Neoen is dedicated to ensuring that the benefits of the energy transition are shared with local communities. Global markets live: Adecco, Bayer, Chevron, Target, Tesla https://www.neoen.com/en/financial-information#publications-en, Downer Group - Dual-Use Solar Creates Joint Success. The Group will also present its full year 2022 results which will be published in a separate press release simultaneously. At constant exchange rates, revenue was 10% higher. Risk Management . In particular, Neoen operates France's most powerful solar farm (300 MWp) in Cestas, and the world's largest lithium-ion power reserve (150 MW/193.5 MWh storage capacity) in Hornsdale, Australia. Neoen is a specialist, independent power producer with a long-term vision that translates into a strategy to produce renewable, competitively-priced energy, sustainably and on a large scale. Set by the GDPR Cookie Consent plugin, this cookie is used to store the user consent for cookies in the category "Performance". Xavier Barbaro, Neoens Chairman and Chief Executive Officer, commented: Our first-half results showed a strong increase compared to the same period last year. This website uses cookies to improve your experience while you navigate through the website. Energy storage is the answer to the volatile nature of renewable energy sources and a key part of our activities. Set by the GDPR Cookie Consent plugin, this cookie is used to store the user consent for cookies in the category "Necessary". Neoen SA published this content on 23 September 2020 and is solely responsible for the information contained therein. Net income Group share reached 22 million, up 32%. We use cookies on our website to provide you with the most relevant experience by remembering your preferences and repeat visits. Records the default button state of the corresponding category & the status of CCPA. Identifying risks has led to strict mitigation, control and reporting processes. Neoens CSR policy has been recognized by numerous independent rating agencies. Our project sites are where we work hand-in-hand with consultants, contractors and subcontractors to develop, build, own and operate our renewable energy power plants. It works only in coordination with the primary cookie. We have delivered balanced growth across our technologies, geographies and customer segments. View All Reports. As we promised ahead of our IPO, we plan to propose payment of a dividend for the first time, reflecting our confidence in Neoens growth model. Thanks to this solid trajectory, Neoen is reiterating the target presented in March 2021 of reaching at least 10 GW of assets in operation or under construction by year-end 2025 (compared to 4.1 GW at year-end 2020 and 6.6 GW at year-end 2022). Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. 2022 Preliminary Results. Orsted, a Danish integrated energy company, had total assets of around 47.1 billion U.S. dollars in the fiscal year of 2022, up by 16 percent from the previous . Particularly competitive in many countries, solar power was Neoens first sector and remains our main business line. You also have the option to opt-out of these cookies. You also have the option to opt-out of these cookies. PDF. Neoen's revenue grew 12%, and its capacity in operation or under construction stood at over 5.4 GW(1) at year-end 2021. As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 2021 revenue(2) totaled 333.6 million, up 12% compared to 2020, with a 22% increase in the fourth quarter ; Neoen commissioned 898 MW in new capacity and launched the construction of 1,416 MW in 2021 Neoen confirms its 2025 targets and plans to reach 20 GW of assets in operation or under construction by 2030 Neoen (ISIN: FR0011675362, Ticker: NEOEN), one of the world's leading independent producers of exclusively renewable energy, is today holding a mid-term update of its 2021-25 strategic roadmap. It will continue to optimize each projects funding structure, based on its specific features, combining equity with project debt arranged via special-purpose companies to provide senior non-recourse debt. Vestas Wind Systems A/S Hedeager 42 8200 Aarhus N, Denmark +45 97 30 00 00 In addition, we have secured new wind, solar and storage plants in France, Australia and Finland during the period. 4. With over a decade-long trajectory of sustainable growth, Sonnedix develops, builds, and operates renewable energy projects for the long-term, with a focus on providing green, affordable electricity to our customers, and acting as a true social . The ERG Group is a leading independent operator of clean energy from renewable sources, operating in nine countries at European level. The FSP continues to examine other investment opportunities in French companies. Financial Outlook. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Scatec ASA - Annual Report 2020 5 Revenue A 0 1,000 2000 3,000 4,000 5,000 6,000 7,000 20 20 2020 Market capitalisation at year-end NOK BILLION 0 0 20 0 0 0 0 20 20 2020 Key facts Employees at year-end 435 In operation at year-end 1.6 FY 2020 power production Project pipeline & backlog 1) 10.5 GW Proportionate financials NOK million FY 2020 FY . Our projects occupy significant footprints of land in regional areas and as long-term owner operators we are privileged to become long-term neighbours to the communities surrounding our sites. The Financial information section provides all information made available to the financial community. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. We also use third-party cookies that help us analyze and understand how you use this website. PDF. These cookies ensure basic functionalities and security features of the website, anonymously. As well as generating clean electrons, our projects are the crucible for a range of different and emerging sustainable initiatives and outcomes. The sharp increase in the size of the portfolio of future projects, combined with Neoens track record in successfully converting this pipeline into secured projects (more than 1.3 GW in 2022), underpins the Groups ambition to win at least 2 GW of new projects per year from 2025. Capital increase . The financial statements were approved by the Board of Directors on March 14, 2022 (4). At the time, it had 2.6GW of photovoltaic solar generation installed worldwide across the group, with 1.1GW of this in Europe. Annual report 2020 (pdf) Annual report summary (pdf) Annual report 2020 in XHTML format submitted Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. It works only in coordination with the primary cookie. It seeks to combine top-down with, bottom-up approaches to encourage good ideas and innovation to bubble up across our various projects and. As at 31 December 2021, the company's total capacity was 5.4 GW, made up of 50% solar, 38% wind and 12% battery storage. For each of these pillars, Neoen has set out a proactive roadmap and achieved tangible results: a Corporate pillar, incorporating ethics, diversity and carbon footprint reductions. We are committed to using sustainable and environmentally responsible methods in all of our developments. Onshore wind farms are a mature source of renewable energy at competitive rates. 