Browsing: Finance

Installation contractor’s chief executive hails ‘major achievement’ in midst of pandemic

Offshore wind contractor reports earnings up €21m for first six months of the year

Finance will initially fund wind farms in Lithuania but may be applied to other markets in the future

Turbine maker reported sales up 32% to €2.7bn in the first half of the year while installations rose 44% to 3GW

‘Much lower’ volumes in central and Northern Europe contribute to €1.2bn in adjusted EBITDA for core business

Developer reported EBITDA increase of Dkr3.3bn despite lower wind speeds across portfolio

Increase due to the expansion of the company’s internally operated portfolio

Change due to supply chain constraints, cost inflation, and restrictions in key markets

Investor’s installed capacity stands at 893MW across 99 operating solar assets

Investments will focus on the EU-27 and EFTA member states and aims to achieve a return of 7-9% over 10 years