Achievement of the 2025 target for operating and construction capacity of 3.6 gigawatts Voltalia (Euronext Paris, ISIN code: FR0011995588), an international renewable energy player, holds at the end of 2025 a total capacity of 3,554 megawatts, including 2,913 megawatts in operation Robert Klein, CEO of Voltalia, stated: “With around 3.6 gigawatts in operation and under construction, Voltalia has achieved its 2025 total capacity target. This performance confirms the strength of our growth strategy, despite a ...

Half-year statement of the liquidity contract As of December 31, 2025 Voltalia (Euronext Paris, ISIN code: FR0011995588), announces that the Company’s liquidity account, which is managed by NATIXIS ODDO BHF under a liquidity contract, included the following cash and Company common shares as of December 31, 2025: 32,937 shares€692,804Number of transactions on buy side over the period: 2,465Number of transactions on sell side over the period: 2,350Volume traded on buy side over the period: 509,709 shares for ...

Core Insights - Constellation Energy Corporation (CEG) is a major player in the energy sector, with a market capitalization of $113.8 billion, focusing on nuclear, hydro, wind, and solar energy solutions [1][2] Company Performance - CEG's stock has experienced a decline of 11.7% from its 52-week high of $412.70, reached on October 15, but has gained 14% over the past three months, outperforming the Utilities Select Sector SPDR Fund (XLU), which gained 7.1% in the same period [3] - Year-to-date, CEG shares have risen by 62.9% and 43.8% over the past 52 weeks, significantly outperforming XLU's YTD gains of 19.7% and 9.3% over the last year [4] - The company reported Q3 results with an adjusted EPS increase of 10.9% year-over-year to $3.04 and revenue of $6.6 billion, showing a slight increase from the previous year [6] Strategic Positioning - CEG operates the largest nuclear fleet in the U.S. with a capacity of 22 gigawatts, positioning it well to meet increasing energy demands driven by AI, with expected returns of about 58% in 2025 [5] - The company has secured a significant 20-year agreement with Microsoft Corporation (MSFT), which has positively impacted its stock, leading to a share increase of over 22% [5] Analyst Sentiment - Wall Street analysts maintain a "Moderate Buy" consensus rating for CEG, with a mean price target of $401.88, indicating a potential upside of 10.3% from current price levels [7]

Core Insights - Capstone Infrastructure Corporation announced its financial results for Q3 2025, with detailed information available in the Management's Discussion and Analysis (MD&A) and unaudited interim consolidated financial statements [1] - The Board of Directors declared a quarterly dividend of $0.2314 per Preferred Share, payable on or about January 30, 2026, to shareholders of record by January 15, 2026 [2] - The dividends on Preferred Shares are designated as "eligible" dividends under the Income Tax Act (Canada), providing an enhanced dividend tax credit for Canadian residents [3] Company Overview - Capstone Infrastructure Corporation is focused on driving the energy transition through clean and renewable energy projects across North America, with a portfolio of approximately 1.1 GW gross installed capacity across 36 facilities, including wind, solar, hydro, biomass, and natural gas power plants [4]

