Neoen SA (FR:NEOEN) has released an update.
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Neoen SA revises its 2024 adjusted EBITDA target to between €475 and €490 million, down from an earlier projection due to delayed asset sales in Australia, while maintaining its 2025 goals of exceeding €700 million in EBITDA and reaching 10 GW in capacity. Despite the revision, Neoen expects strong growth in its renewable energy operations and continues its transaction with Brookfield as planned.
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