Encevo SA 2019 AR2
The report highlights Encevo Group's performance in 2019, marking its 10th anniversary with solid financial results, including an EBITDA of EUR 211.9 million and a consolidated profit of EUR 67.9 million. The group successfully expanded its renewable energy asset base, particularly in wind and photovoltaic projects, while completing its divestment from biogas activities. Key achievements include the completion of the smart meter rollout in Luxembourg and the launch of Power Purchase Agreements (PPAs) with major clients like Daimler. Additionally, Encevo strengthened its Technical Services pillar through the acquisition of Power Panels S.A. and continued its digital transformation across its grid infrastructure.
Company: Encevo SA
Sector: Energy utilities
Country: Luxembourg
Year: 2019
Type: AR2
Pages: 140
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Encevo SA
Annual Report
The report highlights Encevo Group's performance in 2019, marking its 10th anniversary with solid financial results, including an EBITDA of EUR 211.9 million and a consolidated profit of EUR 67.9 million. The group successfully expanded its renewable energy asset base, particularly in wind and photovoltaic projects, while completing its divestment from biogas activities. Key achievements include the completion of the smart meter rollout in Luxembourg and the launch of Power Purchase Agreements (PPAs) with major clients like Daimler. Additionally, Encevo strengthened its Technical Services pillar through the acquisition of Power Panels S.A. and continued its digital transformation across its grid infrastructure.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Workplace Fatalities
Employees