Dynegy Announces 2010 Annual and Fourth Quarter Financial Results

Dynegy Inc. DYN today announced that Adjusted EBITDA for 2010 was $539 million, compared to $803 million for 2009. The company also reported a net loss attributable to Dynegy Inc. of $234 million or $(1.95) per diluted share for 2010, compared to a net loss of $1.2 billion or $(7.60) per diluted share for 2009.

For the fourth quarter 2010, Adjusted EBITDA was $103 million, compared to $105 million for the fourth quarter 2009. The company also reported a net loss attributable to Dynegy Inc. of $164 million or $(1.36) per diluted share for the fourth quarter 2010, compared to a net loss of $355 million or $(2.33) per diluted share for the fourth quarter 2009.