ALTERNUS ENERGY đđ GĂ R PĂ EURONEXT GROWTH - EN SOLEKLAR VINNER
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25.04.2023 kl 22:29
Automatisk lukket grunnet trÄdens stÞrrelse. (Beklager.)
Alternus Energy gÄr fra NOTC til EuroNext Growth neste uke, tipper 23/24 Juni 2021.
Alternus er en av de raskest voksende solpark selskaper i Europa med fokus pÄ mellomstore solparker og de har sÄ langt 34 parker og 150MW i Tyskland, Italia, Nederland, Romania, Polen og Irland. Parkene produserer 150MW som gir en inntekt pÄ over NOK 220 Mill og svimlende 80% EBITDA (NOK 176 Mill) for 2021.
Videre sÄ har de sikret ytterligere 1,4GW som de skal ha pÄ plass i lÞpet av 2023 som vil gi en ARR pÄ NOK 1Mrd og 80% EBITDA og sÄ skal de Þke til 3,5GW innen 2025. Blir ikke overrasket om dette skjer raskere og blir nÊrmere 5-6 GW. Dette sier jeg fordi ledelsen her er super dyktige og sultne pÄ suksess.
Den 3. juni sÄ meldte Alternus at de kjÞpte 60% av det Nederlandske selskapet Unisun Energy Holding B.V og blir et vertikalt integrert solpark selskap gjennom hele verdikjeden fra prosjekt utvikling til konstruksjon til operasjon/drift og vedlikehold. Dette gjÞr at Altnerus nÄ kan utvikle og bygge egne solparker, som igjen vil redusere bygge kostnadene, tid og generere langsiktig ARR.
I dag sÄ prises selskapet tll NOK 700mill (NOK 30,00k)
KursmÄl NOK 65,- satt av Artic Securities for en stund tilbake og mye har endret seg siden det ble satt.
Personlig sĂ„ tror jeg dette selskapet kommer til Ă„ bli en mega vinner pĂ„ bĂžrsen de neste 1-3 Ă„rene og gĂ„ 10 gangerân fra dagens nivĂ„
https://www.notc.no
https://alternusenergy.com
Alternus er en av de raskest voksende solpark selskaper i Europa med fokus pÄ mellomstore solparker og de har sÄ langt 34 parker og 150MW i Tyskland, Italia, Nederland, Romania, Polen og Irland. Parkene produserer 150MW som gir en inntekt pÄ over NOK 220 Mill og svimlende 80% EBITDA (NOK 176 Mill) for 2021.
Videre sÄ har de sikret ytterligere 1,4GW som de skal ha pÄ plass i lÞpet av 2023 som vil gi en ARR pÄ NOK 1Mrd og 80% EBITDA og sÄ skal de Þke til 3,5GW innen 2025. Blir ikke overrasket om dette skjer raskere og blir nÊrmere 5-6 GW. Dette sier jeg fordi ledelsen her er super dyktige og sultne pÄ suksess.
Den 3. juni sÄ meldte Alternus at de kjÞpte 60% av det Nederlandske selskapet Unisun Energy Holding B.V og blir et vertikalt integrert solpark selskap gjennom hele verdikjeden fra prosjekt utvikling til konstruksjon til operasjon/drift og vedlikehold. Dette gjÞr at Altnerus nÄ kan utvikle og bygge egne solparker, som igjen vil redusere bygge kostnadene, tid og generere langsiktig ARR.
I dag sÄ prises selskapet tll NOK 700mill (NOK 30,00k)
KursmÄl NOK 65,- satt av Artic Securities for en stund tilbake og mye har endret seg siden det ble satt.
Personlig sĂ„ tror jeg dette selskapet kommer til Ă„ bli en mega vinner pĂ„ bĂžrsen de neste 1-3 Ă„rene og gĂ„ 10 gangerân fra dagens nivĂ„
https://www.notc.no
https://alternusenergy.com
Redigert 17.06.2021 kl 17:14
Du mÄ logge inn for Ä svare
Selskapet gjĂžr det bra og beveger seg i riktig retning .
Ref https://finansavisen.no/nyheter/energi/2022/02/15/7818941/snudde-til-millionoverskudd
Tviler pÄ om det blir rush etter disse aksjene med det fÞrste ...
De er priset omtrent som MPC og der fikk jeg ett saftig utbytte.
Alternus aksjene ligger i skuffen for "langtidslagring".
Ref https://finansavisen.no/nyheter/energi/2022/02/15/7818941/snudde-til-millionoverskudd
Tviler pÄ om det blir rush etter disse aksjene med det fÞrste ...
De er priset omtrent som MPC og der fikk jeg ett saftig utbytte.
Alternus aksjene ligger i skuffen for "langtidslagring".
Sofus
15.02.2022 kl 09:08
2638
Joda, selskapet utvikler seg i riktig retning, det er godt Ä se:) God ledelse! Fremdeles blir nok dette en "Þrkenvandring" enn sÄ lenge. For min del blir disse puttet i skuffen og tatt frem om noen Är.
Single Malt
15.02.2022 kl 08:58
2650
ALTERNUS: BEAT!
