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Prospex Energy PLC - exploration investment company with core investments in Spain and Italy - For the second quarter of 2022, revenue from the El Romeral power plant drops 12% to €925,134 from €1.0 million in the prior quarter.
This is due to peak electricity prices levelling off when compared to the extreme levels seen in March.
Looking ahead, project Apollo - the installation of solar panels on the roof of El Romeral is due to be commissioned in early August.
Meanwhile project Helios, the renewable co-generation via a proposed 5 megawatt solar farm near El Romeral, is currently at the FEED stage.
Current stock price: 4.30 pence, down 4.4% on Monday
12-month change: up 62%
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