Infrastructure continues to benefit from an important backlog of works which allowed it to generate €1bn in additional revenues yoy. As expected, the Acciona Energia suffered from much lower power prices with an average achieved price for the company of €112.2/MWh vs €169.4/MWh last year, resulting in a decline in the group EBITDA and a downward revision in the guidance for the Energy business.

28 Jul 2023
H1 23: infrastructure backlog boosts revenues but power prices trim margin

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H1 23: infrastructure backlog boosts revenues but power prices trim margin
- Published:
28 Jul 2023 -
Author:
Pierre-Alexandre Ramondenc -
Pages:
3 -
Infrastructure continues to benefit from an important backlog of works which allowed it to generate €1bn in additional revenues yoy. As expected, the Acciona Energia suffered from much lower power prices with an average achieved price for the company of €112.2/MWh vs €169.4/MWh last year, resulting in a decline in the group EBITDA and a downward revision in the guidance for the Energy business.