Financial Services Industry
Industry: Email Alert RSS FeedGreat Lakes Hydro Income Fund.(Brief Article)
Buyside, October, 2001
Dennis Lawrence
8/21/01
(GLH.UN: TSE)
RECOMMENDATION: BUY
Dennis Lawrence
COMPANY DESCRIPTION:
The Great Lakes Hydro Income Fund is an unincorporated open-ended trust that indirectly owns, operates and manages two integrated hydroelectric power generation, transmission and distribution systems: the Maclaren System located in Quebec and the Powell River System located in British Columbia. The two systems include five hydroelectric generating stations with a gross installed capacity of approximately 320 megawatts and 70 km of transmission lines with interconnections to the Quebec, Ontario and British Columbia power grids.
Q2 RESULTS AND OUTLOOK:
Distributions were $0.275 per unit for the...
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