Member Info for DoctorShares

We have also delivered on the dividend commitment we made back in November 2013. We are pleased to declare a final dividend of 12.2 pence per share which brings the total dividend for the full financial year to 18.3 pence per share.

Yes real person not auto feed. Ok got the figures out .... Revenue1 Income from export of electricity and associated benefits £236.0m £238.4m (1.0%) EBITDA before operating exceptional items2 Earnings before interest, tax, depreciation, amortisation, impairment, and before operating exceptional items £142.8m £148.4m (3.8%) Adjusted average selling price (ASP) NFFO and ROC revenue recognised in the period divided by exported power: LFG Wind £91.41 £87.62 £84.91 £89.88 7.6% (2.5%) Operating profit1 A GAAP measure of profitability £66.5m £30.2m 120.2% Adjusted net income1 Net income after adjusting for amortisation and impairment of intangible fixed assets, total exceptional items and tax thereon £36.3m £39.6m (8.3%)

Infinis shares boosted as renewables group nabs Centrica executive (ShareCast News) - Shares in Infinis Energy rose after the renewable energy operator poached Centrica chief financial officer Tom Hinton. Infinis Energy shares were up 7.52% to 157.25p after the firm announced Hinton will replace current CFO Gordon Boyd. Infinis chief executive Eric Machiels said Hinton had broad power sector experience and will bring significant insight and value to the management team. The company said Hinton will join the Infinis board in late November.

Renewable energy company Infinis Energy has reached a deal to acquire an 18.5 megawatt consented onshore wind farm project in Northumberland from Peel Group. Renewable energy generator Infinis Energy swung to a profit in the year to the end of March, although revenue was hit by weaker wholesale power prices. The FTSE 250 group posted a profit before tax of £20.7m for the 12 months to 31 March compared with a restated loss of £11.8m last year, while revenue declined 1% year-on-year to £236m. Earnings before interests, tax, depreciation and amortisation (EBITDA) fell 3.77%, although excluding exceptional items EBITDA jumped 31.4% to £140.2m. The increase was due to a £39.4m exceptional item in the last financial year, which did not recur in the year to 31 March, the company said in a statement, adding that administrative expenses were halved to £39.2m, while finance expenses fell 35% to £38.5m. The group said its landfill gas and wind businesses were performing in line with expectations and said its contracted position and an expected increase revenue meant it had "good visibility of cash generation for the coming year". "In early December 2014, Terra Firma, the general partner of our largest shareholder, announced their desire to find a way of selling down their entire and remaining holding of nearly 70%," said group chairman Ian Marchant. "We have engaged constructively with Terra Firma and continue to seek solutions that are in the interests of all shareholders."

Renewable energy company Infinis Energy has reached a deal to acquire an 18.5 megawatt consented onshore wind farm project in Northumberland from Peel Group. Along with the 8 megawatt Sisters Wind Farm project developed by Infinis, which neighbours the newly-acquired project, the facility is at an advanced stage of construction and the London-listed company said it expects grid energisation to take place in June next year. Last week, the Department of Energy and Climate Change said new onshore windfarms will be excluded from a subsidy scheme from 1 April 2016. "We are driving forward our commitment to end new onshore wind subsidies and give local communities the final say over any new wind farms," said Energy and Climate Change Secretary Amber Rudd.

(ShareCast News) - Sell shares in waste-to-energy producer Infinis Energy, said the Sunday Times's Inside the City column. When Chancellor George Osborne last Wednesday swept away long-standing tax breaks for Infinis, Drax and other green energy producers in his Budget it was an especially big blow for Terra Firma, the private equity firm that owns 69% in the company and had been looking to sell its stake. Infinis, whose main businesses are onshore wind farms and converting waste gas from landfill sites, closed the week at 145.75p, a drop of 27%. Since the UK general election the company has been hit hard. Two weeks ago, the energy secretary slashed payments to wind farms, making the prospects for some projects in Infinis's pipeline less certain, while the Budget's takes a bite of £5 per megawatt hour out of earnings. The company now believes profits will fall £7m this year and £11m the next. Although Infinis generates plenty of cash and yields a healthy 12%, profits are headed the wrong way and its £610m in loans now represents 30% more than its market value.

July 2015 Investec 07/07 Reiterates Buy 240.00p

Dividends Final Ex-Dividend Date 09-Jul-2015 Final Dividend Payment Date 07-Aug-2015

Director 26-Jun-14 Buy Trade Notifier Information for Infinis Energy Alan Bryce 236.1 GBX 10,000

Woodford hits out at Osborne's cut in renewal energy tax break Chancellor of the Exchequer George Osborne has lost the support of at least one large U.K. investor after his decision last week to eliminate a tax break for renewal energy sent shares of Drax Group Plc tumbling. Fund manager Neil Woodford, who has more than 11 billion pounds ($17 billion) invested mostly in U.K. companies including Drax, said cutting the tax exemption for renewable energy companies had “profound consequences” for future investment behavior. “If government cannot be trusted not to fulfill its long-term commitments, then it will have to accept that it cannot rely on support from institutional investors,” Woodford, 55, said on his blog. “That would not be a good outcome for the U.K. economy.” Osborne’s decision to remove the exemption from the Climate Change Levy comes as the government looks to private investors to fund infrastructure. Munich-based Allianz SE, one of the biggest institutional investors in clean energy, said last year that a lack of political support was undermining further investments in projects. Drax Group plc Sell: 257.40 | Buy: 257.50 negative 4.40 (-1.68%) Graph Prices delayed by at least 15 minutes. Woodford, who has seen his 5.3 percent stake in Drax fall by more than 25 percent in value since Osborne’s announcement, sent a letter to the government after the budget. Drax, based in North Yorkshire, England, is converting the biggest U.K. coal station to burning wood pellets, considered a renewable fuel. The former Invesco Perpetual fund manager said about 1 billion pounds of shareholder money was invested in Drax on the premise of “long-term commitment” from the government. “This latest example of back-pedaling demonstrates that government believes that policy can be amended to suit changing political priorities without due consideration” for the economy or privately funded infrastructure projects, Woodford wrote. Drax has converted two of its six units to burn biomass with plans to bring a third online by 2016. Removal of the levy, an indirect subsidy for clean power, would result in generators losing as much as 6 pounds a megawatt-hour they produce.

