Energy Developments Limited
(ASX:ENE) has lifted its earnings guidance for the full 2015 financial year after a strong start to the second half.
The clean energy business now expects to generate EBITDA of between $211 million to $216 million from an earlier forecast of between $205 million to $210 million.
Energy Developments has also been aided by high summer electricity pricing in Queensland, improved Large-scale Generation Certificate (LGC) prices and a lower Australian dollar.
Managing Director Greg Pritchard says the company remains well positioned and capitalised for accretive growth with a number of near term opportunities being actively pursued.
Energy Developments reported a net profit of $19.46 million in the first half of the 2015 financial year.