Blowout revenue in Q4 (EUR 7.5m vs. ARCe 4.9m) due to higher realized prices
Higher revenue more than offsets the impact of higher opex and SG&A in Q4, leading to a EBITDA beat (EUR 3.5m vs. ARCe EUR 1.8m)
Net debt marginally higher (EUR 133.3m vs. ARCe 129m), driven by phasing of investments
Entered the Spanish market with first 35MW park owned and in development
Key catalysts going forward: i) 14 MW Rotterdam airport project reaching CoD (Q1/22), ii) 120 MW of RtB assets set to reach construction start in Q1/22, iii) 200 MW of RtB assets set to reach construction start in Q2/22
Blowout revenue in Q4 (EUR 7.5m vs. ARCe 4.9m) due to higher realized prices
Higher revenue more than offsets the impact of higher opex and SG&A in Q4, leading to a EBITDA beat (EUR 3.5m vs. ARCe EUR 1.8m)
Net debt marginally higher (EUR 133.3m vs. ARCe 129m), driven by phasing of investments
Entered the Spanish market with first 35MW park owned and in development
Key catalysts going forward: i) 14 MW Rotterdam airport project reaching CoD (Q1/22), ii) 120 MW of RtB assets set to reach construction start in Q1/22, iii) 200 MW of RtB assets set to reach construction start in Q2/22
Redigert 15.02.2022 kl 09:13
Du mÄ logge inn for Ä svare
urix
15.02.2022 kl 08:32
2662
Fantastisk utvikling i selskapet, her er kun en ting som gjelder, hold pÄ aksjene og akkumuler! PÄ norsk: LÞp og kjÞp!!
Vikusen
15.02.2022 kl 08:09
2686
Knall sterkt kvartal!!!
Alternus Energy Fourth Quarter 2021â highest growth on record for both quarter and full year
Full Year Revenues Booked at EUR 20.6 million â 540% increase YoY
Dublin, 15 February 2022 International Renewable Independent Power Producer (IPP) Alternus Energy Group Plc (OSE: ALT) (the âCompanyâ or âAlternusâ) today announces its unaudited financial results for Q4 2021 and the 2021 fiscal year.
Compared against the previous year, Alternus is now over five times larger in recurring long-term revenues and gross margins, and just under four times larger in operating assets in just one year, with a backlog of contracted and pipeline projects.
Commenting on the quarter and annual financial results, Vincent Browne, Chairman and CEO, said:
âThese results reaffirm Alternus Energyâs ability to execute and deliver on our ambitious growth targets. We have met and exceeded every target we set for ourselves at the beginning of the 2021 fiscal year. Having integrated the Unisun team and by adding key resources across the whole organisation, I believe we are now well positioned to continue our growth and take full advantage of the large and growing market for solar and renewable energy over the next few years.â
Key highlights for Q4 2021 are:
âą Power production increased to 16.4 GWh from 2.9 GWh
âą Booked revenues increased to EUR 7.5 million from 0.3 million
âą EBITDA increased to EUR 3.5 million from 0.1 million
âą Gross margins for the period where 73% of booked revenues
âą Net loss reduced to EUR 0.9 million from a loss of EUR 1.5 million in Q4 2020
âą Operating assets increased to 143MWp with acquisition of 13MWp operating parks in Poland.
âą Total owned assets increased by 100MWp to a total of 573MWp
âą Successfully completed âŹ20 million bond tap issuance
âą Entered the Spanish market with first 35MWp park owned and in development
Key highlights for Full Year 2021 are:
âą Power production increased to 70.1 GWh from 27.9 GWh
âą Booked revenues increased to EUR 20.6 million from 3.8 million
âą EBITDA increased to EUR 10.6 million from 0.3 million
âą Net income grew to EUR 9.5 million from loss of EUR 4.8 million for FY 2020
âą Operating assets increased to 143MWp from 30MWp
âą Annual Recurrent Revenues increased to EUR 24.1 million from 4.0 million
âą Total owned assets increased to 573MWp from 44MWp
Joseph Duey, our CFO, comments, âThe results for the quarter in particular, are demonstrative of the underlying financial performance generated from the growth in operating assets over the past year. The larger contracted backlog is testament to our flexible go to market strategy, differentiated business model and execution reputation with current and new industry partners.â
The full Q4 2021 financial report is attached to the OSE filing and is available on the Alternus Energy website at the following link https://alternusenergy.com/reports-presentations/
About Alternus Energy
Established in 2016, Alternus Energy Group Plc is an international vertically integrated independent power producer (IPP). Headquartered in Ireland and listed on the Euronext Growth Market â Oslo, the Company develops, constructs, owns, and operates utility scale solar PV projects in multiple countries. The Company also has offices in Rotterdam and America.
Forward Looking Statements: Certain information contained in this letter, including any information on the Companyâs plans or future financial or operating performance and other statements that express the Companyâs managementâs expectations or estimates of future performance, constitute forward-looking statements. When used in this press release, words such as âanticipate,â âbelieve,â âcontinue,â âcould,â âestimate,â âexpect,â âintend,â âmay,â âmight,â âplan,â âpossible,â âpotential,â âpredict,â âproject,â âshould,â âwouldâ and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Companyâs management. Such statements are based on a number of estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond the control of the Company. The Company cautions that such forward-looking statements involve known and unknown risks and other factors that may cause the actual financial results, performance or achievements of the Company could differ materially from the Companyâs estimated future results, performance or achievements expressed or implied by the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this
Alternus Energy Fourth Quarter 2021â highest growth on record for both quarter and full year
Full Year Revenues Booked at EUR 20.6 million â 540% increase YoY
Dublin, 15 February 2022 International Renewable Independent Power Producer (IPP) Alternus Energy Group Plc (OSE: ALT) (the âCompanyâ or âAlternusâ) today announces its unaudited financial results for Q4 2021 and the 2021 fiscal year.
Compared against the previous year, Alternus is now over five times larger in recurring long-term revenues and gross margins, and just under four times larger in operating assets in just one year, with a backlog of contracted and pipeline projects.
