International Power publishes interim statement

London-based electricity generator International Power has published its Interim Management Statement in respect of the period 1 January 2011 to 27 April 2011.

Following the successful combination of International Power with GDF Suez Energy International in early February, the company’s enlarged portfolio of assets is performing in line with its expectations.

Pro forma revenue for the quarter ended 31 March 2011 was €4,046m (£3,594m) up nine per cent compared to the equivalent pro forma in 2010.

More than 2GW (net) of new capacity is expected to be operational by the end of 2011.