Jeffery Norman: Yeah. It’s Jeff, David. And we continue to see, and I think it’s partially because of the long relationships that we’ve had with a number of tax equity providers, but we continue to see strong interest in — in our projects moving forward. And I’d say the one new twist is being able to sell the tax credits as opposed to just doing the traditional flip structure, and that — that is opening up additional participants into the market. So I think the, the way that things have been structured with the Inflation Reduction Act to bring additional parties into that market is important, and I think it’s going to work.
Christopher Huskilson: Yeah. And I would just add, it’s definitely early days in the, in that part of the tax market, but we’re actually starting to see it materialize quite quickly.
David Quezada: Okay, excellent. Thanks for that. And then maybe just one more, just thinking about procurement for solar panels, I guess at Carvers Creek and Clearview. Could you just remind us where you are with that and if prices have come down maybe since the time that you underwrote that investment?
Christopher Huskilson: Yeah. So the, the panels for both of those projects were contracted earlier in the year. They are in line with what we expected when we underwrote the projects. We have seen a little bit of a decline in panel pricing as we’ve gone through this year, and so which I think is good news. But overall, panel pricing is stable to a slight decline.
David Quezada: Great. Thanks. I’ll, I’ll turn it over.
Christopher Huskilson: Thank you.
Jeffery Norman: Thanks. Thanks, David.
Operator: There are no further questions at this time. I will turn the call over to Mr. Chris Huskilson.
Christopher Huskilson: Okay. Well, thank you very much, folks, for attending our third quarter 2023 call. We appreciate your interest in the company, and we appreciate your time. So thank you very much and stay tuned for Brian to read the disclaimer.
Brian Chin: Thanks, Chris. Our discussion during this call contains several forward-looking information pieces, including but not limited to statements, statements regarding expected future dividends, growth and earnings, as well as statements regarding the sale of the Company’s renewable energy business. This forward-looking information is based on certain assumptions, including those described in our most recent MD&A and annual information form filed on SEDAR. In addition, this forward-looking information is subject to risks and uncertainties that could cause actual results to differ materially from the historical results, anticipated by forward-looking information. Forward-looking information provided during this call speaks only as of the date of this call and is based on the plans, beliefs, estimates, projections, expectations, opinions and assumptions of management as of today’s date, there can be no assurance that forward-looking information will prove to be accurate, and you should not place undue reliance on forward-looking information.
We disclaim any obligation to update any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law. In addition, during the course of this call, we may have referred to certain non-GAAP measures and ratios including, but not limited to adjusted net earnings, adjusted net earnings per share or adjusted net EPS, adjusted EBITDA, adjusted funds from operations, and divisional operating profit. There’s no standardized measure of such non-GAAP measures, and consequently our method of calculating these measures may differ from methods used by other companies. And therefore may not be comparable to similar measures presented by other companies.
For more information about forward-looking information and non-GAAP measures, including a reconciliation of non-GAAP financial measures to the corresponding GAAP measures, please refer to our most recent MD&A filed on SEDAR and available on our website. With that, we’ll close out the call. Thank you very much.
Operator: This concludes today’s conference call. You may now disconnect.
