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MarketScreener Homepage  >  Equities  >  Xetra  >  Innogy SE    IGY   DE000A2AADD2

INNOGY SE

(IGY)
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Innogy : Germanys Innogy breaks ground on Ohio wind farm

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06/08/2019 | 10:39am EDT

According to Innogy, the Scioto Ridge facility is the newest in the state, and has attracted over $300 million in private investment.

The facility will be powered by 75 Siemens Gamesa turbines to begin generation in the latter-half of 2020.

The facility will power 60,000 homes annually, and will supplement the local economy with over $75 million in new revenue over a 25-year period.

The facility will also provide 150 temporary jobs during construction, and 10 permanent jobs once operational.

Hans Bnting, CEO of Renewables at Innogy SE, said: Ohios place in the heartland of the US offers ideal conditions for renewable energy and is considered as an attractive market for clean energy investment.

All of us at innogy are excited to deliver Scioto Ridge and continue with more long-term renewable energy investments in Ohio and other key US markets.

(c) 2019 Saudi Research and Publishing Co. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
INNOGY SE -0.12% 43.41 Delayed Quote.6.70%
RWE AG 0.38% 24.06 Delayed Quote.26.34%
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Financials (EUR)
Sales 2019 35 707 M
EBIT 2019 2 256 M
Net income 2019 955 M
Debt 2019 17 504 M
Yield 2019 2,81%
P/E ratio 2019 25,8x
P/E ratio 2020 23,9x
EV / Sales2019 1,16x
EV / Sales2020 1,19x
Capitalization 24 022 M
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Mean consensus HOLD
Number of Analysts 16
Average target price 37,73  €
Last Close Price 43,24  €
Spread / Highest target -2,87%
Spread / Average Target -12,7%
Spread / Lowest Target -28,3%
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Managers
NameTitle
Uwe Tigges Chairman-Executive Board & Chief Executive Officer
Erhard Walter Schipporeit Chairman-Supervisory Board
Hildegard Müller Chief Operating Officer-Grid & Infrastructure
Martin Friedrich Herrmann Chief Operating Officer-Retail
Hans Friedrich Bünting Chief Operating Officer-Renewables
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