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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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28 May 2015 08:13

Infinis swings to annual profit

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28 May 2015 07:13

Infinis Swings To Profit, Raises Dividend As Expansion Plans Progress

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28 May 2015 05:13

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27 May 2015 15:47

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UK stocks closed higher on Wednesday, rebounding from heavy losses in the previous session, buoyed by strength in the construction, electricity and tobacco sectors. The FTSE 100 experienced few surprises and gained steadily throughout the day, closing 1.24% higher at 7,034.9. The index had plunged 1

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27 May 2015 15:08

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27 May 2015 12:34

FTSE 250 movers: Synergy Health plunges on Steris takeover speculation, energy stocks lower

UK stocks rebounded from the previous session's sell-off as gains made by tobacco, electronics and utilities outweighed weakness in mining and industrial metals. As of 14:00, the FTSE 250 was trading points 101.1 points higher at 18,200. Synergy Health topped the fallers, plummeting almost 17% on r

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27 May 2015 11:40

LONDON MIDDAY BRIEFING: Arrest Of Football Officials Steals Attention

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