EAM Solar AS
0.63
NOK
-0.01
(-1.56%)
ISIN
NO0013601245
Return %
Stock
S&P 500
1Y
24.32
14.20
3Y
-99.41
81.12
5Y
-99.55
68.34
Capital Structure
EUR
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in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Quarterly Revenue
EUR
•
in mil. unless spec.Quarterly Earnings Per Share
EUR
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in mil. unless spec.Quarterly Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Erik Brandon Reisenfeld
- Full Time Employees
- 4
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Oslo Norway
- IPO Date
- Mar 26, 2013
- Website
- eam.no
- Similar Companies
- Business
- EAM Solar AS is an independent solar energy investment and power generation company that acquires, owns, operates, and optimizes photovoltaic (PV) solar power plants. Founded in 2011 and headquartered in Oslo, Norway, the company operates within the renewable energy and independent power producer (IPP) sector. EAM Solar functions as an infrastructure yield vehicle focused on generating revenue through the production and wholesale delivery of solar electricity to power grids and regional utility off-takers under regulated long-term feed-in tariffs (FiTs) and power purchase agreements. The company's core business activities and service offerings encompass the ownership and long-term asset management of utility-scale ground-mounted solar photovoltaic installations; the technical, administrative, and environmental oversight of operational power plants; the wholesale supply and distribution of solar-generated electric power; and the execution of plant modernization, revamping, and repowering initiatives to maximize energy yield and asset longevity. Geographically, EAM Solar's operational power production assets are located in Italy, comprising a portfolio of solar plants across the Puglia and Basilicata regions with an aggregate installed capacity of 4.0 megawatts (MW). In recent corporate developments, EAM Solar transitioned its stock exchange listing to Euronext Growth Oslo to streamline governance and reduce corporate overhead, accompanied by a 20-to-1 share split and an equity rights issue. The company also executed a corporate reorganization to internalize management and operational functions previously handled under long-term service agreements with Energeia AS, including agreements to integrate operational personnel via Energeia Italy Srl and establish dedicated corporate headquarters in Oslo. In addition, EAM Solar initiated a major power plant repowering program across its Italian installations, upgrading sites with high-efficiency bifacial N-type modules and single-axis tracking systems to increase annual electricity generation by approximately 75 percent, marking a strategic pivot toward operational value creation and renewable capacity optimization.