Commenting on the quarter and annual financial results, Vincent Browne, Chairman and CEO, said:
âThese results reaffirm Alternus Energyâs ability to execute and deliver on our ambitious growth targets. We have met and exceeded every target we set for ourselves at the beginning of the 2021 fiscal year. Having integrated the Unisun team and by adding key resources across the whole organisation, I believe we are now well positioned to continue our growth and take full advantage of the large and growing market for solar and renewable energy over the next few years.â
Key highlights for Q4 2021 are:
âą Power production increased to 16.4 GWh from 2.9 GWh
âą Booked revenues increased to EUR 7.5 million from 0.3 million
âą EBITDA increased to EUR 3.5 million from 0.1 million
âą Gross margins for the period where 73% of booked revenues
âą Net loss reduced to EUR 0.9 million from a loss of EUR 1.5 million in Q4 2020
âą Operating assets increased to 143MWp with acquisition of 13MWp operating parks in Poland.
âą Total owned assets increased by 100MWp to a total of 573MWp
âą Successfully completed âŹ20 million bond tap issuance
âą Entered the Spanish market with first 35MWp park owned and in development
Key highlights for Full Year 2021 are:
âą Power production increased to 70.1 GWh from 27.9 GWh
âą Booked revenues increased to EUR 20.6 million from 3.8 million
âą EBITDA increased to EUR 10.6 million from 0.3 million
âą Net income grew to EUR 9.5 million from loss of EUR 4.8 million for FY 2020
âą Operating assets increased to 143MWp from 30MWp
âą Annual Recurrent Revenues increased to EUR 24.1 million from 4.0 million
âą Total owned assets increased to 573MWp from 44MWp
Joseph Duey, our CFO, comments, âThe results for the quarter in particular, are demonstrative of the underlying financial performance generated from the growth in operating assets over the past year. The larger contracted backlog is testament to our flexible go to market strategy, differentiated business model and execution reputation with current and new industry partners.â
The full Q4 2021 financial report is attached to the OSE filing and is available on the Alternus Energy website at the following link https://alternusenergy.com/reports-presentations/
About Alternus Energy
Established in 2016, Alternus Energy Group Plc is an international vertically integrated independent power producer (IPP). Headquartered in Ireland and listed on the Euronext Growth Market â Oslo, the Company develops, constructs, owns, and operates utility scale solar PV projects in multiple countries. The Company also has offices in Rotterdam and America.
Forward Looking Statements: Certain information contained in this letter, including any information on the Companyâs plans or future financial or operating performance and other statements that express the Companyâs managementâs expectations or estimates of future performance, constitute forward-looking statements. When used in this press release, words such as âanticipate,â âbelieve,â âcontinue,â âcould,â âestimate,â âexpect,â âintend,â âmay,â âmight,â âplan,â âpossible,â âpotential,â âpredict,â âproject,â âshould,â âwouldâ and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Companyâs management. Such statements are based on a number of estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond the control of the Company. The Company cautions that such forward-looking statements involve known and unknown risks and other factors that may cause the actual financial results, performance or achievements of the Company could differ materially from the Companyâs estimated future results, performance or achievements expressed or implied by the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this
De stĂžrste eierene i Alternus finner du her
Ref https://alternusenergy.com/the-share
Tyskland skru av sin kjernekraft .....
Franske atomkraftverk trenger vedlikehold ....
Norge eksporterer maksimalt med gass ....
En gretten bamse i Ăžst holder igjen gass eksport ....
Alt skal elektrifiseres ....
Det blir elleville strĂžm priser av dette ....
Alternus og tilsvarende virksomheter har bokstavlig
talt en plass i solen og en strÄlende fremtid .....
Aksjene jeg har i Alternus er ikke til salgs fordi dette kan bli stort .....
Ref https://alternusenergy.com/the-share
Tyskland skru av sin kjernekraft .....
Franske atomkraftverk trenger vedlikehold ....
Norge eksporterer maksimalt med gass ....
En gretten bamse i Ăžst holder igjen gass eksport ....
Alt skal elektrifiseres ....
Det blir elleville strĂžm priser av dette ....
Alternus og tilsvarende virksomheter har bokstavlig
talt en plass i solen og en strÄlende fremtid .....
Aksjene jeg har i Alternus er ikke til salgs fordi dette kan bli stort .....
Redigert 14.02.2022 kl 22:56
Du mÄ logge inn for Ä svare
Single Malt
14.02.2022 kl 21:32
2737
Vikusen skrev Men ingen har noen som helst tanker om morgen dagen?
Man ser jo i morgen, er jo egentlig ikke vits med spekulasjoner. Lite interesse rundt selskapet sÄ noe mÄ synliggjÞre det, ikke sÄ mange nye som tjener penger, men selskapet gjÞr vel det, sÄ litt pussig. MÄ jo vÊre solide investorer her, har ikke vert volum i det hele tatt under emisjonskursen. Arctic som riktignok var tilrettelegger har kursmÄl pÄ temmelig mange prosenter.
Vikusen
11.02.2022 kl 17:56
2896
Fleire enn meg som er spent pÄ Q4 pÄ mandag?!! HÞge strÞmpriser, Þkt portefÞlje lover jo bra. HÄpe det har vert litt sol ogsÄ. Blir ett spennende 2022. Til slutt sÄ mÄ kursen fÞlge ogsÄ.