Core Insights - Voltalia has successfully delivered the first megawatt-hours from its 126-megawatt solar power plant in Sarimay, Uzbekistan, marking a significant milestone towards full commissioning of the site [1][5] - The Sarimay project, awarded through a public tender, is backed by a 25-year power purchase agreement and will generate approximately 252 gigawatt-hours annually, enough to power 60,000 residents and avoid over 140,000 tons of CO₂ emissions each year [1][2] Project Details - The Sarimay solar plant spans 180 hectares and includes more than 180,000 bifacial solar panels, over 350 inverters, and a three-kilometer transmission line [1] - The project was financed by the European Bank for Reconstruction and Development (EBRD) with support from the European Fund for Sustainable Development Plus, with Voltalia overseeing all aspects from development to operations [2] Environmental and Social Impact - The Sarimay project includes initiatives to restore local ecosystems, such as planting 2.65 million Haloxylon persicum shrubs, and supports local communities through educational programs [3] - At the peak of construction, approximately 776 workers were mobilized, with 85% being local, ensuring compliance with Health, Safety, and Environment (HSE) standards [3] Future Developments - Following the success of Sarimay, Voltalia is developing a second project in Uzbekistan, the Artemisya hybrid complex, which will include 100 megawatts of wind power and 200 megawatt-hours of storage, with construction set to begin in 2026 [4] - The Artemisya project is expected to generate around 383 gigawatt-hours annually, further enhancing Uzbekistan's renewable energy capacity [4] Company Overview - Voltalia operates in the renewable energy sector, producing and selling electricity from various sources, including wind, solar, hydro, biomass, and storage, with a total capacity of 3.3 GW in operation and under construction [6] - The company has a project portfolio totaling 17.4 GW and provides comprehensive services to support renewable energy projects from design to maintenance [6][7] - Voltalia employs over 2,000 people across 20 countries and is listed on the Euronext regulated market in Paris [8][9]

Core Insights - Voltalia reported a strong growth in Q3 2025, with turnover increasing by 31% to 164.7 million euros, primarily driven by a significant rise in third-party services [2][5][7] - The company's operational and financial objectives for 2025 remain aligned with forecasts, with the SPRING transformation plan entering its implementation phase [2][21][23] Financial Performance - Q3 2025 turnover reached 164.7 million euros, up 31% compared to Q3 2024, with a 33% increase at constant exchange rates [5][7] - Energy Sales turnover decreased by 13% to 85.2 million euros, impacted by unfavorable exchange rates and curtailment in Brazil [4][11] - Services to third parties saw a remarkable growth of 2.8 times, reaching 79.5 million euros, driven by construction activities in Ireland, Spain, and the UK [12][13][14] Production and Capacity - Energy production in Q3 2025 was 1.3 terawatt-hours, a 6% increase from Q3 2024, attributed to improved resource levels and increased operational capacity [9][33] - Total energy production for the first nine months of 2025 reached 3.6 terawatt-hours, up 11%, despite a curtailment of 651 gigawatt-hours in Brazil [8][11] - The operational capacity as of September 30, 2025, was 3.3 gigawatts, with a 7% increase in capacity under construction [4][28] Strategic Developments - The company is actively pursuing disposals of development activities in Hungary, Slovakia, and Mexico, expected to be completed by Q2 2026 [23] - Voltalia has initiated the sale of its Spanish development platform, aiming for completion by summer 2026 [23] - The SPRING transformation plan includes the subsidiarization of construction and maintenance activities, projected to be completed in Q1 2026 [23] Market Position and Future Outlook - Voltalia's services segment accounted for 44% of total turnover in the first nine months of 2025, highlighting its strong position in the renewable energy market [6] - The company aims to achieve an EBITDA of 200 to 220 million euros for 2025, with expectations of a higher net loss in the second half of the year due to restructuring costs [21][24]

Core Points - HRC World PLC has formally applied to delist its ordinary shares from trading on the Nasdaq First North Growth Market Copenhagen due to the discontinuation of services by VP Securities A/S [2][3] - The decision to delist is a result of external factors beyond the company's control, despite full compliance with listing and regulatory obligations [3] - The company is transitioning its trading to the Aquis Stock Exchange Growth Market in the UK, where trading commenced on 26 August 2025 [4] Company Overview - HRC World PLC is a UK public company that develops and operates small to medium-sized distributed data centers, offering co-location services such as server rack rentals and secure hosting spaces [6] - The company is also exploring sustainable innovations in renewable energy solutions, including solar, wind, hydro, biogas, and new technologies like nano-nuclear reactors [6]

