Tilt affirms guidance; Dec qtr production misses long-term expectations

Thu, 17 Jan 2019

By Gavin Evans Jan. 18 (BusinessDesk) - Tilt Renewables has left its full-year earnings guidance in place after December quarter production fell about 5 percent shy of long-term expectations. The firm’s wind farms in New Zealand and Australia delivered 519 gigawatt-hours of electricity during the three months, 12 percent more than a year earlier. But after a strong performance in both countries in the September quarter, production in New Zealand late last year was 5 percent lower than the year before and also below long-term expectatio...

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