Company GuidanceManagement's confirmation of 2024 guidance, along with the assurance of a stable EBITDA forecast even amidst current low merchant prices, instills confidence in the company's financial outlook.
Earnings PerformanceAnalyst highlights the company's ability to surpass revenue and EBITDA estimates, bolstered by a robust wind performance that compensates for the lower merchant power prices in Spain.
Strategic Supply AgreementsThe firm's strategic partnership with Indian supplier Waaree ensures a steady supply of solar cells and modules, potentially mitigating risks from US import tariffs on Southeast Asian products.