L R AS Published on Monday 9 May 2022 - n° 403 - Categories:French companies

Neoen 1st quarter: no comparison

Neoen posted sales of €109m in thefirst quarter, almost half of which (€50m) came from the solar division. Lack of sunshine in Australia

was offset by the commissioning of various assets in Argentina and France.

Neoen's current portfolio of solar photovoltaic, wind and energy storage assets amounts to 16.3 GW, up 2.4 GW compared to the end of December 2021, with 6.1 GW of projects in operation, under construction or awarded at 31 March 2022.

The company confirms all its targets for 2022 and up to 2025: Neoen's forecasts for the year are unchanged. The EBITDA target for 2022 is maintained at between €360 million and €375 million, with an EBITDA margin of between 85% and 90%. Neoen will have a portfolio of 10 GW of renewable projects in operation or under construction by 2025.


PV Tech of 6 May 2022

Editor's note The absence of a comparison probably indicates that the 2022 figures are little different from those for the1st quarter of 2021.

Subscribe to the newsletter "Le Fil de l'Actu"...