Edisun Power Europe AG: Half-year results and "Renewables to AI" strategy

Edisun Power Europe AG announced mixed half-year results, highlighting the need for a renewed strategic approach, dubbed "Renewables to AI." Solar power generation fell by 9.5%, leading to a 7.5% decline in revenue to CHF 7.22 million. This resulted in a net loss of CHF 2.97 million. The EBITDA margin remained solid at 63.6%, despite the decline.

The new strategy emphasizes the development of renewable energy for data centers. The "Fuencarral to AI" project in Madrid is central to this initiative and is generating significant interest. In addition, Edisun Power will issue a five-year bond to finance its future projects, with subscriptions scheduled to run until October 2, 2025. The annual outlook will depend on the outcome of sales of the strategic project in Spain.