Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

NEOEN : Third asset rotation deal

>Outperform recommendation and € 41.5 target price maintained - After the announcements on 23 September and 1 December, the group announced its third farmdown, which concerns two small wind farms in France with combined installed capacity of 46.8 MWc, in line with its strategic guidance. This new divestment does not change our Outperform recommendation, which is still underpinned by our vision of a return to a “flight to quality” in a renewables segment that offers va...
Underlying
Neoen S.A.

Neoen SA Formerly known as Neoen Sas. Neoen SAS is a France-based company specialized in the renewable energy sector. The Company operates, finances and develops a number of power plants from a variety of energy sources, including Solar, wind and Biomass. Its portfolio of power plants includes providencia, ombrineo, degrussa, cestas, ygos, luxey, geloux, seixal, cabrela, coruche, hornsdale I, bussy-lettree, raucourt II, villacerf, bais et trans, reclainville, chapelle vallon and la montagne. Apart from France, the Company is present in many other countries such as Portugal, Australia, Australia, Jordan, Zambia, Mozambique, Argentina, Jamaica, Mexico, Egypt and El Salvador, among others.

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
Louis Boujard, CFA

Philippe Ourpatian

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