Vikusen
18.01.2022 kl 09:23
3077
Noen som har noen tanker om Q4? HÞge strÞmpriser, flere oppkjÞp er gjort. 2022 bÞr bli bra. Er jo mer spennende Ä se maling tÞrke, men fÞler selskapet gjÞr alt rett og fortsetter dem slik sÄ vil denne lÞsne fÞr eller siden.
Single Malt
23.12.2021 kl 09:18
3275
Arctic I dag
ALT: UPSIDE!
Just out, continues their Polish expansion with closing of acquisition of 13 MW operational portfolio as part of 24 MW contract!
Power prices on the rise in the spot and forward market recent months in key regions where Alternus operate their PV solar farms
The company's business model is to take advantage of the value uplift solar assets are experiencing during project maturation with least possible risk
In 6 months, ALT should move 320 MW (23%) of its backlog into construction with little/no equity need, and generate >0.19 EUR/W in value to its equity - should serve as proof of business model/ justify higher valuation
The NAV of Alternus ex. backlog YE/21 is 29.5 NOK per shr while 66.1 NOK per shr including the backlog!
Merkelig at aksjen stÄr stille med dagens strÞmpriser, og de tjener penger.
ALT: UPSIDE!
Just out, continues their Polish expansion with closing of acquisition of 13 MW operational portfolio as part of 24 MW contract!
Power prices on the rise in the spot and forward market recent months in key regions where Alternus operate their PV solar farms
The company's business model is to take advantage of the value uplift solar assets are experiencing during project maturation with least possible risk
In 6 months, ALT should move 320 MW (23%) of its backlog into construction with little/no equity need, and generate >0.19 EUR/W in value to its equity - should serve as proof of business model/ justify higher valuation
The NAV of Alternus ex. backlog YE/21 is 29.5 NOK per shr while 66.1 NOK per shr including the backlog!
Merkelig at aksjen stÄr stille med dagens strÞmpriser, og de tjener penger.
Vikusen
23.12.2021 kl 08:58
3285
Alternus Energy continues Polish expansion with closing of acquisition of 13 MW operational portfolio as part of 24 MW contract
Dublin, 23 December 2021 International Independent Power Producer (IPP) Alternus Energy Group Plc (OSE: ALT) (the âCompanyâ or âAlternusâ) has acquired 12.9 megawatts (MW) of operational Polish projects. The projects, each 1 MW in size, are located across the country.
Alternus partnered with an experienced local developer for the development and construction of the projects. The commercial operation date (COD) for the acquired portfolio was reached during December. This forms part of the agreement between Alternus and the developer for a total contracted pipeline of 24 megawatt peak (MWp). The additional 11 MWp is currently expected to reach COD in Q1 2022.
The projects have Government-backed contracts in place as part of the policy mechanism supporting the installation of projects up to 1 MWp in size. Alternus Energyâs Polish portfolio is now diversified with both subsidised and unsubsidised projects following the acquisition of the 64.6 MWp Witnica solar park from BayWa r.e. in August. That project was Polandâs first subsidy-free utility-scale solar installation with a 10-year virtual power purchase agreement (PPA) in place with GĂłrazdze Cement S.A., the Polish subsidiary of Heidelberg Cement Group.
Speaking about the latest acquisition, Vincent Browne, Chairman and CEO, said
âThis transaction further strengthens our position in the Polish market following our market entry earlier this year. We view Poland as a key growth market thanks to the supportive policy, clean energy targets and established routes to market. We look forward to further expansion of our portfolio next year and are engaged in negotiations to support our ambitious growth plans to achieve 200 MW of operational clean power stations by YE 2022 and a 400-500 MW operational portfolio by 2025.â
The 13 MWp portfolio was acquired for circa âŹ13 million in gross proceeds, fully funded by the âŹ20 million bond issuance completed by Alternus in November.
Dublin, 23 December 2021 International Independent Power Producer (IPP) Alternus Energy Group Plc (OSE: ALT) (the âCompanyâ or âAlternusâ) has acquired 12.9 megawatts (MW) of operational Polish projects. The projects, each 1 MW in size, are located across the country.
Alternus partnered with an experienced local developer for the development and construction of the projects. The commercial operation date (COD) for the acquired portfolio was reached during December. This forms part of the agreement between Alternus and the developer for a total contracted pipeline of 24 megawatt peak (MWp). The additional 11 MWp is currently expected to reach COD in Q1 2022.
The projects have Government-backed contracts in place as part of the policy mechanism supporting the installation of projects up to 1 MWp in size. Alternus Energyâs Polish portfolio is now diversified with both subsidised and unsubsidised projects following the acquisition of the 64.6 MWp Witnica solar park from BayWa r.e. in August. That project was Polandâs first subsidy-free utility-scale solar installation with a 10-year virtual power purchase agreement (PPA) in place with GĂłrazdze Cement S.A., the Polish subsidiary of Heidelberg Cement Group.
Speaking about the latest acquisition, Vincent Browne, Chairman and CEO, said
âThis transaction further strengthens our position in the Polish market following our market entry earlier this year. We view Poland as a key growth market thanks to the supportive policy, clean energy targets and established routes to market. We look forward to further expansion of our portfolio next year and are engaged in negotiations to support our ambitious growth plans to achieve 200 MW of operational clean power stations by YE 2022 and a 400-500 MW operational portfolio by 2025.â
The 13 MWp portfolio was acquired for circa âŹ13 million in gross proceeds, fully funded by the âŹ20 million bond issuance completed by Alternus in November.
Vikusen
17.12.2021 kl 09:06
3366
ALT: DOUBLER
Power prices on the rise in the spot and fwd market recent months in key regions where Alternus operate their PV solar farms.
