EAM Solar ASA 2023 AR2
The report details EAM Solar ASA's activities for the fiscal year 2023, during which the company continued to operate as a litigation-focused entity following the historical P31 acquisition fraud. EAM Solar operated four solar PV power plants in Italy with a combined capacity of 4.0 MW, generating 4,333 MWh of electricity, which was 20.4 percent below estimates due to module thefts. Financially, the company reported a loss after tax of EUR 1,211 thousand, heavily impacted by extensive legal costs. The report highlights ongoing legal proceedings in Milan and Oslo, as well as a favorable arbitration decision received in early 2024.
Company: EAM Solar ASA
Sector: Utilities
Country: Norway
Year: 2023
Type: AR2
Pages: 77
EAM Solar ASA
Annual Report
The report details EAM Solar ASA's activities for the fiscal year 2023, during which the company continued to operate as a litigation-focused entity following the historical P31 acquisition fraud. EAM Solar operated four solar PV power plants in Italy with a combined capacity of 4.0 MW, generating 4,333 MWh of electricity, which was 20.4 percent below estimates due to module thefts. Financially, the company reported a loss after tax of EUR 1,211 thousand, heavily impacted by extensive legal costs. The report highlights ongoing legal proceedings in Milan and Oslo, as well as a favorable arbitration decision received in early 2024.
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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
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees