Announcement
GENERAL: IFT: Tilt Renewables: Dundonnell Wind Farm Update
08:31am
IFT
10/07/2020 08:31
GENERAL
PRICE SENSITIVE
REL: 0831 HRS Infratil Limited
GENERAL: IFT: Tilt Renewables: Dundonnell Wind Farm Update
Tilt Renewables Limited ('Tilt Renewables'), in which Infratil is a 65%
shareholder, announced this morning that it expects its FY2021 EBITDAF to be
in the range of A$65 million to A$80 million, which is a decrease from its
earlier guidance range of A$80 million to A$95 million. The Tilt Renewables
announcement is also attached.
As part of Infratil's FY2020 results announcement on 29 May 2020, Infratil
advised that the continued uncertainty over the duration and impact of the
COVID-19 pandemic meant FY2021 Group earnings or dividend guidance could not
be provided at that stage, but Infratil would provide FY2021 Group guidance
when it had sufficient certainty. As part of that same announcement,
Infratil provided component guidance for FY2021 EBIDTDAF for each of
Trustpower, Tilt Renewables and CDC Data Centres, which included the earlier
Tilt Renewables FY2021 EBITDAF guidance range referred to above.
Infratil does not yet have sufficient certainty to provide FY2021 Group
guidance but notes the updated guidance range provided by Tilt Renewables'
today.
Any enquiries should be directed to:
Mark Flesher, Investor Relations, Infratil Limited mark.flesher@infratil.com
End CA:00356046 For:IFT Type:GENERAL Time:2020-07-10 08:31:36
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