MD&A is out A few interesting notes:
- the tarrif increase is still being hammered out, and is currently going through the appropriate government ministries for approval, but is expected to add $8-11M revenue per annum, or about 2.8 to 3.8 cents per share, and will have an escalation clause
- Phase II is 84% complete with CoD expected in Decemeber 2012
- Phase I is running at name plate capacity (36MW) which is below its full operating potential because of construction on Phase II. Nonetheless its revenue for the six months was 85% profit.
- Phase III (the binary unit) is set for construction late 2013 and operation in Q4