7C Solarparken (HRPK) Q1 2026 earnings summary

Executive summary

• Electricity production increased by 2% to 67 GWh in Q1 2026, driven by a 10% rise in weighted average capacity to 489 MWp.

• Revenues declined by 2.9% year-over-year to EUR 10.3M, mainly due to lower electricity prices and the expiry of price swap agreements.

• EBITDA fell by 8.5% to EUR 7.7M, impacted by lower other operating income and the absence of prior-year one-off gains.

Financial highlights

• Sale of electricity decreased to EUR 10.1M, reflecting a 3.4% drop from Q1 2025.

• Other operating income dropped by 45.9% to EUR 0.7M, with prior-year figures boosted by a one-off asset sale.

• Operating expenses decreased to EUR 2.6M, mainly due to lower costs for solar and wind installations.

Outlook and guidance

• Full-year 2026 guidance remains unchanged: revenues of EUR 66.5M, EBITDA of EUR 50.0M, and CFPS of EUR 0.50.