11:16 AM EST, 01/28/2025 (MT Newswires) -- RBC Capital Markets on Monday revised its estimates for Canadian energy infrastructure companies ahead of their fourth quarter results.
RBC lowered its EBITDA estimate for Boralex ( BRLXF ) to $190 million from $211 million to primarily reflect weak wind resources in France and Canada.
Capital Power's ( CPXWF ) EBITDA forecast was cut to $362 million from $387 million while TransAlta ( TAC ) 's EBITDA projection was down to $280 million from $302 million to primarily reflect lower-than-expected Alberta power prices and production levels.
For Fortis ( FTS ) , RBC trimmed the EPS estimate to $0.84 from $0.86 to primarily reflect less favorable weather and changes related to the valuation of retirement benefits at UNS Energy.
RBC lowered the EBITDA estimate for Superior Plus ( SUUIF ) to US$165 million from US$174 million to primarily reflect mild weather and the weak Canadian currency.
Price: 24.66, Change: -0.84, Percent Change: -3.29