Q1 CCJust listened to the CC. Here are my notes:
- They had a penalty related to their Peru production worth around $900k in EBITDA which should not be re-occurring.
- 10 MW binary unit to be built at San Jacinto, adding $9-10M EBITDA (18 months build time)
- Panama project to start development shortly
- On M&A, they have multiple options and could make a move shortly
- They want to restart dividend increases, but will be modest
- They will start selling carbon credits, small revenue short term but could be bigger revenues going forward.
Next growth in revenue will likely happen only in 18-24 months but could be fairly large for the company.