European Energy achieved robust performance in Q3, recording an EBITDA of over EUR 78M and a profit of EUR 59M. The gross pipeline expanded to 60 GW, marking an 11 GW increase in the last year. Notably, 1.7 GW of projects transitioned to the ready-to-build phase in 2023, while managed assets generated 1 TWh in Q3, including 535 GWh from company-owned assets.
European Energy delivers strong financial results
European Energy maintains 2023 guidance of EUR 180 million EBITDA and EUR 140 million profit before tax, with a +/- 20 percent margin. Illustration from European Energy.