Energy Central Professional

 

Photon Energy NV - May 2022 at Photon Energy Group


Warsaw Stock Exchange (Web Disclosure) via PUBT  

 

    May 2022 at Photon Energy Group

    Our independent power producer (IPP) portfolio of PV power plants produced 13.8GWh of electricity.

    On a year-to-date basis, 51.3 GWh of electricity has been produced, compared to 34.3 GWh during the same reporting period last year, an increase of 49.6%. This increase is a result of the expansion of our proprietary portfolio.

    The clean electricity generated by our plants in the first five months of 2022 represents an avoidance of 20,963 t of CO2 emissions.

    Our independent power producer (IPP) portfolio of PV power plants generated 13.8 GWh of clean electricity, the highest monthly production volume in our company's history, and revenues from the sale of electricity also reached a record high.

    We successfully tapped our 6.50% Green EUR Bond, increasing its volume by EUR 10 million to a total of EUR 65 million. The net proceeds will be used to further finance the construction of proprietary PV power plants.

    Our share received 'Buy' recommendations from WOOD & Co., one of the leading brokerage companies in CEE, and IPOPEMA, a Poland-based company engaged in investment banking and brokerage services.

    During the Annual General Meeting held on 31 May 2022, the Annual Financial Statements for 2021, the Remuneration for 2021 and an update of the Company's Remuneration Policy were approved, the Supervisory Board of the Company was extended to three members.

    Disclaimer

    Photon Energy NV published this content on 15 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2022 13:09:30 UTC.

TOP


Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.