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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.
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29 Nov 2013 07:29

Infinis first half in line as average selling price increases

- H1 revenue up 10.5 per cent - Underlying EBITDA up 21.2 per cent - Trading in line with expectations Renewable energy group Infinis, which was floated earlier in the month by private equity owner Terra Firma, has unveiled encouraging first half results and said trading was in line with full-year

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20 Nov 2013 16:14

Tom Albanese stocks up on Vedanta shares

Tom Albanese, a big player in the mining industry, has bought a round of shares in Vedanta Resources worth 298,290 pounds. Albanese, who is the former chief of Rio Tinto, purchased 30,500 shares at 978p each. In September the director took up an advisory role as Chairman of Vedanta Resources Ho

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20 Nov 2013 11:19

Applied Graphene Soars After AIM IPO, Infinis Falls

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