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

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Copperbelt Energy Corp PLC

Copperbelt Energy Corp PLC 2023 Annual Report and Financial Statements

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