Infigen Energy
(ASX:IFN) has says it has achieved unaudited revenue of $295.6 million for the 12 months ended 30 June, $3.6 million above guidance, although lower than the $303.7 million recorded the year before.
The renewable energy company says Australia experienced a 44% increase in revenue to $106 million up from $73.6 million the year before.
The result was assisted by the sale of renewable energy certificates and a recovery in the performance of warranty payments.
Infigen says the second half of fiscal 2010 saw stronger market prices in Australia and the US, and has advised that fiscal 2011 production and revenue guidance will be released along with its audited fiscal 2010 financial result on 30 August.
Infigen Energy reported a profit of $189.5 million for the year to 30 June 2009.