In 6mths, Alternus should move 320 MW (23) of its backlog into construction with little to no equity need and generate >0.19 EUR/w in value to its equity. This should serve as proof of the business model and justify a higher valuation.
The NAV of Alternus ex backlog YE 21 is 29.5 NOK/shr while 66.1 NOK/shr incl. the backlog.
Power prices on the rise in the spot and fwd market recent months in key regions where Alternus operate their PV solar farms.
In 6mths, Alternus should move 320 MW (23) of its backlog into construction with little to no equity need and generate >0.19 EUR/w in value to its equity. This should serve as proof of the business model and justify a higher valuation.
The NAV of Alternus ex backlog YE 21 is 29.5 NOK/shr while 66.1 NOK/shr incl. the backlog.
Net income 0.3 MEUR - er etter finanskost d da? Eller etter alle avskrivninger?
urix
16.11.2021 kl 02:10
3831
Dette lover bra , de neste 2 Ärene blir spennende, 2022 begynner moroa for alvor, last opp og vÊr tÄlmodig!!
For ordens skyld: Har 30000 aksjer nÄ, snitt under 28 kr.
For ordens skyld: Har 30000 aksjer nÄ, snitt under 28 kr.
Vikusen
15.11.2021 kl 07:53
3975
Alternus Energy Achieves strongest financial performance to date for Q3 2021
Revenues 3.4 times higher than last year with positive net income
Dublin, Monday 15 November 2021 Pan-European independent power producer (IPP), Alternus Energy Group Plc (OSE:ALT) (the âCompanyâ or âAlternusâ) delivers another strong quarter, with record revenues and EBITDA reported in the third quarter and for the nine months to September 2021. Alternus has now completed all 109 megawatts (MW) of targeted acquisitions for the year to date and is executing on the targets set by management.
Third quarter revenues were EUR 7.1 million with EBITDA of EUR 4.6 million and an associated EBITDA margin of 69%, all significant improvements from Q3 2020. Gross margins in the period were 79%. Power production increased by 1.7 times from the same quarter last year and totalled 26 gigawatt hours (GWh).
A summary of the key points from the financial report for Q3 2021:
âą Revenues increased to EUR 7.1 million for Q3 2021 up from EUR 2.0 million in Q3 2020
âą EBITDA increased to EUR 4.6 million for Q3 2021 up from negative EUR 0.2 million in Q3 2020
âą Net income of EUR 0.3 million for Q3 2021 up from negative âŹ2.5 million in Q3 2020
âą Annual recurring revenues (ARR) now stand at EUR 19.9 million
âą Owned Assets increased to 472 MW â the largest portfolio owned since its inception.
âą 1.37 GW of contracted assets as at 30 September 2021 with 674MW in near term pipeline.
Commenting on the successful quarter, Vincent Browne, Chairman and CEO, Alternus said
âAlternus has had its strongest financial quarter ever. This reflects successful execution of our business model and shows the significant economies of scale that are achievable as we continue to add operational capacity. Our contracted backlog and pipeline now stands at over 2GW combined. Our recent issuance of EUR 20 million in bond tap, with strong demand from investors, will allow us to add further operating assets before the end of 2021. Our construction project at Rotterdam airport is expected to be operational in Q1 2022 which will then bring ARRs to over EUR 22 million, up by 8%. It will also demonstrate our teamâs ability to bring projects from development through construction and into operation.â
Revenues for the nine months ended 30 September 2021 were EUR 13.1 million up from EUR 3.5 million in the prior year. EBITDA increased by more than 40 times to EUR 7.1 million for the same period.
The full Q3 2021 financial report is attached to the OSE filing and is available on the Alternus Energy website at the following link https://alternusenergy.com/reports-presentations/
For further information, please contact:
For analysts and investors: Joe Duey, CFO, jd@alternusenergy.com
For media: Anne Arnold, Marketing and Communications Manager, apa@alternusenergy.com
About Alternus Energy Plc
Alternus Energy Group (OSE:ALT) is a pan-European vertically integrated independent power producer (IPP), headquartered in Ireland, with a focus on the midsized utility scale solar PV market. Alternus owns and operates a diverse portfolio of utility scale solar PV parks that connect directly to national power grids on long-term government contracts (âFiTâ) and/or Power Purchase Agreements (âPPAsâ) with investment grade off-takers. Having started in 2016 with two parks and 6 MWp capacity, the current portfolio consists of 34 owned or contracted parks in Germany, Italy, Netherlands, Romania and Poland, in excess of 150 MWp capacity. Alternus works closely with both local and international specialist development partners that each provide a constant pipeline of new projects for acquisition and construction by Alternus. Alternus aims to own and operate over 3.5 GWs of solar parks by the end of 2025 and to become one of the largest pan-European IPPs by the end of the decade.
Forward Looking Statements: Certain information contained in this letter, including any information on the groupâs plans or future financial or operating performance and other statements that express the groupâs managementâs expectations or estimates of future performance, constitute forward-looking statements (when used in this document, the words âanticipateâ, âbelieveâ, âestimateâ and âexpectâ and similar expressions, as they relate to the group or its management, are intended to identify forward-looking statements). Such statements are based on a number of estimates and assumptions that, while considered reasonable by management at the time, are subject to significant business, economic and competitive uncertainties. The group cautions that such statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the group to be materially different from the groupâs estimated future results, performance or achievements expressed or implied by those forward-looking statements.