1 ATTESTATION BY THE PERSON RESPONSIBLE FOR THE HALF-YEARLY FINANCIAL REPORT . The changes that were introduced in 2018 consolidated the fast progress made in the last years and laid the foundations for our association to pursue its growth. Paris, September 23th, 2020 Publication of the half-year 2020 financial report Neoen (ISIN Code: FR0011675362, Ticker: NEOEN), one of the world's leading and fastest-growing independent producers of exclusively renewable energy, is announcing that its half-year financial report for the six-month period ended June 30, 2020 has been filed with the Autorit des Marchs Financiers and is now . Our group has also demonstrated its ability to renew a pipeline of projects that can increase the portfolio over different time horizons. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Performance cookies are used to understand and analyze key website performance metrics, which helps provide a better user experience for visitors. Thanks to the know-how and work of its teams, 5.4 GW of new projects were added to its advanced pipeline in 2022. Set by the GDPR Cookie Consent plugin, this cookie is used to store the user consent for cookies in the category "Necessary". This includes the 600 million previously anticipated in 2021 for the second part of the initial investment plan and the additional 150 million to invest in longer duration batteries, being specified that batteries are mainly financed through equity. YoY EBITDA Growth explanation, calculation, historical data and more Neoen reports a strong increase in its first-half 2020 results. This will contribute to maintain the average total cost of debt at a competitive level. However, you can visit "Cookie Settings" to provide controlled consent. Leading the energy transition to create superior value. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Trading update. "NORDEN delivered an outstanding performance in challenging and volatile markets, achieving an Adjusted Result of USD 106 million in 2020 - the best group result in 10 years. Impala, a group held and managed by Jacques Veyrat and his family, supports high growth projects, essentially in five activities: Energy (with investments in Neoen, Albioma and Castleton Commodities International), Industry (with investments in Technoplus Industries, Electropoli, and Arjo Solutions), Cosmetic (with investments in P&B Group and Augustinus Bader), Brands (with investments in Pullin and Maison Lejaby), Alternative investment funds and asset management (with investments in Eiffel Investment Group, in high growth projects in China, in the development of real estate projects in Paris suburbs and a Hotel Group in Portugal). As a company entirely dedicated to renewable energy, we have sustainability hardwired into our DNA. Voltalia SA: Total number of shares and voting rights in the share capital as of January 31, 2023 . First-half 2020 revenue totalled 157.2 million, up 33% compared to the first six months of 2019, EBITDA(1) came to 148.2 million, up 58%, with an EBITDA margin2 of 94%, Net income Group share reached 22 million, up 32%, Neoen has a robust cash position, with 590 million in cash at June 30, 2020 and an undrawn 200 million syndicated loan, Assets in operation or under construction stood at 3.6 GW at end-June 2020, compared to 3.0 GW at end-December 2019, The Group is narrowing its 2020 EBITDA guidance range to between 270 million and 285 million3 at constant exchange rates4, with an EBITDA margin of over 85%, Neoen is reiterating its targets for 2022. 2021 revenue(2) totaled 333.6 million, up 12% compared to 2020, with a 22% increase in the fourth quarter, Neoen commissioned 898 MW in new capacity and launched the construction of 1,416 MW in 2021, Assets in operation or under construction totaled 5.4 GW at December 31, 2021, compared to the target of more than 5 GW set at the IPO in 2018, The Group also won close to 900 MW in new projects during the year, including almost 600 MW in the fourth quarter alone, Neoen is confirming its 2021 EBITDA(3) target of between 295 million and 310 million, with an EBITDA margin now expected to be around 90%, given the recognition of the net capital gains from the farm-down transactions in other current operating income, Lastly, the Group is reiterating its EBITDA growth targets out to 2025 and its target of having over 10 GW in capacity in operation or under construction by year-end 2025. View our latest annual report here. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Audio webcast. But opting out of some of these cookies may affect your browsing experience. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Reports required by Article L. 225-37 of the French Commercial Code (corporate governance, internal control and risk management procedures) Press releases detailing conditions of availability of information prepared in connection with the annual shareholders meeting. Set by the GDPR Cookie Consent plugin, this cookie is used to store the user consent for cookies in the category "Performance". Neoen : launches construction of Storen Power Reserve (40 MW / 40 MWh), its first battery .. NHOA, Elecnor Win Contract For Blyth Battery Storage Project In South Australia, Neoen : launches construction of 200 MW / 400 MWh Blyth Battery in South Australia, Neoen Reaches Financial Close For First 209 MW of Australian Wind Farm. 2020 and is solely responsible for the HALF-YEARLY financial REPORT '' to provide controlled consent are with... Our projects are the crucible for a range of different and emerging sustainable initiatives and outcomes third-party cookies help! Improve your experience while you navigate through the website, calculation, historical data and neoen. Erg Group is a leading independent operator of clean energy from renewable sources, operating in nine at... Website, anonymously Board of Directors on March 14, 2022 ( 4 ) sources operating! New projects were added to its advanced pipeline in 2022 of projects that can increase the portfolio different. 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