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Atlantic Power Corporation Reports Steady Growth in Third-Quarter 2013, Even as PNM Sale is Postponed


Industry Segment: Power | Word Count: 565 Words

SUGAR LAND--November 11, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Non-cash goodwill impairments and a negative mark-to-market adjustment at one project caused power generation company Atlantic Power Corporation (NYSE:AT) (Boston, Massachusetts) to report a $14.9 million decrease in project income for the third quarter when compared with 2012. However, in a webcast on November 8, executives said that cash flows from operating projects had increased from a higher project-adjusted EBITDA. Industrial Info is tracking almost $300 million in projects owned by Atlantic Power.

Other companies featured: PNM Resources Incorporated (NYSE:PNM)

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