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Trading statements

Infinis total power generation up

13 August 2015 07:30

Infinis Energy reports a strong first quarter with total power generation up 14 GWh to 586 GWh.

Day ahead pricing and operating costs were in line with expectations. Infinis says it has maintained its focus on operational performance with high engine reliability in its landfill gas business of 96% and wind availability also at 96% over the period.

Cash and cash equivalents stood at £107.7 million as at 30 June 2015 and net debt at the same date was £527.2 million. There were term loan drawings of £5.7 million on the A'Chruach funding facility. The Galawhistle funding facility was undrawn.

Story provided by StockMarketWire.com

Related Company: INFI

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