Company chairman hails Spanish player’s record year

Revenue for the business in the first quarter of 2023 was $160m compared with $266m in the same quarter in 2022

51% decrease to Skr2.3bn (€210m) due to lower electricity prices in all regions

Kaskasi commissioning helps segment achieve €473m in adjusted EBITDA in preliminary results for first quarter

Spanish investor increased capacity largely down to new solar and onshore wind projects

IPP benefited from the hike in energy rates across Europe during last year and has grown pipeline to 2GW