Capstone Infrastructure Corporation to Announce F2015 Financial Outlook and Host Conference Call
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 12/12/14 -- Capstone Infrastructure Corporation (TSX: CSE)(TSX: CSE.DB.A)(TSX: CSE.PR.A)(TSX: CPW.DB) will announce via press release its fiscal 2015 financial outlook after market close on Thursday, December 18, 2014. Capstone will subsequently hold a conference call on Friday, December 19, 2014 at 8:30 a.m. EST to discuss its fiscal 2015 outlook and provide commentary about the regulatory determination affecting Bristol Water announced today (December 12, 2014).
Ofwat, the regulator with oversight of the UK water industry, has now released its final determination for the business plan that will apply to Bristol Water for the AMP6 period spanning April 1, 2015 to March 31, 2020. Capstone acknowledges that Ofwat has augmented the total wholesale expenditure for Bristol Water to GBP 409 million in the final determination, higher than draft determination level of GBP 358.9 million.
Bristol Water has until February 12th (two calendar months from the final determination) to decide whether to accept Ofwat's final determination or to ask Ofwat to refer it to the Competition and Markets Authority (CMA). As the majority owner of Bristol Water, Capstone will carefully study Ofwat's final determination and incorporate those findings into its fiscal 2015 Outlook.
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About Capstone Infrastructure Corporation
Capstone's mission is to provide investors with an attractive total return from responsibly managed long-term investments in core infrastructure in Canada and internationally. The company's strategy is to develop, acquire and manage a portfolio of high quality utilities, power and transportation businesses, and public-private partnerships that operate in a regulated or contractually-defined environment and generate stable cash flow. Capstone currently has investments in utilities businesses in Europe and owns, operates and develops thermal and renewable power generation facilities in Canada with a total installed capacity of net 449 megawatts. Please visit for more information.
Contacts:
Capstone Infrastructure Corporation
Aaron Boles
Senior Vice President, Communications and Investor Relations
(416) 649-1325
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Datum: 12.12.2014 - 15:28 Uhr
Sprache: Deutsch
News-ID 359137
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TORONTO, ONTARIO
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Investment Opinion
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