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BRIEF-Neoen CEO Cautious Of COVID-19 Sector Impact - Conf Call

Published 24/09/2020, 01:53 am
NEOEN
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Sept 23 (Reuters) - Neoen SA NEOEN.PA :

* 3.6 GW OF CAPACITY IN OPERATION OR UNDER CONSTRUCTION AT END-JUNE, VERSUS 3.0 GW AT END-2019

* 216 MW OF NEW PROJECTS AWARDED IN FIRST SIX MONTHS OF YEAR

* OUTLOOK IMPACTED BY COVID-19 DELAYS, SUN CONDITIONS IN AUSTRALIA AND WIND CONDITIONS IN EUROPE IN Q3

* AFTER DISRUPTIONS IN SUPPLY CHAINS, CONSTRUCTION WE REMAIN CAUTIOUS OF IMPACT OF COVID-19 ON RENEWABLE SECTOR - CEO IN CONF CALL

* ON GOVERNMENT STIMULUS PLANS: WE WELCOME THESE FAVOURABLY, WITH CAUTION - CEO IN CONF CALL

* ON GOVERNMENT STIMULUS PLANS: WE AREN'T LOOKING TO DEPEND ON SUBSIDIES, PUBLIC POLICY - CEO IN CONF CALL

* ON GOVERNMENT STIMULUS PLANS: WE WANT TO BE AS LEAST DEPENDANT AS POSSIBLE ON PUBLIC POLICIES - CEO IN CONF CALL

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