Comparable earnings for the year ended December 31, 2011 were $1.565 billion or $2.23 per share compared to $1.361 billion or $1.97 per share in 2010. The increase was primarily due to higher power prices in Alberta and incremental earnings from recently commissioned assets. Partially offsetting these increases were higher interest expenses and lower contributions from Bruce Power, Natural Gas Storage and US Power.
TransCanada reports 2011 comparable earnings of $1.6 billion
No comments:
Post a Comment