Highlights of the first half of 2026
- High power prices secured material increase in power revenue and adj. EBITDA
- Solid pipeline of power stations under construction and planning
- Refinanced Green Bond 2 in bank market at attractive terms
Increased system prices
The average monthly Euronext system prices increased from 36.2 EUR/ MWh in 1H 2025 to 79.3 EUR/ MWh in 1H 2026.
Continued modernization of plants for improved environmental performance
No material Health, Safety
and Environmental (HSE) incidents were experienced during period.
Strong operating cash flow and liquidity positionEUR 46 million in cash deposits plus time deposit of EUR 1 million, and an undrawn EUR 20 million revolving credit facility at period-end.
Added capacity, expanded powerplant pipeline
Ongoing construction program secured additional 246 GWh over the next two years.