Chorus Clean reports stable 9-mo results
Dec 2, 2016 15:45 CET
December 2 – German solar and wind parks operator Chorus Clean Energy AG (FRA:CU1) reported stable results for the first nine months of 2016 and said its managed portfolio has expanded by 230 MW to 530 MW.
The company, which now operates as a subsidiary of Capital Stage AG (ETR:CAP), has expanded its asset management business, adding capacity in new locations such as Sweden and the UK. Key figures are available in the table:
| Figures in EUR million | 9-mo 2016 | 9-mo 2015 |
| Consolidated revenue | 49 | 49 |
| – revenue from solar and wind electricity generation | 47.4 | 46.5 |
| EBITDA | 39 | 36.8 |
| EBIT | 20.7 | 20.3 |
| Net profit | 8.3 | 10 |
| Equity | 233.7 | 230.3 |
| Total assets | 750.5 | 609.2 |
| Portfolio output (in kWh million) | 550 | 294 |
The portfolio will be expanded further in the 2017 financial year.
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