|
|
Article: Atlantic Power Corporation Announces Third Quarter 2009 Results.
- Article from:
- Marketwire Canada
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
TORONTO, ONTARIO, Nov 10, 2009 (Marketwire via COMTEX) -- Atlantic Power Corporation (TSX:ATP.UN)(TSX:ATP.DB) (the "Company") today announced its results for the three and nine months ended September 30, 2009. All amounts are in U.S. dollars unless otherwise indicated.
Highlights:
-- Third quarter Adjusted EBITDA up 3%
-- 83% payout ratio for first nine months of 2009
-- 2009 project distributions guidance raised; long-term guidance confirmed
-- Conversion to common share structure and U.S. listing to enhance growth
prospects
-- Internalization of management fully aligns interests with all investors
"Our results for the first nine ...