Revenues from wind increased by 31% to £2.5 m, while revenue from landfill gas increased 1% to £27.2 m and revenue from hydroelectric projects increased 7% to £3.4 m. The company’s average sale price increased to £60 per megawatt hour (MWh) compared to £57 MWh in 2007.
However, the company’s EBITDA was down 9% to £10.3m due to the company increasing investment in its development portfolio, particularly in the area of “pre construction expenses.”
