Tuesday 1st December 2020 |
Text too small? |
Variable Volume Fixed Price Agreement (VVFPA)
Further to the NZ Windfarms’ market announcement on 19 October 2020, we are pleased to advise that all documentation and schedules in relation to that transaction have been completed and executed.
FY2021 EBITDAF Guidance Range
As a result of the renewed VVFPA, the Company is pleased to announce its FY2021 EBITDAF guidance range of $5.7m to $6.3m.
While this guidance is below last year’s record EBITDAF of $8.0m it stills represents the second best result NWF has ever faced.
Guidance is provided on the basis of information available to the Board at this time and is subject to variations such as climatic and other factors outside of the Company’s control. Forward electricity generation is based on historical production volumes adjusted for relevant factors. Wind generation can be extremely volatile due to a range of factors outside our control. The Company will update the market on EBITDAF guidance as the financial year progresses. As at 30 November 2020 cash on hand was $3.05m.
See the link below for more details:
VVFPA Document Completion and FY2021 EBITDAF Guidance Range
No comments yet
FY24 Results Announcement Date and Briefing Details
Fonterra appoints permanent CFO
Harapaki wind farm now on track for mid-winter completion
Rabobank picks $8.40 kg/MS forecast milk price for 24/25 dairy season, but warns global dairy price recovery now likely to be slower
Kiwi Property FY24 annual results announcement date
MFB - FY24 Results Announcement Date and Briefing Details
AIA - Announces books closed for retail bond offer
May 8th Morning Report
NZ-UAE free trade on the table
ANZ - 2024 Half Year Results Documents