Atlantic Power Corp. (AT)

[velcro]

After the last Quarter good results, the stock price has drifted down due to low expectations for this Quarter. Great time to buy.
Thanks for the information, I was not aware of the looming purchase of the Allendale and Dorchester plants in South Carolina from EDF Renewables for only $13 million. Both plants produce 20 MW each. Being biomass fuel even if they only operate at an average of 50% of the time, it's a really good money maker.
Atlantic Power owns a timber burning plant in Michigan (I think) and I wonder how that is doing for them? Different situation than South Carolina.
These two SC plants burning wood chips is likely a winner because pine trees in South Carolina grow like weeds, literally. Whatever is not used for lumber, or making paper is great biomass fuel. Lots of wood chips.
I had a California friend visit South Carolina and feigned shock at the clear cutting of pine trees for houses. Not to worry, I said, they grow like weeds. The tropical storms and hurricanes do worse damage knocking them over like bowling pins due to their shallow roots. The forest grows back quickly.