Keel Infrastructure Publishes Q3 2026 Earnings Call Transcript
Bitget2026/11/05 14:14- Keel Infrastructure’s third-quarter 2026 earnings call featured CEO Ben Gagnon, CFO Jonathan Mir and investor relations representative Laine Yonker.
- Management abandoned its three-lease year-end target as Pennsylvania’s new regulatory framework delayed permitting and commercial timelines by months; no prospective customers withdrew.
- Moses Lake entered construction, targeting initial energization and HPC revenue in 2027; Sharon and Panther Creek substations remain on schedule for energization.
- Revenue fell to USD 28 million from USD 68 million a year earlier; loss from continuing operations widened to USD 62 million.
- Unrestricted cash totaled USD 780 million on November 4; management expects no external debt or equity financing before signing a lease.
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