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

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EAM Solar ASA

EAM Solar ASA 2023 Annual Report

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