Tilt Renewables (ASX:TLT) shares quarterly update, registers massive production

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Tilt Renewables (ASX:TLT) shares quarterly update, registers massive production

The dual-listed firm Tilt Renewables Limited (ASX:TLT), (NZX:TLT) shared its December 2020 quarterly production details via an announcement on 15 January 2021. 

Here are some key pointers from the update:

  • For the December 20 quarter, total group production was 62% up as compared to the December 2019 production.
  • The soaring production, as per the release, is triggered by a massive energy contribution of 189 Gigawatt hours done by the 336MW Dundonnell Wind Farm (DDWF).
  • A 30-Gigawatt hours support from the 133MW Waipipi Wind Farm (WWF) too contributed to the upward production. WWF is in construction and this is the first recorded production during the December quarter.
  • The fully operational Australian assets produced 4% below the December 2019 quarter. This can be credited to the elevated curtailment of Snowtown 1 due to AEMO constraints in South Australia.

Meanwhile, the stock TLT was spotted trading at AU$5.510 at 1:59 PM AEDT.   

DETAILED DISCUSSION AT: Tilt Renewables (ASX:TLT) registers robust production growth in December quarter 2020

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