Brief: Photon Energy Sees Modest Revenues Impact Amid Recent Regulatory Changes Across Markets

Photon Energy NV

13/12/2022 06:19

Dec 13 (Reuters) - Photon Energy NV  PENP.WA :
    * PROVIDES OVERVIEW OF REGULATORY SITUATION AND EXPECTED
IMPACT OF
PRICE CAPS AND WINDFALL TAXATION ON COMPANY'S OPERATING (AND
FUTURE) SOLAR PV GENERATION ASSETS IN CZECH REPUBLIC, SLOVAKIA,
HUNGARY, ROMANIA, AND POLAND IN 2023
    * COMPANY EXPECTS MODEST NEGATIVE IMPACT IN CZECH REPUBLIC
AND
HUNGARY AND NO NEGATIVE IMPACT IN SLOVAKIA AND ROMANIA, WITH A
POTENTIAL SLOWDOWN IN ROLL-OUT PLANS IN POLAND
    * NEW CAPACITY ADDITIONS IN ROMANIA AND HUNGARY IN 2023 ARE
EXPECTED TO DRIVE MATERIAL REVENUE AND EBITDA GROWTH IN 2023 AND
BEYOND
    * COMPANY PLANS TO BRING PROJECTS WITH AN INSTALLED CAPACITY
OF
ABOUT 30 MWP TO READY-TO-BUILD STAGE IN 2023 IN POLAND

Source text for Eikon:  ID:nEM4wT4jja 
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