Audax Renovables launches a virtual battery that allows its customers to use surplus energy to reduce the amount of their bill. The surplus energy from solar panels is converted into euros that Audax Renovables customers can deduct from their utility bills. , being able to compensate up to 100% […]
Audax Renovables increases its EBITDA by 47% The company increases its gross margin by 41% during the first three months of the year, to 50.9 million euros, while its net result increases by 18%, reaching 2.4 million. The Board of Directors approves the Strategic Sustainability Plan 2023-2025 that further defines […]
Audax Renovables maintains its Investment Grade rating (BBB-) EthiFinance Ratings, formerly Axesor Ratings, positively values the company's business profile, based on a favorable situation in the utilities sector associated with renewable energies, a growing geographical and client diversification , as well as the consolidated competitive advantages derived from its recent agreement of […]
Audax Renovables and CEOE-CEPYME Guadalajara renew their collaboration agreement. Thanks to the agreement, the association's members will be able to request a study on their consumption to save on their energy costs and they will be advised on the most convenient products. The company has four plants photovoltaic plants in Guadalajara that add up to a power of 21.87 MW. […]
Audax Renovables joins the MSCI World Small Cap benchmark index This stock market indicator is made up of more than 4,000 small-cap listed companies from 23 countries that are characterized by their good performance in terms of liquidity. The company's inclusion in said index will become effective as of today. […]
Audax earns 7.8 million euros in 2022 The Group increases revenue by 56% reaching 2,633 million euros, with an EBITDA of 54 million euros, 16% higher than last year. Audax manages to reverse the loss situation of the previous year with a profit of 7.8 million euros. 27 […]
Audax Renovables signs a strategic agreement with Shell Energy Europe Limited for the purchase of energy in Spain The British multinational will become the exclusive supplier of gas and electricity for the Audax Group in Spain, who will benefit from an energy supply after the signing of a Market Access agreement. The agreement […]
Audax Renovables begins the construction of other new 4MWp DECEMBER 29, 2022.– Audax Renovables (ADX.MC), a vertically integrated Spanish energy group that generates and supplies renewable 100% electricity and gas to customers in 7 countries, has announced the start of the construction of a photovoltaic project located in the municipality of Yunquera de Henares, […]
Audax Renovables begins the construction of 22 MWp of its solar generation portfolio With an investment of approximately 16 million euros, the Cuatro Caminos 1, Cuatro Caminos 2, Cuatro Caminos 3 and Cuatro Caminos 4 projects will have a total power of 21, 87 MWp Future projects are located in the […]
Audax obtains approval by a large majority of all agreements at its bondholders' meeting - The majority close to 100% in the three assemblies demonstrates the bondholders' support for the company's management. - The company achieves the exemptions required from bondholders to launch a potential […]