Atlantic Power & Infrastructure Corp. (AWSL)

[veridique]

According to the Q1 Report;


The company's greenfield pipeline includes more than 350 MW of utility scale solar projects at various stages of development in Canada, Europe, South and Central America.

The amount of time to develop a project from greenfield to shovel ready status is approximately one year in most markets.

Greenfield generally refers to the concept stage.

After greenfield, the second stage is referred to as mid stage...then there come construction ready, then finally COD (commercial operation).

In the last quarterly report, it stated the company had 2GW of pipeline and 350MW of greenfield projects.

Why havent ANY of their projects moved forward ? Why are they all sitting in concept status still ?


I think we all know why. The same reason they still refer to the Ecuador projects as if they are still viable.

BTW, those Ecuador PPA's would have lapsed years ago, on the condition the projects were never built. This is common practice.

Scammers, IMO.


Buyer beware.