Brief: Photon Energy Breaks Ground On Construction Of Sixth Romanian PV Power Plant

Photon Energy NV

16/08/2022 06:46

Aug 16 (Reuters) - Photon Energy NV  PENP.WA :
    * BREAKS GROUND ON CONSTRUCTION OF ITS SIXTH ROMANIAN PV
POWER
PLANT, WHICH WILL HAVE  GENERATION CAPACITY OF 4.8 MWP
    * NEW POWER PLANT IS SCHEDULED TO COMMENCE OPERATIONS IN Q4
2022
    * COMPANY JUST RECENTLY RAISED FIN. GUIDANCE FOR
CONSOLIDATED
REVENUES IN 2022 TO INCREASE TO EUR 85.0 MILLION FROM EUR 36.4
MILLION IN 2021, REPRESENTING 133.8% INCREASE YOY
    * UNDER FIN. GUIDANCE RAISE SEES INCREASE OF EBITDA TO EUR
24.0
MILLION FROM EUR 9.6 MILLION IN 2021 (+150.4% YOY)

Source text for Eikon:  ID:nEM9tZSPGa 
Further company coverage:  PENP.WA 

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