two day policy meeting with another taper of its as
Read more19 Jun 2014 05:27
UK Earnings, Trading Statements Calendar - Week Ahead
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| Read more 18 Jun 2014 16:13 MARKET COMMENT: Oil Stocks Buoy FTSE, BoE Rattles Pound, FOMC In FocusLONDON (Alliance News) - The major UK stock indices closed higher Wednesday, led by oil stocks as the worsening crisis in Iraq drove up oil prices, while trade on Thursday is set to be driven by the result of the US Federal Reserve's latest policy meeting later. 18 Jun 2014 15:34 UK Earnings, Trading Statements Calendar - Week Ahead
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