Piotr Dzieciolowski's questions to OEZVY leadership • Q1 2024
Question
Asked for clarification on CapEx for the new renewables segment and expected capacity commissioning, and also questioned the company's view on post-2024 consensus estimates and the conditions under which it would issue a market warning.
Answer
The company plans to spend approximately €1.8 billion in renewables growth CapEx from 2024-2026, primarily in Spain. The previous market warning was an exceptional case due to an unprecedented and rapid drop in power prices; they do not currently see a similar dramatic divergence from consensus developing.