Core Insights - Voltalia reported a half-year EBITDA of 78.3 million euros, a decrease of 4% compared to the same period in 2024, with a forecasted EBITDA for the full year of between 200 and 220 million euros [3][6][47] - The company confirmed its production and capacity targets for 2025 despite facing operational challenges due to curtailments in Brazil and unfavorable exchange rates [2][36][47] - The SPRING transformation plan aims to enhance operational efficiency and profitability, with initial measures already being implemented [4][41][40] Financial Performance - Turnover for the first half of 2025 reached 257 million euros, an increase of 8% at current exchange rates, driven by a 50% growth in Services for third-party clients [3][7] - The net loss attributable to the group was 39.7 million euros, significantly higher than the 15.7 million euros loss in the first half of 2024, primarily due to fewer project disposals and costs associated with the SPRING plan [9][30] - Energy production increased by 14% to 2.4 terawatt hours, despite a curtailment of 268 gigawatt hours in Brazil, which accounted for 14% of Brazilian production [3][13] Operational Highlights - Capacity in operation and under construction rose by 7% to 3.3 gigawatts, with 2.5 gigawatts currently operational and 0.8 gigawatts under construction [3][14] - The company’s operational capacity for third-party customers increased by 20% to 7.7 gigawatts [3][14] - The SPRING plan focuses on refocusing the business on core activities, clarifying the operating model, and improving performance through efficiency and optimization [3][41] Market Context - The Brazilian grid operator's production curtailment has impacted Voltalia's operational performance, necessitating adjustments in production forecasts [2][36] - The average EUR/BRL exchange rate was 6.30 in the first half of 2025, compared to 5.49 in the same period of 2024, affecting revenue from energy sales [15][27] - Voltalia's strategic focus remains on sustainable growth and value creation in the renewable energy sector, with a clear roadmap established through the SPRING transformation plan [41][56]

Core Insights - Capstone Infrastructure Corporation announced its financial results for Q2 2025, with detailed Management's Discussion and Analysis (MD&A) available for review [1] - The Board of Directors declared a quarterly dividend of $0.2314 per Preferred Share, payable on or about October 31, 2025, to shareholders of record by October 15, 2025 [2] - The dividends on Preferred Shares are designated as "eligible" dividends under the Income Tax Act (Canada), allowing for an enhanced dividend tax credit for Canadian residents [3] Company Overview - Capstone is focused on driving the energy transition through clean and renewable energy projects across North America, with a portfolio of approximately 885 MW of installed capacity across 35 facilities, including wind, solar, hydro, biomass, and natural gas power plants [4]

Core Insights - Voltalia reported a turnover of 147.7 million euros in Q2 2025, representing an 11% increase compared to Q2 2024, with a 16% increase at constant exchange rates [2][8] - Energy production increased by 13% to 1,257 GWh in Q2 2025, driven by higher resource levels in Brazil and increased operating capacity [10][34] - The company is finalizing its SPRING strategic plan, aimed at enhancing competitiveness and agility in the rapidly evolving renewable energy sector [3][24] Financial Performance - Q2 2025 turnover breakdown: Energy Sales at 81.7 million euros (down 13%), Services at 65.9 million euros (up 69%) [4][8] - First-half 2025 turnover reached 257 million euros, up 9% at current exchange rates, with Energy Sales down 9% and Services up 50% [7][12] - The average EUR/BRL exchange rate was 6.30 in H1 2025, compared to 5.49 in H1 2024, impacting turnover [9] Operational Indicators - Energy production for H1 2025 was 2.4 TWh, a 14% increase despite curtailment in Brazil [6][29] - Total capacity in operation and under construction reached 3.6 GW, a 10% increase compared to 2024 [29][35] - Capacity operated for third-party clients increased by 20% to 7.7 GW [6][17] Services Segment - Services turnover for Q2 2025 was 65.9 million euros, with Development and Construction turnover at 57.8 million euros (up 79%) and Operation and Maintenance at 8.1 million euros (up 23%) [14][15] - The company has initiated the winding down of its Equipment Procurement business segment, affecting turnover restatements [39] Market Context - The renewable energy market is experiencing rapid changes, and Voltalia aims to leverage these challenges for sustainable growth [3][24] - The company is actively addressing curtailment issues in Brazil, which amounted to 268 GWh in H1 2025, representing 14% of Brazilian production [18][19]