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Atlantic Power Corporation Reports Steady Growth in Third-Quarter 2013, Even as PNM Sale Is Postponed, an Industrial Info News


Atlantic Power Corporation Reports Steady Growth in Third-Quarter 2013, Even as PNM Sale Is Postponed, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwired) -- 11/11/13 -- 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)

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/news/abstract.jsp?newsitemID=239348&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact: Joe Govreau 713-783-5147

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