Revenues 3.4 times higher than last year with positive net income
Dublin, Monday 15 November 2021 Pan-European independent power producer (IPP), Alternus Energy Group Plc (OSE:ALT) (the âCompanyâ or âAlternusâ) delivers another strong quarter, with record revenues and EBITDA reported in the third quarter and for the nine months to September 2021. Alternus has now completed all 109 megawatts (MW) of targeted acquisitions for the year to date and is executing on the targets set by management.
Third quarter revenues were EUR 7.1 million with EBITDA of EUR 4.6 million and an associated EBITDA margin of 69%, all significant improvements from Q3 2020. Gross margins in the period were 79%. Power production increased by 1.7 times from the same quarter last year and totalled 26 gigawatt hours (GWh).
A summary of the key points from the financial report for Q3 2021:
âą Revenues increased to EUR 7.1 million for Q3 2021 up from EUR 2.0 million in Q3 2020
âą EBITDA increased to EUR 4.6 million for Q3 2021 up from negative EUR 0.2 million in Q3 2020
âą Net income of EUR 0.3 million for Q3 2021 up from negative âŹ2.5 million in Q3 2020
âą Annual recurring revenues (ARR) now stand at EUR 19.9 million
âą Owned Assets increased to 472 MW â the largest portfolio owned since its inception.
âą 1.37 GW of contracted assets as at 30 September 2021 with 674MW in near term pipeline.
Commenting on the successful quarter, Vincent Browne, Chairman and CEO, Alternus said
âAlternus has had its strongest financial quarter ever. This reflects successful execution of our business model and shows the significant economies of scale that are achievable as we continue to add operational capacity. Our contracted backlog and pipeline now stands at over 2GW combined. Our recent issuance of EUR 20 million in bond tap, with strong demand from investors, will allow us to add further operating assets before the end of 2021. Our construction project at Rotterdam airport is expected to be operational in Q1 2022 which will then bring ARRs to over EUR 22 million, up by 8%. It will also demonstrate our teamâs ability to bring projects from development through construction and into operation.â
Revenues for the nine months ended 30 September 2021 were EUR 13.1 million up from EUR 3.5 million in the prior year. EBITDA increased by more than 40 times to EUR 7.1 million for the same period.
The full Q3 2021 financial report is attached to the OSE filing and is available on the Alternus Energy website at the following link https://alternusenergy.com/reports-presentations/
For further information, please contact:
For analysts and investors: Joe Duey, CFO, jd@alternusenergy.com
For media: Anne Arnold, Marketing and Communications Manager, apa@alternusenergy.com
About Alternus Energy Plc
Alternus Energy Group (OSE:ALT) is a pan-European vertically integrated independent power producer (IPP), headquartered in Ireland, with a focus on the midsized utility scale solar PV market. Alternus owns and operates a diverse portfolio of utility scale solar PV parks that connect directly to national power grids on long-term government contracts (âFiTâ) and/or Power Purchase Agreements (âPPAsâ) with investment grade off-takers. Having started in 2016 with two parks and 6 MWp capacity, the current portfolio consists of 34 owned or contracted parks in Germany, Italy, Netherlands, Romania and Poland, in excess of 150 MWp capacity. Alternus works closely with both local and international specialist development partners that each provide a constant pipeline of new projects for acquisition and construction by Alternus. Alternus aims to own and operate over 3.5 GWs of solar parks by the end of 2025 and to become one of the largest pan-European IPPs by the end of the decade.
Forward Looking Statements: Certain information contained in this letter, including any information on the groupâs plans or future financial or operating performance and other statements that express the groupâs managementâs expectations or estimates of future performance, constitute forward-looking statements (when used in this document, the words âanticipateâ, âbelieveâ, âestimateâ and âexpectâ and similar expressions, as they relate to the group or its management, are intended to identify forward-looking statements). Such statements are based on a number of estimates and assumptions that, while considered reasonable by management at the time, are subject to significant business, economic and competitive uncertainties. The group cautions that such statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the group to be materially different from the groupâs estimated future results, performance or achievements expressed or implied by those forward-looking statements.
Vikusen
14.11.2021 kl 22:41
4033
urix skrev Q3 kommer i morgen 15. nov.
Blir spennende. Har jo vert hĂžge strĂžmpriser og det er kjĂžpt enda en park.
Vikusen
05.11.2021 kl 13:56
4319
Er jo ikke noe galt med selskapet. Interessen er bare laber. Tallene vil fÄ denne opp fÞr eller siden.
Brusselgeren
04.11.2021 kl 14:47
4385
Trist aksje, triste aksjonĂŠrer.
Glad jeg heller investerte i Otovo nÄr jeg veide opp disse.
Holder fortsatt salg anbefalingen her.
Glad jeg heller investerte i Otovo nÄr jeg veide opp disse.
Holder fortsatt salg anbefalingen her.
Vikusen
04.11.2021 kl 08:36
4455
Sitter fremdeles i bÄten. Fint om di kom seg inn pÄ oslo bÞrs med tida, pleier Ä lÞsne da.
urix
03.11.2021 kl 01:14
4536
urix skrev https://newsweb.oslobors.no/message/545692
Her pÄ forumet er det like lite engasjement som det er pÄ bÞrsen nÄr det gjelder ALT. Triste greier !!
Mange mindre selskaper holder info pÄ ett miniumsnivÄ.
Slikt gjĂžr meg skeptisk til Ă„ kjĂžpe mere.
Slikt gjĂžr meg skeptisk til Ă„ kjĂžpe mere.
Redigert 31.10.2021 kl 16:40
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urix
31.10.2021 kl 16:24
4708
Siste positive nyhet kom 31. august, det er akkurat 2 mnd siden i dag, ellers har det vĂŠrt tyst som i graven, Q3 kommer 15. november.
