ENMAX, EPCOR Results Are Solid

摘要

ENMAX Corporation and EPCOR Utilities Inc., the two major municipally owned utilities in Alberta, have reported delivering solid first quarter results.rnCalgary-owned ENMAX recorded about $48 million in next earnings, excluding the estimated impact relating to a regulatory decision that was retroactive to Jan. 1, 2007 for the first quarter of 2009. Its adjusted earnings represented a $10 million increase from the $3 8 million recorded in the same quarter of 2008.rnFor ENMAX, the regulatory decision reflected a revenue increase of $ 12 million to retroactively recover costs incurred in 2007 and 2008 in the regulated transmission and distribution businesses, which were recorded in the first quarter this year.