Octopus Energy Development Partnership first investment is 24% stake in solar, battery developer Exagen

EBITDA rose to €23m in the first half of 2022 with a fleet in ‘high demand’ and capacity fully booked until 2026

The company says increase driven by an uplift in the short to medium term power forecasts

Run-rate annual revenues have grown to approximately €30m with 168MW of operating solar parks

Increase driven by services work and high utilisation of heavy vessels in wind and O&G

The turbine manufacturer recorded an EBITDA loss of €173.3m, compared to EBITDA of €68.4m in H1 2021