Algonquin Power Income Fund Announces 2009 First Quarter Financial Results.

PR Newswire | May 7, 2009 | Copyright

OAKVILLE, ON, May 7 /PRNewswire-FirstCall/ -- Algonquin Power Income Fund (the "Fund" or "Algonquin Power") (TSX: APF.UN) today announced financial results for the first quarter ended March 31, 2009, posting increased revenue, growth in adjusted net earnings, and stable earnings before interest, taxes, depreciation, and amortization ("EBITDA").

For the first quarter of 2009, revenue increased to $52.2 million as compared to $48.0 million in the first quarter of 2008. The increase in revenue is primarily due to higher energy production generated from Canadian ...

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