• Lower solar power production of 80,499 MWh (-9%) due to poor weather conditions
• Revenues down to CHF 7.81 million (-15.3%)
• 67.5% EBITDA margin with EBITDA CHF 5.27 million (-21.4%)
• Net loss of CHF 1.25 million
• New bonds subscribed for CHF 28.6 million
• Positive outlook thanks to high electricity production in July and August

In the first half of the year, lower solar power production and lower electricity market prices led to a drop in sales of around 13% in local currency. At 67.5%, the EBITDA margin was slightly below the medium-term target of 70%...

Successful launch of new Edisun Power bonds and development of a new large-scale plant

The bond issued on July 1, 2024 with a term of 5 years (July 1, 2024 to June 30, 2029) and an interest rate of 3.5% was subscribed with great interest by existing and new investors...

Annual General Meeting 2024:
Edisun Power shareholders approve all proposals of the Board of Directors to the Annual General Meeting 2024 

The Annual General Meeting of Edisun Power Europe AG took place on Friday, April 26, 2024. All proposals of the Board of Directors were approved by a large majority. 

Horst H. Mahmoudi (Chairman), Fulvio Micheletti, Reto Klotz, José-Luis Chorro López and Marc Klingelfuss were re-elected to the Board of Directors for a further term of office of one year. 

2023 annual result:
Edisun Power shows record results with sales transactions

• Jump in sales to CHF 37.65 million thanks to sales transaction with CHF 18.7 million one-off capital gain
• EBITDA up by 118.4% to CHF 30.91 million and 82.1% margin
• Record solar electricity production of 165 094 MWh (+33.8%)
• Proposed higher dividend CHF 1.70/share
• New five-year bond emission first July 2024 with a coupon of 3.5%

2023 was a record year for Edisun Power in various respects: financially, new record values were achieved with the sales of project portfolio of smaller plants of 706 MWp to its strategic partner Smartenergy Group and the realization of a one-off capital gain of 18.7 MCHF...