Report
Anis Zgaya ...
  • Philippe Ourpatian

Grenergy renovables : Very little exposure to lower market prices in Spain

>Broadly unsurprising Q1 figures - Q1 was broadly as expected, with EBITDA of € 23m vs € 22m forecast, underpinned by disposal gains of € 20m from the Peruvian projects (97MW solar and 77MW wind) in the D&C business while the Energy business booked EBITDA of € 7.4m vs €8.5m in Q1 2023 impacted by the deconsolidation of these projects. Growth plan on schedule - The group indicated that its major Solar + Storage project in Chile (1GW solar and 4.1GWh ...
Underlying
Grenergy Renovables

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anis Zgaya

Philippe Ourpatian

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