Hydro important asset despite production dip, Boralex says

摘要

Renewable energy producer Boralex Inc. said dry weather in Quebec and the northeastern U.S. are to blame for the company's decreased revenues in the quarter ending Sept. 30, 2012. The company reported US$16.2 million in earnings before interest, taxes, depreciation and amortization (FBITDA) on revenues of $33 million for the three-month period. In comparison, Boralex reported $16.7 million in FBFI'DA on $36.2 million in revenue for the same period in 2011.