Grenergy renovables : New target of 3.5 GW in 2024 and pipeline of 1 GW in storage announced
>Q3/9M 2021 results in line with our estimates - Grenergy published yesterday morning its 3M/9M results that were in line with our estimates. For Q3, EBITDA came to € 4.9m, down 42%, vs our estimate of € 5.0m. Net profit clocked in at € 0.05m vs € 4.4m in Q3 2020 but in line with our estimate of € 0.1m. As expected, the D&C (build to sell) business posted a weak contribution to EBITDA of just € 2.5m in Q3 vs € 9.4m in Q3 2020 and € 9.9m in Q2 2021 due to the anticipat...Grenergy Renovables Sl. Grenergy Renovables SL is a Spain-based company engaged in the marketing of energy recovery facilities. The Company develops projects and an Independent Power Producer (IPP) that generates renewable energy mainly through solar photovoltaic plants.
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