Trade NEOEN - NEOEN CFD

NEOEN Company profile

About Neoen SA

Neoen SAS is a France-based company specialized in the renewable energy sector. The Company operates, finances and develops a number of power plants from a variety of energy sources, including Solar, wind and Biomass. Its portfolio of power plants includes providencia, ombrineo, degrussa, cestas, ygos, luxey, geloux, seixal, cabrela, coruche, hornsdale I, bussy-lettree, raucourt II, villacerf, bais et trans, reclainville, chapelle vallon and la montagne. Apart from France, the Company is present in many other countries such as Portugal, Australia, Australia, Jordan, Zambia, Mozambique, Argentina, Jamaica, Mexico, Egypt and El Salvador, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Neoen SA revenues increased 12% to EUR333.6M. Net income increased from EUR3.9M to EUR41M. Revenues reflect Energy sales in the market increase of 27% to EUR74.7M, Energy Sales Under Contract increase of 6% to EUR249.3M, Other revenues increase of 92% to EUR9.6M. Net income benefited from Current Operating Income/Expenses increase of 10% to EUR54.4M (income).

Equity composition

3/2021, Rights Issue, 1 new share for every 4 shares held @ EUR28 (Factor: 1.08645)