Infinis Energy CEO Interviewed on Full-Year Results and Market Update
LONDON, June 19, 2014 /PRNewswire/ --
In a video interview to coincide with Infinis Energy's 2014 Preliminary Results - their first since listing in November - CEO Eric Machiels says that the company is delivering on the commitments that it made to investors at the time of the IPO to pay a £55m dividend in the first full financial year post listing and to increase onshore wind capacity by 130-150MW. He also reveals the company achieved its best ever EBITDA performance, up by 18% to £148m.
Looking more broadly at the renewables sector he explains that the UK's binding commitment to add a further 20 gigawatt of renewable generation capacity by 2020 will benefit Infinis' focus on onshore wind; "of all the technologies available, it is the lowest-cost, most proven and commercially deployable technology out there."
He also considers the impact of transitioning the government's revenue support programme from the renewables obligation to contracts for difference, and discusses the implications of a possible 'yes' vote in the Scottish independence referendum.
The interview and transcript are available now on http://video.merchantcantos.com.
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SOURCE Infinis Energy Plc