Good Energy, the independent supplier and generator of renewable energy, has announced the sale of its 5MW Oaklands solar farm. The statement also comments that although the Group had prudent hedging in place, trading was negatively impacted by exceptional volatility in short term power prices between late October and late November but in December had returned to more normal conditions. We have reduced our FY16 PBT estimate by £0.2m to take account of the additional costs associated wit

21 Dec 2016
Trading update and disposal

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Trading update and disposal
- Published:
21 Dec 2016 -
Author:
Ian Berry -
Pages:
5 -
Good Energy, the independent supplier and generator of renewable energy, has announced the sale of its 5MW Oaklands solar farm. The statement also comments that although the Group had prudent hedging in place, trading was negatively impacted by exceptional volatility in short term power prices between late October and late November but in December had returned to more normal conditions. We have reduced our FY16 PBT estimate by £0.2m to take account of the additional costs associated wit