CountourGlobal trades well as it prepares for KKR-driven takeover
28th Oct 2022 08:05
(Sharecast News) - Wholesale power generation operator ContourGlobal reported a "strong" operational performance in the first nine months of the year on Friday, with an average availability factor of 93.4% across its thermal and renewable fleets, compared to 93.9% year-on-year.
Read moreCountourGlobal performs better than expected in first half
10th Aug 2022 10:35
(Sharecast News) - Power generation plant operator ContourGlobal reported a 44% improvement in first-half consolidated revenue on Wednesday, to $1.35bn.
Read moreContourGlobal remains 'resilient' despite 'unprecedented turbulence' in energy markets
13th May 2022 07:17
(Sharecast News) - Wholesale power firm ContourGlobal said on Friday that its diversified business remained "resilient and well positioned" despite "unprecedented turbulence" in global energy markets.
Read moreContourGlobal sells Brazil hydroelectric generation business
20th Jan 2022 08:19
(Sharecast News) - British power generation firm ContourGlobal has sold its Brazil hydroelectric generation business to Patria Investments for BRL 1.73bn (£229.68m) as part of an effort to create "compelling value" for shareholders.
Read moreContourGlobal acquires share of Green Hunter solar portfolio
24th Nov 2021 07:54
(Sharecast News) - ContourGlobal said on Wednesday that, in partnership with Energy Infrastructure Partners (EIP), it has completed the acquisition of Green Hunter Group.
Read moreContourglobal performs 'well' in Q3, hikes dividend
25th Oct 2021 08:57
(Sharecast News) - Power generation business Contourglobal said on Monday that it had "performed well" financially in the three months ended 30 September, leading the group to up its third-quarter dividend payment by 10% year-on-year.
Read moreContourGlobal lifts guidance after strong first half
6th Aug 2021 07:55
(Sharecast News) - Power generation company ContourGlobal raised its full-year earnings guidance on Friday, after a strong first-half performance across its fleet of 115 power plants.
Read moreContourGlobal reports strong first quarter performance
13th May 2021 08:37
(Sharecast News) - Wholesale power generation company ContourGlobal reported "strong" operational and financial performance in the quarter ended 31 March on Thursday, with an average availability factor of 98.1% for the thermal fleet and 95.8% for renewable, compared to 96.4% and 96.2% respectively a year earlier.
Read moreContourGlobal lifts dividend as FY profits rise
19th Mar 2021 08:08
(Sharecast News) - US power generation firm ContourGlobal lifted its dividend as it reported a rise in annual adjusted core earnings boosted by its acquisition of Mexican CHP assets.
Read moreContourGlobal chairman says shares undervalued
28th May 2020 08:12
(Sharecast News) - ContourGlobal's chairman said the company's shares were undervalued as he stuck to the company's target of a 10% increase in the annual dividend.
Read moreContourGlobal sees no coronavirus impact as earnings rise
17th Mar 2020 09:21
(Sharecast News) - ContourGlobal said it expected no significant disruption from the coronavirus epidemic in the current financial year as the power generation company reported a 15% increase in earnings for 2019.
Read moreContourGlobal sees FY profit 'modestly' below expectations
5th Dec 2019 07:20
(Sharecast News) - Wholesale power generator ContourGlobal said it expected full year core earnings to be below guidance after a delay in closing the deal on its Mexico acquisition.
Read moreContourGlobal earnings rise as it makes good portfolio progress
22nd May 2019 09:50
(Sharecast News) - ContourGlobal reported a 23.5% improvement in its adjusted EBITDA for the first quarter of on Wednesday to $147.0m, which it put down to the acquisition of the 250 MW Concentrated Solar Power facilities in the southwest of Spain in May last year, as well as improved wind resource and availability, partially offset by foreign exchange movements in the euro and Brazilian real.
Read moreContourGlobal partners with General Electric for Kosovo project
3rd May 2019 07:32
(Sharecast News) - ContourGlobal and the government of Kosovo have selected General Electric to provide engineering, procurement and construction (EPC) and long-term maintenance at Contour's e Re Power Plant Project in the country.
Read moreContourGlobal earnings boosted by acquisitions
5th Apr 2019 07:59
(Sharecast News) - Power generator ContourGlobal posted a jump in full-year profit and revenue on Friday, boosted by acquisitions, as it announced the appointment of Stefan Schellinger as its new chief financial officer.
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