Atlantic Power (AT) Reports Q4 EPS of $0.18
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Atlantic Power Corporation Releases Fourth Quarter and Year End 2018 Results
February 28, 2019 5:22 PM ESTDEDHAM, Mass., Feb. 28, 2019 /PRNewswire/ --
Full Year 2018 Highlights
Net income attributable to Atlantic Power of $36.8 million vs. net loss of $(98.6) million in 2017 Cash from operating activities of $137.5 million decreased from $169.2 million in 2017, but was modestly above Company's expectation Project Adjusted EBITDA of $185.1 million in 2018 decreased from $288.8 million in 2017, but was at the high end of Company's guidance range of $170 million to $185 million Repaid $100.3 million of term loan and project debt; achieved leverage ratio of 4.5 times at December 31, 2018 Executed two re-pricings of credit facilities, resulting in additional interest cost savings... More