Significant Revenue Growth
Revenue increased 40% year-over-year, demonstrating strong financial performance and market demand.
Impressive Net Income Increase
Net income increased 14 times compared to the previous year, showcasing profitability improvements.
Strong Adjusted EBITDA Growth
Adjusted EBITDA increased 1.6 times, indicating improved operational efficiency and profitability.
Successful Power Sales Contract
Executed a $20 million prepaid forward power sales contract for delivery through 2027, providing liquidity and supporting operations.
Potential Capacity Expansion
Submitted an application to add an additional 525 megawatts of gas generation at the Meramec site, aiming for future growth.
Increased Energy Sales
Electric sales for the third quarter increased by 29%, driven by higher energy demand and natural gas prices.
Strong Coal Production and Shipments
Coal sales increased 42%, with production up 18%, contributing to reduced inventories and improved operational leverage.