News: IFN Infigen Sees FY21 Net Rev, EBITDA Materially Lower Than FY20

Aug 3 (Reuters) - Infigen Energy Ltd (IFN) :

• SEES NON-CASH LOSS ON FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS ON CONTRACTED ASSETS IN ORDER OF $15-20M IN FY
• Q4 NET REVENUE $47.1 MILLION VERSUS $63.5 MILLION
• SEES PROVISION FOR FEES RELATED TO CHANGE OF CONTROL TRANSACTIONS OF ABOUT $8M IN FY20
• Q4 GENERATION SOLD 451 GWH VERSUS 433 GWH
• ANNOUNCES NET REVENUE AND EBITDA IN FY21 TO BE MATERIALLY LOWER THAN FY20
• INFIGEN SEES NON-CASH LOSS OF $17-19M FROM INTEREST RATE SWAPS WITH RESPECT TO CORPORATE FACILITY BEING CLASSED AS INEFFECTIVE IN FY