NTR In The News
NTR plc Group features regularly in print, online and broadcast media, both in Europe and North America. We have selected some recent items that highlight what the world is saying about the Group and our businesses.
In The News
Greenstar Launches 'All-In-One' Recycling
Houston Business Journal : December 15 2010
Greenstar Recycling said Wednesday it had opened the first “single-stream” recycling facility in Houston.
NTR Chief Suggests Flotation Within Next Two Years
Irish Independent : December 09 2010
The chief executive of utilities group NTR has committed the company to what he described as a “significant liquidity event” within the next two to three years that could lead to either a flotation of the business or the sale of some of its existing asset portfolios.
Dynamo Goes Green With New Jersey
Houston Business Journal : December 08 2010
As expected, the Houston Dynamo on Tuesday unveiled the team’s new uniforms bearing the logo of a new corporate jersey sponsor, Greenstar Recycling.
How They Built Wind Where They Said It Couldn’t Be Done
http://www.greentechmedia.com : November 24 2010
Tom Carnahan, President and CEO of Wind Capital Group, was a St. Louis attorney in 2005 and wanted to get into renewables. Surfing the web, he found a map of the U.S. at the American Wind Energy Association (AWEA) website. States with wind farms were colored in. “Everything was colored in except Missouri in the Midwest,” he said. No Missouri wind farms had been built, Carnahan discovered, because “nobody had ever tried.” Experts told him “you can’t do wind power in Missouri. It’s not going to happen.” A lifelong citizen of the show-me state, this firmed Carnahan’s resolve to do it.
Betting On Success - Six Profitable Quarters For GPRE
Ethanol Producer Magazine : November 15 2010
Green Plains Renewable Energy Inc. CEO Todd Becker credits a successful hedging strategy for much of the company’s success in the third quarter of 2010. “We continued to take advantage of opportunities to lock away forward margins as they became available,” he told investors during a conference call to announce GPRE’s quarterly earnings. “In the past few months, ethanol industry operating margins expanded as ethanol prices increased more than the recent increases in corn prices. As a result, we expect an even stronger fourth quarter.”
NTR Aims To Power Ahead
Sunday Business Post : November 14 2010
Jim Barry, chief executive of NTR, has reined in expectations for the green energy company, after a difficult year which saw investors and lenders run for cover
Renewable Energy Group NTR Losses Rise To €210.6m
Irish Times : November 13 2010
Renewable energy group NTR saw its losses rise to €210.6 million in the year to end of March 2010, up from €22.4 million a year earlier.
Chief executive Jim Barry said this was not a poor trading outcome, as a core part of NTR’s business model involves investing and building value in pre-revenue development companies.
Profits as Green Plains up 35%
The Irish Times : October 27 2010
Profits at Green Plains Renewable Energy, the US bio-diesel subsidiary of Irish utility NTR, grew over 35 per cent to $7.4 million (€5.34 million) in the third quarter of the year, figures released yesterday show. NTR said revenues at Green Plains were up 38 per cent at $496 million in the three-month period ended September 30th from $362 million during the same quarter in 2009.
Green Plains Renewable Energy Smashes Estimates Sees Strong 4th Quarter
http://www.reuters.com : October 27 2010
Green Plains Renewable Energy (GPRE) smashed estimates after the bell today posting an EPS of $0.23/share vs the analyst estimate of just .13/share on revenues of $496 million vs the analyst estimate of $433 million. That’s a 5 percent bump in EPS over the year ago quarter and a 37 percent surge in revenues. That’s the sixth straight profitable quarter and the company expects to remain profitable next year. Not too shabby for any company especially an ethanol company.
NTR Encounters Surprises In Solar and Wind Projects
Green Tech Media : October 08 2010
“If you cut us,” said Jim Barry, CEO of Dublin-based renewables developer NTR, “we bleed development.” One aspect of development is foremost in Barry’s thinking today. “When you overlay the risk profile of launching new technology in 2010 against the state of financial markets and the general macroeconomic context,” he said, “you have challenges.”