Audax Renovables closes, through the EIB, the financing for the construction of 141MWp photovoltaic in Spain ▪ With this operation, Audax strengthens its commitment to renewable energies through its vertical integration, from generation to commercialization ▪ The operation, led by the European Investment Bank (EIB), will allow […]

Audax Renovables launches a bond repurchase program of up to 50 million ▪ The company seeks to optimize the level of available treasury and the volume and cost of financial debt, while providing liquidity to bondholders who may be interested in divesting 16 DE NOVEMBER 2023.– Audax Renovables (ADX.MC), […]

Audax doubles its EBITDA as of September 2023, exceeding 77 million euros ▪ Audax Renovables closes the third quarter of the year with an increase in gross margin of 69% (EUR 174 m) and achieves a net result of 25 million euros compared to 2 million euros from the same period of the year […]

Audax doubles its EBITDA during the first half of 2023, exceeding 48 million euros ▪ Audax Renovables closes the first six months of the year with an increase in the gross margin of 64% (€106m), multiplying its net result by 4 (€10m) and reduces its net financial debt by 31% to 337 million […]

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 […]