ReNew Energy Global plc T.RNW

Primary Symbol: RNW

Utilities Utilities - Independent Power Producers

ReNew Energy Global Plc is a United Kingdom-based company. The Company is a utility-scale renewable energy solutions providers in India. It operates wind, solar, and hydro energy projects. It provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services. It carries out business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries. It has primarily two reportable segments, namely wind power and solar power. Its wind power segment operates utility-scale wind energy projects in India and solar power segment operates its utility-scale and distributed solar energy projects in India. Other operations of the Company primarily include the sale of electricity from Hydro power and construction and maintenance of transmission lines. It offers a total commissioned capacity of 7.98 GW and an additional 5.72 GW of committed capacity.

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ReNew Energy Global plc > 2022 Q1 Results

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Comment by bossuon May 04, 2022 4:17pm

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Post# 34656446

RE:RE:2022 Q1 Results

'''From yje FR;
''The Company is actively evaluating any options that may be available to recover these costs from third parties and insurance.
So the $ 200 M tag price or part might be recoverable but it will be a long process.

bossu wrote: -Net earnings attributable to common shareholders decreased by $11 million to $41 million, primarily due to the extended outage at the Kent Hills 1 and 2 wind facilities
So $ 11 M/per quarter decrease earning
-rehabilitation starting in the Q2 2022 and back in service in the second half next year
-so a 6 quarters of lost revenue or $ 66 M
-Price tag for the ''fiasco'' repair cost of $ 120 M plus lost revenues or a ball park of $ 200 M
Is there a possibility to sue the compay responsible for the construction of the
Kent Hills 1 and 2 wind facilities ?

ckwong wrote: TransAlta Renewables Reports First Quarter 2022 Results and Announces Mount Keith Transmission Expansion Project

First Quarter 2022 Financial Highlights

Adjusted EBITDA ^(1),(2) of $139 million , an increase of 13% to the same period in 2021

Free cash flow ("FCF") ^(1),(3) of $108 million , an increase of 9% to the same period in 2021

Cash available for distribution ("CAFD") ⁽¹⁾ of $90 million or $0.34 per share, consistent on a per-share basis compared to 2021

Earnings before income taxes of $49 million , a decrease of 20% from 2021

Cash flow from operating activities of $103 million , consistent with the same period in 2021