Copperbelt Energy Corp PLC 2023 AR2
The report highlights Copperbelt Energy Corporation PLC's (CEC) operational and financial performance for the fiscal year 2023, emphasizing its transition toward renewable energy. Key milestones include the commissioning of the 34 MW Riverside Solar PV plant and the commencement of the 60 MW Itimpi Solar PV project, supported by the registration and listing of a debut USD 200 million Green Bond. Financially, the company recorded a revenue of USD 382.2 million and a profit after tax of USD 137.6 million, significantly boosted by a negotiated debt settlement with Konkola Copper Mines (KCM). Additionally, the company achieved 2.3 million injury-free man-hours and planted 500,000 trees to date as part of its environmental stewardship.
Company: Copperbelt Energy Corp PLC
Sector: Utilities
Country: Zambia
Year: 2023
Type: AR2
Pages: 188
Copperbelt Energy Corp PLC
Annual Report And Financial Statements
The report highlights Copperbelt Energy Corporation PLC's (CEC) operational and financial performance for the fiscal year 2023, emphasizing its transition toward renewable energy. Key milestones include the commissioning of the 34 MW Riverside Solar PV plant and the commencement of the 60 MW Itimpi Solar PV project, supported by the registration and listing of a debut USD 200 million Green Bond. Financially, the company recorded a revenue of USD 382.2 million and a profit after tax of USD 137.6 million, significantly boosted by a negotiated debt settlement with Konkola Copper Mines (KCM). Additionally, the company achieved 2.3 million injury-free man-hours and planted 500,000 trees to date as part of its environmental stewardship.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Total Waste
Workplace Fatalities
Net Zero Target
Employees