Grenergy renovables : New target of 5 GW in solar and wind energy and 1 GWh of storage out to 2025
>Q3 results marked by the absence of project sales - Grenergy published yesterday morning its Q3 results that were below our estimates. EBITDA was € 7.1m, up 45% y-o-y but below our forecast of € 11m. Net profit stood at € 4.0m, beating our estimate of € 3.5m, thanks to the positive impact of the currency variations included in the other financial results (+€ 10.6m in Q3). By division, the D&C activity posted EBITDA of -€ 1.4m vs € 2.4m in Q3 2021 and € 0m on our e...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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