7C Solarparken AG (ETR: HRPK) posted a pointy rise in first-half 2025 EBITDA to €32.8 million, up from €23.2 million a yr earlier, supported by higher climate and the absence of a one-off impairment associated to its 20-MWp Reuden Süd challenge.
The corporate’s efficiency got here regardless of file destructive energy costs and weaker swap and PV market values, underscoring the resilience of its portfolio. Common realized costs had been maintained at €159/MWh, whereas money circulation per share rose to €0.33 from €0.21 within the prior-year interval.
Administration reaffirmed confidence in full-year outcomes, elevating its EBITDA and money circulation per share steering to at the least €51 million and €0.50, respectively, regardless of weaker photo voltaic irradiation within the second half and a decrease anticipated common PV market worth of €45/MWh.
As a part of its Roadmap 2030, 7C Solarparken goals to broaden capability by including 10 MWp of PV yearly and 15 MW/30 MWh of battery storage, whereas pursuing a multi-market gross sales mannequin just like Belgium. The plan additionally consists of annual share buybacks of €8 million. Nonetheless, EBITDA is projected to progressively decline from €51 million in 2025 to €31 million by 2030 as older high-feed-in tariffs expire, at the same time as internet leverage falls to 1.2x EBITDA.
The corporate additionally booked a €14.7 million impairment on photo voltaic parks resulting from revised market value assumptions, lowering fairness to €233.8 million. Nonetheless, its steadiness sheet stays stable with a 44% fairness ratio and internet debt lower by 11% to €101 million.
Operationally, 7C Solarparken superior its 2025 marketing strategy with a number of repowering tasks, a strategic transfer into battery storage, continued execution of its share buyback program (80% accomplished), and a choice to finish the 20-MWp Reuden Süd plant. Its IPP portfolio is now approaching the 500-MWp milestone.