StrÞmmen er dyr sÄ de tjener mer penger enn tidligere, venter pÄ en oppdatering.
Er optimist, kraft fra vind og sol er billigst.
1 aksje omsatt pÄ fredag, tragisk hvor liten interesse det er.
StrÞmmen er dyr sÄ de tjener mer penger enn tidligere, venter pÄ en oppdatering.
Er optimist, kraft fra vind og sol er billigst.
1 aksje omsatt pÄ fredag, tragisk hvor liten interesse det er.
Single Malt
31.10.2021 kl 14:34
4747
https://finansavisen.no/nyheter/industri/2021/10/29/7762968/sol-og-vind-er-fortsatt-billigst
Emisjonen i ALT var bra overtegnet fÞr dem ble notert, nÄ vaker den rundt emi kurs med nada omsetning. regner med at det samme skjer her som med otovo, plutselig lÞsner den.
Emisjonen i ALT var bra overtegnet fÞr dem ble notert, nÄ vaker den rundt emi kurs med nada omsetning. regner med at det samme skjer her som med otovo, plutselig lÞsner den.
urix
15.10.2021 kl 02:47
4902
https://www.vg.no/nyheter/meninger/i/8QR5pr/verden-trenger-mer-energi
Her kommer Alternus Energy inn for fullt etterhvert, lĂžp og kjĂžp!!!
Produksjonen skal Ăžkes fra 130MW i dag til 1700Mw ila 2023, Ăžkes til mer enn 3500MW ila 2025. Dobles13 ganger ila 2023, nesten 27 ganger i 2025 forhold til i dag.
Her kommer Alternus Energy inn for fullt etterhvert, lĂžp og kjĂžp!!!
Produksjonen skal Ăžkes fra 130MW i dag til 1700Mw ila 2023, Ăžkes til mer enn 3500MW ila 2025. Dobles13 ganger ila 2023, nesten 27 ganger i 2025 forhold til i dag.
Redigert 15.10.2021 kl 03:01
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Single Malt
13.10.2021 kl 09:47
4954
Kikket litt pÄ ALT, fÞlger ikke helt med, sitter bare stille til kursmÄlene en eller annen gang nÄs i fremtiden. LÞsnet litt siste dager og ser jo ut til at de som har kjÞpt en del rundt her ikke har kjÞpt for kjappe trades, noe som og ikke vil funke med volumet for tiden sÄ kan virke som at aksjene havner pÄ langsiktige hender.
urix
12.10.2021 kl 04:32
2970
Solenergi blir mer og mer viktig mÄned for mÄned.
Ikke uten grunn at denne rike inderen satser sÄ hardt pÄ fornybar energi, en dag vil ogsÄ Alternus Energy bli kjÞpt opp av de store,pengesterke. Da vil jeg vÊre med !!!!
https://e24.no/det-groenne-skiftet/i/34R92L/rec-solars-nye-eier-er-verdens-11-rikeste
Ikke uten grunn at denne rike inderen satser sÄ hardt pÄ fornybar energi, en dag vil ogsÄ Alternus Energy bli kjÞpt opp av de store,pengesterke. Da vil jeg vÊre med !!!!
https://e24.no/det-groenne-skiftet/i/34R92L/rec-solars-nye-eier-er-verdens-11-rikeste
Redigert 12.10.2021 kl 08:47
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happi67
07.10.2021 kl 10:24
3047
Med de hinsides strĂžmpriser som har vĂŠrt i Europa blir det gĂžy Ă„ se pĂ„ q3, đ
Green2030
02.10.2021 kl 11:50
3213
Tidligere i Är sÄ ble Alternus Energy sammenlignet og presentert som det nye mini Scatec, hvorpÄ CEO Brown var krystalklar pÄ at Scatec og en del andre aktÞrer har en mye stÞrre grad av usikkerhet i seg pga landene og det politiske landskapet de operer i - kontra Alternus som kun har solparker i trygge Europa.
I gÄr fikk vi hÞre at Scatec sitt prosjekt i SÞr-Afrika ikke hadde fÄtt godkjennelse fra regjeringen for sitt 540MW prosjekt, og prosjektene i Brasil og Ukraina var kansellert. Norsk Solar fÞlger i fotsporene til Scatec med solparker i Brasil, SÞr Afrika, Vietnam, etc.
Dette er nok en bekreftelse pÄ at Alternus Energy sin ledelse gjÞr smarte beslutninger som sikrer fremdrift, stabile inntekter og rom for en rask men kontrollert vekst.
Om 1 Är fra nÄ sÄ har selskapet vokst til ca 600MW i drift - det er en Þkning pÄ ca 450% (og 2 Är fra nÄ med ca 1000%). Det er svÊrt fÄ, om ingen andre selskaper pÄ Oslo BÞrs hvor vi med 100% sikkerhet vet at aksjen vil stige i tiden fremover takket vÊre en meget dyktig og erfaren ledelse hos Alternus Energy.
I gÄr fikk vi hÞre at Scatec sitt prosjekt i SÞr-Afrika ikke hadde fÄtt godkjennelse fra regjeringen for sitt 540MW prosjekt, og prosjektene i Brasil og Ukraina var kansellert. Norsk Solar fÞlger i fotsporene til Scatec med solparker i Brasil, SÞr Afrika, Vietnam, etc.
Dette er nok en bekreftelse pÄ at Alternus Energy sin ledelse gjÞr smarte beslutninger som sikrer fremdrift, stabile inntekter og rom for en rask men kontrollert vekst.
