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Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2021


Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2021
Highlights for the First Quarter Ended March 31, 2021:
Adjusted net income
1 of $58.0 million, or $2.83 per share, for the three months ended March 31, 2021 compared to $33.3 million, or $1.34 per share, for the three months ended March 31, 2020, an increase of 74.2%.
Operating revenues of $132.1 million for the three months ended March 31, 2021 compared to $106.2 million for the three months ended March 31, 2020, an increase of 24.4%.
Adjusted EBITDA
1
of $96.3 million for the three months ended March 31, 2021 compared to $71.9 million for the three months ended March 31, 2020, an increase of 33.9%.
Total contracted operating revenues were $1.2 billion as of March 31, 2021, with charters extending through 2028 and remaining average contracted charter duration of 2.9 years, weighted by aggregate contracted charter hire. ....

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Advanced Power : achieves financial close of 140-MWdc Cutlass Solar project in Fort Bend County, Texas


Advanced Power : achieves financial close of 140-MWdc Cutlass Solar project in Fort Bend County, Texas
04/28/2021 | 01:31pm EDT
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BOSTON, April 28, 2021 /PRNewswire/  Advanced Power announced today that it has successfully closed the financing of Cutlass Solar, a 140-MWdc photovoltaic solar electric generating facility located in Fort Bend County, Texas. Advanced Power, together with its co-investors, ENEOS Corporation ( ENEOS ) and Fuyo General Lease Co., Ltd. ( Fuyo ), are the owners of the facility.
CIT Bank, N.A., Credit Agricole Corporate & Investment Bank and Amalgamated Bank are providing senior secured credit facilities to Cutlass Solar. CIT acted as coordinating lead arranger, administrative agent, collateral agent and depositary bank for the transaction. ....

United States , City Of , United Kingdom , Fort Bend County , Jonathan Winslow , Collin Brown , Innis Maggiore , Veronica Smith , Thomas Spang , Gw South Field Energy , Lease Co Ltd , Credit Agricole Corporate Investment Bank , Advanced Power , Cutlass Solar , Agricole Corporate , Investment Bank , Amalgamated Bank , Field Energy , ஒன்றுபட்டது மாநிலங்களில் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , கோட்டை வளைவு கவுண்டி , ஜொனாதன் வின்ஸ்லோ , கோலின் பழுப்பு , இன்னிஸ் மாகியோர் , வெரோனிகா ஸ்மித் ,