Record-Breaking Sales Results Unveiled by Edisun Power Europe

• Edisun Power Europe AG reported record results for 2023, with sales jumping to CHF 37.65 million due to a sales transaction with a one-off capital gain of CHF 18.7 million.
• The company's EBITDA increased by 118.4% to CHF 30.91 million and a margin of 82.1%.
• Edisun Power produced a record 165,094 MWh of solar electricity, a 33.8% increase from the previous year.
• The company proposed a higher dividend of CHF 1.70 per share and plans to issue a new five-year bond in July 2024 with a coupon of 3.5%.
• Edisun Power sold a project portfolio of smaller plants of 706 MWp to its strategic partner Smartenergy Group and acquired three large-scale solar plants projects of 941 MWp in Madrid, Spain.
• Despite challenging weather conditions and a decline in electricity prices in the first few months of 2024, the company plans to focus on the development of its new large-scale project portfolio and the sale of project rights of smaller solar projects.