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UAB „Atsinaujinančios energetikos investicijos“ publishes audited consolidated and separate annual financial statements for 2024
Globenewswire· 2025-04-16 11:14
Financial Performance - As of December 31, 2024, the Company's total assets were EUR 189,795 thousand, total equity was EUR 100,476 thousand, and total liabilities were EUR 89,319 thousand [3] - The Company's investment assets at fair value through profit or loss were EUR 159,902 thousand, a decrease of EUR 20,158 thousand or 11.20% compared to December 31, 2023, primarily due to lower electricity price forecasts affecting the valuation of solar assets in Poland [3] - The Company reported a comprehensive loss of EUR 14,824 thousand for the year, mainly due to negative fair value changes in the investment portfolio [3] Operational Developments - In December 2024, the Company divested its 65.5 MW operating solar portfolio in Poland, marking its first significant exit in its core portfolio [3] - The construction of a 67.8 MW capacity portfolio for PV Energy Projects sp. z o.o. is nearing completion, with 44.8 MW operational and a Commercial Operation Date anticipated for September 2025 [3] - The PL SUN sp. z o.o. portfolio, totaling 114.7 MW, is progressing through two phases, with the first phase of 66.6 MW substantially completed and energization expected for the remaining capacity by the second quarter of 2025 [3] Project Developments - The Company holds a 25% stake in UAB Žaliosios investicijos, managing a 185.5 MW wind portfolio, with energy production licenses for the Anykščiai wind farm secured and others anticipated in 2025 [3] - A development permit for a hybrid power plant with 100 MW of wind and 70 MW of solar has been granted, with the technical design project submitted for coordination [3] - The Company has submitted a grid connection technical project for a 70 MW solar PV project, marking significant progress in its development [3] Shareholder Meeting - A shareholders' meeting is scheduled for April 30, 2025, to vote on the approval of the 2024 financial statements and consider profit distribution proposals [4] - The proposed profit allocation indicates retained earnings at the end of the financial year for 2024 will be EUR 16,376 thousand, with no dividends proposed for the current year [4]
Dominion Stock Gains From Infrastructure & Renewable Investments
ZACKS· 2025-03-31 14:05
Dominion Energy (D) is expanding and strengthening its infrastructure through systematic investments to better serve its customers. A focus on renewable energy and contributions from organic assets are projected to increase its presence in the clean energy market. However, D faces risks related to the operation of nuclear facilities and unplanned outages. Tailwinds Favoring D Dominion Energy has a well-defined long-term capital investment plan for improving and expanding its infrastructure. The company inte ...
Hannon Armstrong Sustainable Infrastructure Capital(HASI) - 2024 Q4 - Earnings Call Transcript
2025-02-13 23:00
HA Sustainable Infrastructure Capital (HASI) Q4 2024 Earnings Call February 13, 2025 05:00 PM ET Company Participants Aaron Chew - SVP - Investor RelationsJeffrey Lipson - President & CEOSusan Nickey - Executive VP & Chief Client OfficerMarc T. Pangburn - EVP & Chief Revenue and Strategy OfficerCharles Melko - EVP, CFO & TreasurerHeidi Hauch - VP, Equity Research - Clean Energy & InfrastructureTyler Bisset - Equity Research AssociateChristopher Dendrinos - VP - Equity ResearchMaheep Mandloi - Equity researc ...