Photon Energy N.V. Closes 2020 with Improved EBITDA and Accelerating Project Development
DGAP-Media / 12.02.2021 / 11:12
- EBITDA improved by 3.2% despite a 6.3% decrease in revenues
- PV power plants with a combined capacity of 23 MWp built and added to the Company's proprietary portfolio in Hungary; two utility-scale power plants with a combined capacity of 14.6 MWp brought to the commissioning stage in Australia
- Project pipeline exceeding 200 MWp in Hungary, Romania and Poland
Amsterdam - 12 February 2021 - Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) ('Photon Energy Group' or the 'Company') today reported unaudited financial results for the fourth quarter of 2020 and for the fiscal year ending on 31 December 2020.