Outlook · Our landfill gas and wind businesses are performing in line with expectations. Due to our contracted position, combined with 50% of expected revenues increasing in line with inflation, we have good visibility of cash generation for the coming year. The increase in the carbon price floor to £18 per tonne of CO2 on 1 April 2015 and the ongoing tightness of the reserve margin during the Winter season are supportive of wholesale power prices for Summer and Winter 2015; · Our onshore wind capacity growth plans are on track with A’Chruach (43 MW) in full construction. Pre-construction work has begun at Galawhistle (66 MW) with financial close expected shortly. Sisters (8MW) is at advanced stages of contract negotiation. Our IPO commitment to increase operational wind capacity by 130 to 150 MW by March 2017 remains unchanged; · We have a strong operational platform and a track record of delivery which we believe will allow us to take advantage of opportunities for further growth in the clean and affordable energy space in the future

Financial and operating highlights · Revenue of £236.0 million, 1.0% lower than the prior year
LFG revenue and gross profit were 5% higher than last year;
Lower contribution from our Wind business due to lower wind speeds;
Weaker wholesale power prices for assets priced on a day-ahead basis; · EBITDA before operating exceptional items of £142.8 million was 3.8% lower than the prior year; · Strategic divestment of our non-core Hydro business for £20.5 million in February 2015, the proceeds of which will be reinvested in our onshore wind pipeline; · Net debt reduced to £534.7 million and leverage was flat year on year at 3.7x; · Final dividend declared of 12.2 pence per share, bringing the total dividend for the year to 18.3 pence per share.

Infinis Energy plc (Infinis or the Group), the UK’s leading independent generator of renewable power, is pleased to announce its preliminary financial results for the year ended 31 March 2015. Eric Machiels, Chief Executive Officer of Infinis, commented: “This is our second year reporting as a listed company and we are pleased to announce financial results in line with expectations. Infinis Energy exported a total of 2.5 TWh of renewable power across its landfill gas and onshore wind power plants. Despite the weakening of UK wholesale power prices experienced throughout the year, our EBITDA before operating exceptionals1,5 of £142.8 million, was in line with expectations. The highly cash generative nature of our business continues to underpin our dividend policy and I am pleased to confirm that we intend to pay a final dividend of 12.2 pence per share, bringing the total to 18.3 pence per share for the year. This is in line with our dividend commitment of £55 million for our first full financial year. We are also well on our way to deliver on our growth commitments in onshore wind with 43 MW of new wind plant capacity currently in construction and 66 MW expected to reach financial close

Project development: – aim to build out 130-150 MW of new operational onshore wind capacity by March 2017 as well as progressing an additional 200-250 MW onshore wind development pipeline – an Edinburgh-based in-house development team covers all key project management areas including estate surveying, planning submission, energy yield assessment and grid technicalities Plant construction: activities managed in-house include: – Project procurement – Project financing – Power contracting – Construction project management

Long-term portfolio stability: – all plants grandfathered under the RO regime – site leases and gas agreements secured over the long-term Predictable energy yield: highly predictable base load LFG complements intermittent wind Operational excellence: most power plant maintenance activities are provided in-house through highly trained technicians Cash flow generative: once commissioned and operational, the power plants have predictable operations and maintenance (O&M) spend and benefit from indexed revenue support schemes

Onshore wind capacity growth plans on track; A'Chruach (43 MW) in full construction; pre-construction begun on Galawhistle (66 MW) ff Longer-term pipeline of onshore wind projects well positioned for the new CfD regime

Final dividend of 12.2 pence per share proposed, delivering a full year dividend of 18.3 pence per share, £55 million overall, consistent with our dividend commitment

Infinis was established as an independent company in May 2006 prior to Terra Firma, the private equity group, selling the Waste Recycling Group Limited (WRG), its former parent company, in July 2006. Since then, our business has grown both organically and by strategic acquisitions. Infinis Energy is the third largest renewable power generator in the UK. It operates three technologies: landfill gas (about 40% market share), onshore wind and hydro. Infinis Energy owns and operates 147 power plants distributed across the UK and has a total installed capacity of 621 MW. In the last financial year Infinis Energy generated 2.5TWh of clean, reliable and relatively affordable power, enough to meet the needs of more than 1 million electricity users.

amberrudd If u all contact her web site ask for support not to stop wind farms. She will be shown the wind farms in scotland holeing for her support , Energy Secretary Amber Rudd has said ending the scheme meant energy bills would not need to rise. Contact support http://amberrudd.co.uk/

Renewable energy company Infinis Energy has reached a deal to acquire an 18.5 megawatt consented onshore wind farm project in Northumberland from Peel Group. Along with the 8 megawatt Sisters Wind Farm project developed by Infinis, which neighbours the newly-acquired project, the facility is at an advanced stage of construction and the London-listed company said it expects grid energisation to take place in June next year. Last week, the Department of Energy and Climate Change said new onshore windfarms will be excluded from a subsidy scheme from 1 April 2016. "We are driving forward our commitment to end new onshore wind subsidies and give local communities the final say over any new wind farms," said Energy and Climate Change Secretary Amber Rudd.