Canadian pension fund Alberta Investment Management Corp (AIMCo) has begun a strategic review of Spanish renewable energy firm Eolia, which could lead to a possible sale, two sources familiar with the matter told Reuters. AIMCo has hired advisers to decide on strategic options for the business that operates around 860 megawatts (MW) of renewable energy generation capacity in Spain, the sources said on condition of anonymity because the matter is confidential. AIMCo declined to comment.
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Turnover and Earnings before Taxes, Interest and Depreciation (EBITDA) amounted to € 524 million and € 81 million respectively for the first quarter of 2021, remaining at the same levels as in the corresponding period of the previous year and with the immediately preceding quarter.
Net profit after minority interests amounted to € 37 million, remaining at about the same level compared to the same period last year, while it was significantly higher (+ 37%) compared to the fourth quarter of 2020.
Net borrowing stood at € 554 million, with the leverage ratio (Net Lending / EBITDA) standing at 1.75, despite significant investments being in full swing.
As pointed out by the group, the financial performance of MYTLINEOS in the first quarter of 2021 marks a dynamic start to a year with positive prospects. In the coming quarters, this performance is expected to increase significantly, as the demand and prices of aluminum remain high, the price environment and the demand in the ele
Turnover and Earnings before Taxes, Interest and Depreciation (EBITDA) amounted to € 524 million and € 81 million respectively for the first quarter of 2021, remaining at the same levels as in the corresponding period of the previous year and with the immediately preceding quarter.
Net profit after minority interests amounted to € 37 million, remaining at about the same level compared to the same period last year, while it was significantly higher (+ 37%) compared to the fourth quarter of 2020.
Net borrowing stood at € 554 million, with the leverage ratio (Net Lending / EBITDA) standing at 1.75, despite significant investments being in full swing.
As pointed out by the group, the financial performance of MYTLINEOS in the first quarter of 2021 marks a dynamic start to a year with positive prospects. In the coming quarters, this performance is expected to increase significantly, as the demand and prices of aluminum remain high, the price environment and the demand in the ele
Mytilineos: Στα 37 εκατ ευρώ τα καθαρά κέρδη α΄τριμήνου 2021 bankingnews.gr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankingnews.gr Daily Mail and Mail on Sunday newspapers.