Mytrah Energy Share News (MYT)

India based Mytrah Energy to branch into solar power

(ShareCast News) - Renewable power producer Mytrah Energy said in a pre-AGM update it would move into solar power, and thought it had won contract in India. Shares in the AIM listed stock were flat, losing 0.2% to 79.84p by 1633 BST. Mytrah said it wanted to take advantage of Indian government targ

Mytrah Energy To Bring 200 Megawatts Of Power Online, Move Into Solar

Mytrah Energy reports strong full-year earnings thanks to good wind levels

Indian wind power group Mytrah Energy saw its shares jump on Tuesday after posting strong full-year revenues. The company's revenues rose 36.5% to $69.55m and earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 23% to $57.17m. However, profits before tax fell 73% to $

Mythrah Energy Profit Falls As It Takes On More Debt To Expand

Mytrah Energy raises $60m to boost generating capacity

India-based renewable power group Mytrah Energy has raised $60m of new capital to help take its generating capacity beyond 1000MW. The new funds, in the form of a non-convertible debenture, combine with cash flow from Mytrah's existing 543MW operating portfolio and a recently-concluded $70m financin

Mytrah Energy Raises USD60 Million From Debenture Extension, Loan (ALLISS)

Mytrah Energy Secures Project Financing And Wins New Power Deal

Mytrah Energy shares drop as profit guidance disappoints

The share price of Mytrah Energy took a dive on Friday after the India-based power producer guided to profits much lower than the market was expecting. The company said that underlying earnings before interest, tax, depreciation and amortisation (EBITDA) should be "close to $65m" in 2014. This would

Indian regulator warns against novel bond structure

By Daniel Stanton SINGAPORE, Nov 26 (IFR) - The Reserve Bank of India has effectively outlawed a new structure, pioneered by Greenko Group in July this year, which had promised to open up the offshore bond market to a far wider number of Indian issuers. Indian companies have been rus

Mytrah Energy Upbeat On Demand Despite Slight Profit Dip

Mytrah Energy Increases Portfolio Of Wind Assets

Tuesday broker round-up UPDATE

Antofagasta: RBC Capital upgrades to buy with a target price of 900p. Barclays: Numis downgrades from add to hold with a target price of 280p. BG Group: Goldman Sachs ups target price from 1500p to 1530p and retains a strong buy recommendation. Britvic: Numis raises target price to 684p and keeps

Mytrah Energy Pretax Profit Falls Despite 65% Revenue Increase

LONDON (Alliance News) - Mytrah Energy Ltd Monday said its pretax profit fell 36% in its full year 2013 as costs offset increased revenues during the year. The India-based independent power producer said its pretax profit fell to USD8.4 million in 2013 from USD13.2 million for the nine mont

Mytrah Energy sees annual profits double

India-focused sustainable energy firm Mytrah Energy saw profits more than double in 2013, helped by a better-than-expected performance by its portfolio of wind farms. The company, which sells power mainly to state grids, said revenue totalled $50.92m last year, up 65% on the year before which was a

DIRECTOR DEALINGS: Mytrah Energy Says Trustee Of CEO/Chairman's Trust Buys Shares