Om 1 Är fra nÄ sÄ har selskapet vokst til ca 600MW i drift - det er en Þkning pÄ ca 450% (og 2 Är fra nÄ med ca 1000%). Det er svÊrt fÄ, om ingen andre selskaper pÄ Oslo BÞrs hvor vi med 100% sikkerhet vet at aksjen vil stige i tiden fremover takket vÊre en meget dyktig og erfaren ledelse hos Alternus Energy.
Sebastian_
30.09.2021 kl 18:20
3379
Jo takk! Syntes dette kursmÄlet av Fearnley var meeeeget moderat, vi fÄr da vel se. Kan hende jeg laster opp oppover! Lykke til
Sebastian_
30.09.2021 kl 16:21
3422
Hei, fikk lastet opp et par aksjer pÄ blÄmandagen. Gav 25,03. Er ca 65/35 fordelt mellom mpces og alt
urix
30.09.2021 kl 12:47
3483
Fint at du setter ting i perspektiv, bra og oversiktlig innlegg, bra jobba Green 2030!!! Sammen skal vi bli rike pÄ vÄr investering i Alternus Energy!! Frustrasjon, vel mere forbannet, kjennes som et spark et viss sted og det er det jo ingen som liker!
Ha en god dag og takk for innlegget!!
Ha en god dag og takk for innlegget!!
Redigert 30.09.2021 kl 12:55
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Green2030
30.09.2021 kl 11:24
3507
@ Urix - skjÞnner frustrasjonen din men det er ikke sÄ farlig hva disse analytikerene mÄtte mene nÄ. KursmÄlet til Fearnley er hva det er, og det er nÊrliggende Ä tro at de har sine egne agendaer.
La oss ikke glemme at Alternus Energy har kun vÊrt 3 mnd pÄ EuroNext og har "kun" 130MW i operativt drift. Det eneste som betyr noe nÄ er execution execution execution. Alternus har en meget dyktig ledelse, som har vist at de er gode pÄ execution, eller gjennomfÞring som vi sier pÄ godt norsk.
- Ansettelsen av CTO Gary Swan i April
- OppkjÞp pÄ 60% av Unisun Energy Holding B.V for Ä bygge egne parker i mai
- Per 30 juni sÄ hadde de totalt 2.4GW pÄ blokka nÄ, fordelt pÄ:
* 130MW i drift
* 293MW i produksjon
* 1.424 MW signerte exclusive kontrakter
* 563MW i pipeline
Per 31.12.2021 sÄ har vi:
174MW
NOK 200 mill i ARR (Annual Recurring Revenue)
NOK 176 mill i EBITDA
26 mill aksjer
NOK 77 i kurs per aksje (NOK 2 Mrd i selskapsverdi basert pÄ NOK 200 mill ARR multiplisert med 10)
De har bevist at de har en forretningsmodell som fungerer og etterhvert som tiden gÄr sÄ vil de bygge og vokse i antall parker som er i drift ved slutten av Äret:
2021: ca 174 MW
2022: ca 673 MW
2023: ca 1.564 MW og NOK 1.1 Mrd i ARR (Annual Recurring Revenue)
2024: ca 2.464 MW
2025: ca 3.564 MW og NOK 2.5 Mrd i ARR
Mitt poeng er at etter hvert som tiden gÄr sÄ vil vi se at ledelsen leverer i henhold til hva de har sagt, og jeg personlig tror de vil overraske oss positivt og Þke i antall solparker/MW . Det jeg kan si med 100% sikkerhet er at aksjen vil stige fremover, og det er ikke mange aksjer pÄ Oslo BÞrs du kan si det om med 100% sikkerhet.
La oss ikke glemme at Alternus Energy har kun vÊrt 3 mnd pÄ EuroNext og har "kun" 130MW i operativt drift. Det eneste som betyr noe nÄ er execution execution execution. Alternus har en meget dyktig ledelse, som har vist at de er gode pÄ execution, eller gjennomfÞring som vi sier pÄ godt norsk.
- Ansettelsen av CTO Gary Swan i April
- OppkjÞp pÄ 60% av Unisun Energy Holding B.V for Ä bygge egne parker i mai
- Per 30 juni sÄ hadde de totalt 2.4GW pÄ blokka nÄ, fordelt pÄ:
* 130MW i drift
* 293MW i produksjon
* 1.424 MW signerte exclusive kontrakter
* 563MW i pipeline
Per 31.12.2021 sÄ har vi:
174MW
NOK 200 mill i ARR (Annual Recurring Revenue)
NOK 176 mill i EBITDA
26 mill aksjer
NOK 77 i kurs per aksje (NOK 2 Mrd i selskapsverdi basert pÄ NOK 200 mill ARR multiplisert med 10)
De har bevist at de har en forretningsmodell som fungerer og etterhvert som tiden gÄr sÄ vil de bygge og vokse i antall parker som er i drift ved slutten av Äret:
2021: ca 174 MW
2022: ca 673 MW
2023: ca 1.564 MW og NOK 1.1 Mrd i ARR (Annual Recurring Revenue)
2024: ca 2.464 MW
2025: ca 3.564 MW og NOK 2.5 Mrd i ARR
Mitt poeng er at etter hvert som tiden gÄr sÄ vil vi se at ledelsen leverer i henhold til hva de har sagt, og jeg personlig tror de vil overraske oss positivt og Þke i antall solparker/MW . Det jeg kan si med 100% sikkerhet er at aksjen vil stige fremover, og det er ikke mange aksjer pÄ Oslo BÞrs du kan si det om med 100% sikkerhet.
Redigert 30.09.2021 kl 11:39
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