The Spanish company for the commercialization of renewable electricity Holaluz since June grew 61% in the management of photovoltaic installations , reaching the figure of 3,033 total installations as of September 30. Likewise, it added 17,193 clients in the third quarter, reaching a total of 272,727. This represents an increase of 65% compared to the same period in 2019 and 7% compared to the previous quarter.
At the end of the second quarter, the company posted consolidated sales of 171 million euros, which represents an increase of 11% compared to the same period of the previous year, when it obtained a turnover of 152.2 million euros. Despite the impact of Covid, the EBITDA (profit before interest, taxes, depreciation and amortization) stood at 0.3 million euros, 70% less than that obtained between the months of October and June 2019. On the other hand, the Gross margin of the company reached 17.71 million euros, assuming an increase of 52% in relation to the previous year.
According to the classification of Sustainalytics, the world's leading ESG research and ratings agency, Holaluz reached the number 1 position in the ranking of electricity companies, due to its determination to carry out an energy transition. For all these reasons, the energy marketer is among the 2% of the companies with the best valuation within the agency Sustainalytics. Their strong financial position, their commitment to distributed generation through the well-known 'Revolution of the Roofs' and the first position in the ESG ranking, allow them to follow the goal set for 2023: one million customers and 50,000 photovoltaic installations.