Company Reports Q1 Revenue of $275M, Below Expectations
Reports Q1 revenue $275M, consensus $323.8M. "We delivered a solid start to 2026, with portfolio performance in line with expectations as we executed on our strategic priorities," said CEO Alan Liu. "We advanced our repowering program, completing approximately 30% of our planned 2026 repowerings to date. We also advanced our battery storage co-investment with NextEra Energy Resources, electing to participate with a 49% expected interest in each of the four projects, which are expected to add approximately 200 net megawatts of battery storage capacity to our portfolio by year-end 2027. Looking ahead, we remain focused on simplifying our capital structure and allocating capital into attractive, value-enhancing investments within our existing asset base."
