Dynegy provides 2017 and 2018 financial forecast

By Reuters

April 11, 201712:07 PM UTCUpdated ago

April 11 (Reuters) - Dynegy Inc

* Dynegy Inc sees 2017 adjusted EBITDA $1,253 million; sees 2018 adjusted EBITDA $1,532 million - presentation

* Dynegy Inc - forecasted cash spend in 2017 and 2018 has been materially reduced

* Dynegy Inc - total cash benefit expected to exceed $250 million in aggergate for 2017 and 2018

* Dynegy Inc - forecasted cash spend in 2017 and 2018 has been materially reduced due to an about 2-year delay in most ELG spend among other reasons

* Dynegy Inc - forecasted cash spend in 2017 and 2018 has been materially reduced also due to rescheduled outages/scope reductions

* Dynegy- 2017, 2018 forecasted cash spend also reduced due to restructuring of PJM capacity monetization to delay settlement to 2019/20 planning year Source text for Eikon: Further company coverage:

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Purchase Licensing Rights

Dynegy provides 2017 and 2018 financial forecast

Read Next

Legal

US judge halts rule capping credit card late fees at $8

Thomson Reuters Products

Westlaw, opens new tab
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.

Onesource, opens new tab
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.

Checkpoint, opens new tab
The industry leader for online information for tax, accounting and finance professionals.

LSEG Products

Workspace, opens new tab
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

Data Catalogue, opens new tab
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.

World-Check, opens new tab
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.

Read Next

LegalChevron

US judge halts rule capping credit card late fees at $8

WestlawNew Tab, opens new tabBuild the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.

OnesourceNew Tab, opens new tabThe most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.

CheckpointNew Tab, opens new tabThe industry leader for online information for tax, accounting and finance professionals.

WorkspaceNew Tab, opens new tabAccess unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

Data CatalogueNew Tab, opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.

World-CheckNew Tab, opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.