NHOA, Energy Storage Leads Revenue Growth in 2022

NHOA Energy Storage Leads Revenue Growth in 2022

(Tiper Stock Exchange) – NHOA (formerly Engie EPS), a group listed on Euronext Paris and active in energy storage and electric mobility, closed the 2022 with revenues equal to 165.7 million euros, up by 449% compared to the previous year.

“L’Energy Storage recorded outstanding results, once again confirming itself as the growth engine of the Group, with over €300 million of order backlog, 1.4GWh under construction and over €1 billion of pipeline, giving full visibility on growth in 2023 and balancing the temporary slowdown that the Global Business Line e-Mobility is facing,” commented the CEO Carlalberto Guglielminotti.

The subsidiary Atlasat the end of the year, counted over 2,000 charging points online and under construction and a pipeline of over 2,700 new sites. “Furthermore, thanks to the recent acquisition in Italy, Atlante can now count on an even more widespread network, capable of reaching the most strategic areas of Southern Europe”, said Guglielminotti.

In the 2023 the NHOA group predicts: revenues between 220 and 280 million euros; EBITDA generated by NHOA Energy between 5 and 10 million euros; over 3,000 top-up points online and under construction by the end of 2023 in the Atlante network.

tlb-finance