Neoen

NEOEN

FR0011675362

Neoen is a leading independent producer of renewable energy (the first independent producer of electricity from renewable energy in France), whose activity focuses on solar and wind power production, as well as on the development of advanced energy storage solutions. Neoen is mainly present in three geographical areas, namely the Europe-Africa region (notably in France, Finland, Portugal and Ireland), Australia and the Americas region (notably in El Salvador, Mexico, Jamaica, Argentina, Ecuador and the United States). At the end of 2023, the group owned and operated photovoltaic and wind power facilities, representing a combined installed capacity of 9 GW in operation and under construction.

Sector

Independent Power Producers

Calendar

2024-07-24 - Q2 2024 Earnings Call

Related indices

CAC Mid 60

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

NEOEN : Brookfield's €6.1bn takeover bid raises a question: Are renewable assets undervalued?

May 30, 2024 at 06:14 am

More Strategies

Ratings for Neoen

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

31.4 EUR

Average target price

31.33 EUR

Spread / Average Target

-0.22%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Renewable IPPs

	1st Jan change	Capi.
NEOEN	+3.70%	5.15B
ADANI GREEN ENERGY LIMITED	+17.40%	35.72B
HUANENG LANCANG RIVER HYDROPOWER INC.	+15.64%	24.78B
EDP RENOVÁVEIS, S.A.	-21.08%	15.91B
ENGIE BRASIL ENERGIA S.A.	-3.73%	6.87B
NORTHLAND POWER INC.	-4.24%	4.31B
ERG S.P.A.	-11.71%	3.82B
CLEARWAY ENERGY, INC.	-5.20%	3.01B
ENCAVIS AG	+9.94%	2.97B
RENANTIS S.P.A	-.--%	2.89B

Renewable IPPs

Real-time Euronext Paris Other stock markets 11:35:21 2024-05-29 EDT			5-day change	1st Jan Change
31.4 ^EUR	-4.09%		+1.82%	+3.70%

02:22pm	Brookfield in Exclusive Talks to Buy Majority Stake in France's Neoen	MT
01:17pm	News Highlights : Top Company News of the Day - Thursday at 7 AM ET	DJ

Brookfield in Exclusive Talks to Buy Majority Stake in France's Neoen	08:22am	MT
News Highlights : Top Company News of the Day - Thursday at 7 AM ET	07:17am	DJ
News Highlights : Top Financial Services News of the Day - Thursday at 7 AM ET	07:16am	DJ
Brookfield Brief: Entering into exclusive negotiations with Impala and other shareholders to Buy a majority stake in Neoen and launch a mandatory tender offer for 100% of the company	07:09am	MT
Brookfield in Talks to Acquire French Renewable Energy Firm Neoen for $6.6 Billion Cash	06:53am	MT
NEOEN : Oddo BHF adjusts its advice, raises its target	06:19am	CF
NEOEN : Brookfield's €6.1bn takeover bid raises a question: Are renewable assets undervalued?	06:14am
News Highlights : Top Company News of the Day - Thursday at 5 AM ET	05:16am	DJ
News Highlights : Top Energy News of the Day - Thursday at 4 AM ET	04:15am	DJ
Canada's Brookfield Renewable Begins Exclusive Talks for Neoen Takeover	03:08am	MT
Neoen: towards the acquisition of a majority stake by Brookfield	02:43am	CF
Brookfield nears deal to buy France's Neoen for $6.6 billion	02:06am	RE
Brookfield nears deal to buy majority stake in France's Neoen, Bloomberg reports	12:34am	RE
Brookfield Nears Deal To Buy Majority Stake In Neoen - Bloomberg News	12:14am	RE
RPT: BROOKFIELD NEARS DEAL TO BUY MAJORITY STAKE IN NEOEN - BLOO…	12:14am	RE
Utilities EPS have not factored the rapid surge in energy prices	05-24
Berenberg Raises Neoen PT, Affirms Keep Recommendation	05-23	MT
NEOEN : Berenberg raises target, but maintains 'hold' rating	05-23	CF
Neoen Unit Lands 20-year Power Capacity Contract in Canada	05-14	MT
Neoen: major capacity contract in Ontario	05-14	CF
NEOEN : Q1 24: Earnings in line with expectations, objectives confirmed	05-02
Transcript : Neoen S.A., Q1 2024 Sales/ Trading Statement Call, May 02, 2024	05-02
Neoen: 8% decline in quarterly sales	05-02	CF
Neoen Bags Second Battery Storage Capacity Services Contract in Australia	04-29	MT
NEOEN : Neoen steps up the battery business in Australia with Collie Battery Stage 2	04-29