OF THE LOS ARENALES PROJECT The company has obtained an administrative permit and a building permit for the Los Arenales project, thanks to which the construction processes will start in the coming weeks. Audax Renovables (ADX.MC), an energy group of companies that generate and supply electricity and gas from renewable sources in 100%, continues to increase the level of energy produced through various projects including […]
Energy producer audax renovables boosts profit to €26.4m amid pandemic Group generates €970m turnover and €66.4m EBITDA Audax Renovables (ADX.MC) – an energy group with both manufacturing and and sale of energy in 100% from renewable sources, as well as gas - in the financial year 2020 [...]
COMMISSIONING THE CAÑAMARES PHOTOVOLTAIC POWER PLANT The company has been given the green light to launch the Cañamares photovoltaic power plant, located in Castile-La Mancha and built as part of the implementation of the strategy to base the Group's development on energy production Audax Renovables (ADX.MC) - an energy group dealing both production and sale of energy from renewable sources in 100%, as well as […]
The fact that two new members joined the Management Board proves that the Group applies the best practices in corporate management. also gas - changed and strengthened the composition of its Management Board, inviting […]
The company achieved better than expected results, especially in the second half of the year, when EBITDA almost doubled compared to the first half of the year. Audax closed a financial year characterized by high volatility and challenges with a record gross margin (EUR 128 million) and a positive net result (EUR 2.8 million). In 2021, the company […]
Under the agreement, IKAV became the owner of 49% already operating photovoltaic power plants with a capacity of 69.5 MW in exchange for EUR 8.8 million, which is its contribution to the power plants as a financial partner and provides long-term financing worth EUR 29.9 million. Moreover, the investment fund will join the special purpose vehicle shareholders by providing the financing necessary to build […]
The agreement between the companies aims to promote electromobility by providing installation, maintenance and technical support services for charging stations for electric vehicles. Thanks to Plan Moves III, Spain ranks fourth among the top ten countries in the world when it comes to regulations on electric cars. Audax Renovables is a Spanish vertically integrated energy group that produces and supplies electricity from […]
The nearly 100% majority obtained at all three meetings testifies to the bondholders' support for the management of the company. - The company managed to obtain the necessary approvals from bondholders to be able to implement a possible structural energy supply operation through a strategic partner (market access). - In addition, the company was granted an exceptional exemption from the obligation to comply with the debt ratio set for the financial year 2022. NOVEMBER 29, 2022 […]
The Cuatro Caminos 1, Cuatro Caminos 2, Cuatro Caminos 3 and Cuatro Caminos 4 power plants will have a total capacity of 21.87 MW, and the investment will amount to approximately EUR 16 million. The installations will be located in the municipality of Cabanillas del Campo in the province of Guadalajara. DECEMBER 28, 2022 - Audax Renovables (ADX.MC) - Spanish vertically integrated energy group that produces and […]
The El Rebollo power plant will have a capacity of 4.12 MW, and the value of the investment will amount to approx. EUR 2.6 million. The power plant will be located in the municipality of Yunquera de Henares in the province of Guadalajara. DECEMBER 29, 2022 - Audax Renovables (ADX.MC) - Spanish vertically integrated energy group, producing and supplying electricity from 100% renewable sources and gas to customers in seven […]