Waga Energy doubles H1 revenue and starts up its first international units
Waga Energy generated EBITDA of -€3.1 million for the first half of 2023, compared to -€2 million in the first half of 2022.
- Waga Energy generated EBITDA of -€3.1 million for the first half of 2023, compared to -€2 million in the first half of 2022.
- The change in EBITDA also reflected higher energy and raw materials costs, although these were partially offset by indexation mechanisms included in contracts.
- Waga Energy aims to refinance all these units with bank loans.
- Strengthened by its achievements, Waga Energy is confident it can deliver revenue of €200 million and installed capacity of 4 TWH/year in 2026.