Exhibit 99.1

APLP HOLDINGS LIMITED PARTNERSHIP

AND SUBSIDIARIES

Consolidated Financial Statements (unaudited)

For the three months ended March  31,  2019 and 2018

APLP HOLDINGS LIMITED PARTNERSHIP

AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(in millions of U.S. dollars)

(unaudited)

	March 31,		December 31,
	2019		2018
Assets
Current assets:
Cash and cash equivalents	$	27.2	$	22.4
Restricted cash		0.5		2.1
Accounts receivable - trade, unbilled and other		28.9		35.5
Accounts receivable - related party		33.7		33.6
Current portion of derivative instruments asset		2.7		4.2
Inventory		13.1		15.8
Prepayments and other current assets		6.5		6.7
Total current assets		112.6		120.3
Property, plant, and equipment, net		544.5		550.5
Equity investment in unconsolidated affiliates		147.2		140.9
Power purchase agreements and intangible assets, net		163.3		170.1
Goodwill		21.4		21.4
Derivative instruments asset		—		0.3
Other assets		6.1		5.8
Total assets	$	995.1	$	1,009.3
Liabilities
Current liabilities:
Accounts payable	$	3.9	$	2.1
Related party payables		24.5		20.8
Accrued interest		2.5		0.2
Other accrued liabilities		11.0		14.9
Current portion of long-term debt		78.1		68.1
Current portion of derivative instruments liability		5.0		3.3
Other current liabilities		0.6		0.1
Total current liabilities		125.6		109.5
Long-term debt, net of unamortized discount and deferred financing costs		520.1		540.7
Derivative instruments liability		14.8		15.5
Deferred income taxes		8.6		9.4
Power purchase and fuel supply agreement liabilities, net		20.9		21.2
Other long-term liabilities		51.3		51.0
Total liabilities		741.3		747.3
Commitments and contingencies
Equity
Partners' capital		1,127.4		1,128.5
Accumulated other comprehensive loss		(142.4)		(144.4)
Retained deficit		(914.0)		(921.4)
Total APLP Holdings Limited Partnership equity		71.0		62.7
Preferred shares issued by a subsidiary company		183.2		199.3
Total equity		254.2		262.0
Total liabilities and equity	$	995.5	$	1,009.3

APLP HOLDINGS LIMITED PARTNERSHIP

AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(in millions of U.S. dollars)

(unaudited)

	Three months ended
	March 31,
	2019		2018
Project revenue:
Energy sales	$	37.0	$	38.4
Energy capacity revenue		30.2		20.1
Other		5.8		21.5
		73.0		80.0
Project expenses:
Fuel		20.0		22.2
Operations and maintenance		16.2		21.0
Depreciation and amortization		16.1		23.8
		52.3		67.0
Project other income (expense):
Change in fair value of derivative instruments		(2.4)		3.8
Equity in earnings of unconsolidated affiliates		12.9		12.3
Interest expense, net		(0.3)		(0.6)
		10.2		15.5
Project income		30.9		28.5
Administrative and other expenses (income):
Administration		1.4		0.8
Interest, net		9.1		11.5
Foreign exchange loss (gain)		3.2		(4.7)
Other expense		3.5		3.3
		17.2		10.9
Income before income taxes		13.7		17.6
Income tax expense		0.7		3.3
Net income		13.0		14.3
Net loss attributable to preferred shares of a subsidiary company		(6.5)		(1.7)
Net income attributable to APLP Holdings Limited Partnership	$	19.5	$	16.0

APLP HOLDINGS LIMITED PARTNERSHIP

AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions of U.S. dollars)

(unaudited)

	March 31,
	2019		2018
Cash flows from operating activities:
Net income	$	13.0	$	14.3
Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization		16.1		23.8
Stock-based compensation expense		0.6		0.6
Distributions from unconsolidated affiliates		5.8		6.6
Equity in earnings from unconsolidated affiliates		(12.9)		(12.3)
Unrealized foreign exchange loss (gain)		3.2		(4.8)
Change in fair value of derivative instruments		2.4		(3.8)
Change in deferred income taxes		(0.6)		2.3
Amortization of debt discount, deferred financing costs		1.5		1.8
Change in other operating balances
Accounts receivable		5.0		26.6
Inventory		2.7		1.6
Prepayments, supplies and other assets		(0.2)		0.5
Accounts payable		6.0		4.3
Accruals and other liabilities		(1.2)		(4.1)
Cash flows provided by operating activities		41.4		57.4
Cash flows provided by (used in) investing activities:
Proceeds from asset sales		1.5		—
Purchase of property, plant and equipment		(0.3)		(1.1)
Cash flows provided by (used in) investing activities		1.2		(1.1)
Cash flows used in financing activities:
Dividends paid to Parent		(14.1)		(3.4)
Dividends paid on preferred shares of a subsidiary company		(1.8)		(2.2)
Repurchase of preferred shares of a subsidiary company		(7.7)		(4.0)
Repayment of corporate and project-level debt		(15.8)		(32.4)
Cash flows used in financing activities		(39.4)		(42.0)
Net increase in cash and cash equivalents		3.2		14.3
Cash, cash equivalents and restricted cash at beginning of period		24.5		35.2
Cash, cash equivalents and restricted cash at end of period	$	27.7	$	49.5
Supplemental cash flow information
Interest paid	$	5.6	$	7.7
Taxes paid	$	0.8	$	1.0
Accruals for construction	$	—	$	1.2