Finance
2.9GW project now 50% owned by Apollo
Increase driven by additional installed capacity and stronger renewable resources
Drop in Q2 2022 driven by ‘increased business development costs’
In the past 12 months the Spanish firm has installed 3400MW of capacity
Company no longer expects a step-up in profit in the segment in H2 due to ‘ additional US onshore demand pressure’
S&P recognises company as a ‘key player’ supporting the systematic decarbonisation of the energy system
Net asset value also increased 154% to £370m in the year ending 31 March 2022
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