20/03/2024 - 11:53

Altech eyes €51m annual profit from German battery project

20/03/2024 - 11:53


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Altech Batteries has revealed a compelling set of numbers for its planned Cerenergy battery project in Germany, with its DFS forecasting a NPV of €169 million and annual revenue of €106 million generating EBITDA earnings of a juicy €51million per annum. The company says capital cost estimates of €156 million and a steady-state payback period of 3.7 years add to the project’s appeal.

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