Solis Bond Company reports strong H1 2025 results with revenue and profit growth

Solis Bond Company DAC achieved robust operational and financial results in the first half of 2025, with energy production increasing by 6% year-over-year to 27,196 MWh. Total revenues rose by 12% to €5,984 thousand, primarily driven by a 21% surge in green certificate revenues to €3,942 thousand, reflecting stronger market demand and improved pricing. Energy sales remained stable at €2,042 thousand.

Operating expenses decreased by 11% to €1,831 thousand, largely due to a 39% reduction in Operations & Maintenance costs and a 48% decrease in Consulting & Commissions. Despite a 16% increase in security expenses and a 79% rise in miscellaneous tax expenses, the overall cost control contributed to a gross profit of €4,973 thousand. The company's EBITDA improved significantly to €4,329 thousand, up from €3,067 thousand in H1 2024.

The asset value was boosted by a 30.7% increase in the stock of untraded green certificates, reaching 309,261 units. This represents future secured revenue potential. Solis Bond Company reported a profit for the financial period of €1,894 thousand, a substantial improvement from a loss of €492 thousand in the prior year. The company also has forecasted interest payments of €1.5-1.6 million, with additional revenue of €0.25-0.75 million available for transfer each quarter.