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Latest Audax Renovables News
Sep 30, 2021
09/30/2021 | 03:22am EDT Message : APM Reconciliation AUDAX RENOVABLES reports on Alternative Performance Measures (APM) in order to supplement the financial statements presented in accordance with the International Financial Reporting Standards adopted by the European Union (IFRS-EU). These measures, in addition to the financial measures and in compliance with (IFRS-EU), are used for the purpose of establishing budgets and goals and of managing business, assessing its financial and operating performance and comparing it with previous periods and with the performance of the competitors. The presentation of such measures is assumed to be helpful because they can be used for analysis and comparison of profitability between companies and industries, as the impact of the financial structure and of the accounting effects other than cash flows are excluded. Non-financial measures are also presented, because these and other similar measures are generally used by investors, securities analysts and other brokers as complementary performance measures. In general, these APM are used by the Management so there is direct traceability to the consolidated income statement and no reconciliation is needed. The APM that the Group considers most important are set out below: Consolidated Income Statement
Audax Renovables Acquisitions
2 Acquisitions
Audax Renovables acquired 2 companies. Their latest acquisition was E.ON Tiszantuli Aramhalozati Zrt. on July 08, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
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7/8/2020 | Acquired - II | 3 | ||||
1/3/2019 |
Date | 7/8/2020 | 1/3/2019 |
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Investment Stage | ||
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired - II | |
Sources | 3 |
Audax Renovables Partners & Customers
1 Partners and customers
Audax Renovables has 1 strategic partners and customers. Audax Renovables recently partnered with Statkraft on July 7, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
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7/3/2019 | Vendor | Norway | Audax Renovables and Statkraft sign largest long-term PPA with immediate delivery in Spain Audax Renovables , the leading independent renewable energy supplier in the Spanish segment of small and medium-sized enterprises , and Statkraft have signed the largest long-term power purchase agreement in Spain . | 1 |
Date | 7/3/2019 |
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Type | Vendor |
Business Partner | |
Country | Norway |
News Snippet | Audax Renovables and Statkraft sign largest long-term PPA with immediate delivery in Spain Audax Renovables , the leading independent renewable energy supplier in the Spanish segment of small and medium-sized enterprises , and Statkraft have signed the largest long-term power purchase agreement in Spain . |
Sources | 1 |
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