v3.26.1
Unaudited Condensed Consolidated Interim Statements of Financial Position
€ in Thousands, $ in Thousands
Jun. 30, 2026
EUR (€)
Jun. 30, 2026
USD ($)
Dec. 31, 2025
EUR (€)
Current assets:      
Cash and cash equivalents € 113,474 $ 129,344 [1] € 87,614
Short-term deposits 53,322 60,780 [2]
Restricted cash 590 673 [2] 656
Intangible asset from green certificates 602 686 [2] 29
Trade and revenue receivables 7,630 8,697 [2] 7,236
Other receivables 15,365 17,514 [2] 14,918
Derivatives 5,057 5,764 [2] 3,743
Total current assets 196,040 223,458 [2] 114,196
Non-current assets      
Investment in equity accounted investee [2] 59,542
Fixed assets 654,974 746,578 [2] 566,876
Right-of-use asset 48,380 55,146 [2] 44,386
Restricted cash and deposits 15,695 17,890 [2] 16,071
Deferred tax 9,652 11,002 [2] 11,914
Long term receivables 20,870 23,789 [2] 18,097
Derivatives 13,576 15,475 [2] 12,433
Total non-current assets 763,147 869,880 [2] 729,319
Total assets 959,187 1,093,338 [2] 843,515
Current liabilities      
Current maturities of long-term bank loans 45,481 51,842 [2] 17,235
Current maturities of other long-term loans 6,124 6,980 [2] 3,666
Current maturities of debentures 55,702 63,492 [2] 39,803
Trade payables 11,792 13,441 [2] 6,719
Other payables 18,204 20,751 [2] 16,633
Derivatives 1,534 1,749 [2] 675
Current maturities of lease liabilities 950 1,083 [2] 844
Income tax payables 16,721 19,060 [2] 512
Warrants 2,062 2,350 [2] 5,929
Total current liabilities 158,570 180,748 [2] 92,016
Non-current liabilities      
Long-term lease liabilities 39,266 44,758 [2] 35,491
Long-term bank loans 298,808 340,599 [2] 272,388
Other long-term loans 60,688 69,176 [2] 58,457
Debentures 157,261 179,255 [2] 209,374
Deferred tax 3,478 3,964 [2] 3,170
Other long-term liabilities 7,833 8,928 [2] 6,179
Derivatives 967 1,102 [2] 1,300
Total non-current liabilities 568,301 647,782 [2] 586,359
Total liabilities 726,871 828,530 [2] 678,375
Equity      
Share capital 28,008 31,925 [2] 28,002
Share premium 96,757 110,289 [2] 96,585
Treasury shares (1,736) (1,979) [2] (1,736)
Transaction reserve with non-controlling interests 14,763 16,828 [2] 14,757
Reserves 24,377 27,787 [2] 16,674
Retained earnings (accumulated deficit) 48,198 54,939 [2] (13,694)
Total equity attributed to shareholders of the Company 210,367 239,789 [2] 140,588
Non-controlling interest 21,949 25,019 [2] 24,552
Total equity 232,316 264,808 [3] 165,140
Total liabilities and equity € 959,187 $ 1,093,338 [2] € 843,515
[1] Convenience translation into US$ (exchange rate as at June 30, 2026: EUR 1 = US$ 1.14)
[2] Convenience translation into US$ (exchange rate as at June 30, 2026: EUR 1 = US$ 1.14)
[3] Convenience translation into US$ (exchange rate as at June 30, 2026: EUR 1 = US$ 1.14)