31 January 2018
INFIGEN ANNOUNCES SECOND QUARTER FY18 PRODUCTION AND REVENUE
Infigen Energy (ASX: IFN) today reported unaudited production and revenue for the three months ended 31 December 2017 (Q2 FY18). Infigen will release its FY18 interim financial results (H1 FY18) on 19 February 2018. Accordingly, the following H1 FY18 production and revenue results remain subject to audit review.
Unit | Q2 FY18 | Q2 FY17 | Variance % | H1 FY18 | H1 FY17 | Variance % | |
Production generated | GWh | 354 | 450 | (21) | 854 | 885 | (4) |
Production sold1 | GWh | 339 | 425 | (20) | 815 | 834 | (2) |
Revenue | $ million | 45.5 | 52.4 | (13) | 118.2 | 115.4 | 2 |
The chart below shows historical quarterly production generated for Infigen's Australian portfolio.
Historical production (GWh)
500
400
300
200
100
0
FY13
FY14
FY15
FY16
FY17
FY18
Q1Q2Q3Q4
ENDS
For further information please contact:
Marju Tonisson
Manager, ESG & Investor Relations Tel +61 2 8031 9900
About Infigen Energy
Infigen is a business actively participating in the Australian energy market. It is a developer, owner and operator of generation assets delivering energy solutions to Australian businesses and large retailers. Infigen has 557 MW of installed generation capacity across New South Wales, South Australia and Western Australia with a further 113 MW under construction in New South Wales. It sells the electricity and Large-scale Generation Certificates (LGCs) through a combination of medium and long term contracts and through the spot market.
Infigen is looking to diversify and expand its customer base and will grow its generation portfolio in response to strong price and investment signals.
Infigen Energy trades on the Australian Securities Exchange under the code IFN.
For further information please visit our website:www.infigenenergy.com
1 After marginal loss factors
Infigen Energy Limited published this content on 31 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 January 2018 22:24:02 UTC.
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