Atlantic Power (AT) Reports Q2 Loss of $0.06/sh

Go back to Atlantic Power (AT) Reports Q2 Loss of $0.06/sh

Atlantic Power Corporation Releases Second Quarter 2020 Results

August 6, 2020 5:16 PM EDT

DEDHAM, Mass., Aug. 6, 2020 /PRNewswire/ --

Second Quarter 2020 Financial Results

Net loss attributable to Atlantic Power of $5.7 million or $0.06 per diluted share decreased from net income of $1.2 million or $0.01 per diluted share in Q2 2019 Cash from operating activities of $35.9 million compared to $38.9 million in Q2 2019 Project Adjusted EBITDA of $36.7 million compared to $50.8 million in Q2 2019, primarily due to lower water flows at Curtis Palmer, contractual curtailment and maintenance expense at Williams Lake, Cadillac outage, and extended maintenance outages at Craven and Grayling Repaid $15.8 million of term... More