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Atlas Reports Second Quarter 2021 Results

Atlas Reports Second Quarter 2021 Results
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Seaspan Announces Order for Ten 7,000 TEU Dual-Fuel LNG Containership Newbuilds

Seaspan Announces Order for Ten 7,000 TEU Dual-Fuel LNG Containership Newbuilds
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ZIM and Seaspan Announce New Long-Term Chartering Agreement for Ten 7,000 TEU LNG-Fueled Vessels

ZIM and Seaspan Announce New Long-Term Chartering Agreement for Ten 7,000 TEU LNG-Fueled Vessels
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APR Energy Announces North American Grid Stability Solution

APR Energy Announces North American Grid Stability Solution
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ANNOUNCES US MARKET CONTRACT TO PROVIDE THREE MOBILE TURBINES TO CALIFORNIA S IMPERIAL IRRIGATION DISTRICT
LONDON, May 5, 2021 /PRNewswire/ - APR Energy Ltd. ( APR ), a wholly-owned subsidiary of Atlas Corp. ( Atlas or the Company ) (NYSE: ATCO), announced today that it has secured a contract with California s Imperial Irrigation District ( IID ) to utilize three gas turbines to place power dense distributed generation capacity over three sites during the 2021 summer months. APR s fast-track power solution will assist in maintaining frequency and provide needed backup capacity within IID s service territory, which covers 6,471 square miles, including all of Imperial County and parts of Riverside and San Diego counties. APR s services will serve as an integral part of IID s commitment to maintaining capacity reserve margins and grid stability within its large system d ....

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Atlas Reports Fourth Quarter and Full Year 2020 Results

Atlas Reports Fourth Quarter and Full Year 2020 Results
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(1) of gross contracted cash flows since November 2020
Revenue Growth of 25.9% in Q4 and 25.6% in FY2020
Funds from Operations Growth of 45.2% in Q4 and 65.8% in FY2020
Adjusted EBITDA Growth of 32.0% in Q4 and 29.3% in FY2020
Atlas Recognizes Asset Impairment driven by Legacy Technologies in APR Energy
Atlas Corp.
Financial Performance:
Revenue growth of 25.9% to $362.7 million and 25.6% to a record of $1,421.1 million for the quarter and year ended December 31, 2020, respectively, compared to the same periods in 2019
Funds From Operations ( FFO )
(2) growth of 45.2% to $162.8 million and 65.8% to a record of $622.3 million for the quarter and year ended December 31, 2020, respectively, compared to the same periods in 2019 ....

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