Etrion

Last updated
Etrion Corporation
Type Publicly traded
Nasdaq Stockholm:  ETX, TSX: ETX
Industry Renewable Energy
Founded2008
Headquarters Miami, Florida, United States
Key people
Ashley Heppenstall (Chairman), Marco A. Northland (Chief Executive Officer and Director), Christian Lacueva (Chief Financial Officer), Ian H. Lundin (Director), Aksel Azrac (Director),Garrett Soden (Director)
Revenue US $49.6 million (2014)
Total assets US $668.1 million (2014)
Total equity US $32.9 million (2014)
WebsiteEtrion

Etrion Corporation is an independent power producer ("IPP") that develops, builds, owns and operates utility-scale solar power generation plants.

The Company owns 114 megawatts (MW) of installed solar capacity in Chile and Japan. Etrion has 57 MW of solar projects under construction in Japan and is also actively developing additional greenfield solar power projects in Japan. Etrion has been active in Japan since 2012.

Etrion is listed on the Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden [1] under the ticker symbol "ETX". The Company is based in Miami, Florida, USA and has offices in Geneva, Switzerland and Tokyo, Japan.

Etrion's major shareholders are the Lundin family (24.3%) and other directors and management (6.7%).

Throughout 2021, the company sold its assets [2] and then in September delisted from the Toronto Stock Exchange. [3]

Related Research Articles

The Nasdaq Stock Market is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. According to a Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or retirement accounts.

<span class="mw-page-title-main">Nasdaq Nordic</span> Swedish-based subsidiary of Nasdaq, Inc.

Nasdaq Nordic is the common name for the subsidiaries of Nasdaq, Inc. that provide financial services and operate marketplaces for securities in the Nordic and Baltic regions of Europe.

<span class="mw-page-title-main">Nasdaq-100</span> Stock market index

The Nasdaq-100 (^NDX) is a stock market index made up of 101 equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the NASDAQ Financial-100.

Ørsted A/S is a Danish multinational energy company. Headquartered in Fredericia, Denmark, Ørsted is the largest energy company in Denmark. The company adopted its current name on 6 November 2017. It was previously known as DONG.

<span class="mw-page-title-main">Nasdaq, Inc.</span> American multinational financial services corporation

Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange, the Philadelphia Stock Exchange, and the Boston Stock Exchange, and seven European stock exchanges: Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, and Nasdaq Vilnius. It is headquartered in New York City, and its president and chief executive officer is Adena Friedman.

<span class="mw-page-title-main">Così (restaurant)</span> American fast-casual restaurant chain

Così, based in Boston, Massachusetts, is an American fast-casual restaurant chain that is known for its homemade flatbread. The name comes from the opera Così fan tutte, which was a favorite of the original owner. As of November 2020, the company operated 20 locations in New York, Washington D.C., Virginia, Pennsylvania, Massachusetts, Connecticut, Illinois, Indiana, and Ohio, down from 66 at the beginning of the year. The chain filed for Chapter 11 bankruptcy in February 2020.

Noble Energy, Inc. was a company engaged in hydrocarbon exploration headquartered in Houston, Texas. In October 2020, the company was acquired by Chevron Corporation.

<span class="mw-page-title-main">Solar Millennium</span>

Solar Millennium was a German company globally active in the renewable energy sector founded in 1998 in Erlangen, Germany, which is specialized in the designing and implementation of solar thermal power plants. The main activities are site selection, project development, planning, design and construction of parabolic trough power plants.

<span class="mw-page-title-main">Gazit-Globe</span> Global real estate company

Gazit Globe is a leading global real estate company focused on the ownership, development, and management of income-producing properties for mixed use including retail, office and residential located in densely populated urban cities.

Northland Power is a power producer founded in 1987, and publicly traded since 1997. Northland develops, builds, owns and operates clean and green power infrastructure assets in Asia, Europe, Latin America, North America and other selected global jurisdictions that produce electricity from clean-burning natural gas and renewable resources such as wind and solar technology.

Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

<span class="mw-page-title-main">Ormat Technologies</span>

Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and installed over 3,200 MW. As of January 2021 it owns and operates 933 MW of geothermal and recovered energy based power plants. Ormat has supplied over 1000 turbochargers worldwide: North America, South America, Europe, Australia, and Asia. The company's products also include turbines, generators, and heat exchangers.

<span class="mw-page-title-main">NTPC Limited</span> Central Public Sector Undertaking

NTPC Limited, formerly known as National Thermal Power Corporation, is an Indian central Public Sector Undertaking under the ownership of the Ministry of Power, Government of India which is engaged in generation of electricity and allied activities. The headquarters of the PSU are situated at New Delhi. NTPC's core function is the generation and distribution of electricity to State Electricity Boards in India. The body also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management, and operation and management of power plants.

Canadian Solar Inc. is a publicly traded company that manufactures solar PV modules and runs large scale solar projects.

<span class="mw-page-title-main">WisdomTree Investments</span> U.S. ETF and ETP asset manager company

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

<span class="mw-page-title-main">Energix Renewable Energies</span>

Energix Renewable Energies Ltd. is a power producer specializing in renewable energy, currently active mainly in the field of Photovoltaics and Wind power. Energix is a public company traded in the Tel Aviv Stock Exchange since May 2011.

Long Blockchain Corp. is an American corporation based in Farmingdale, Long Island, New York. Its wholly owned subsidiary Long Island Brand Beverages, LLC produces ready-to-drink iced tea and lemonade under the "Long Island" brand. The company's first product was made available in 2011.

Enefit Green AS is a publicly traded renewable energy company located in Tallinn, Estonia. It went public on Nasdaq Tallinn in October 2021 with 23 % of shares, the rest being owned by the state-owned energy company Eesti Energia. CEO of the company is Aavo Kärmas.

<span class="mw-page-title-main">Adani Green Energy</span> Indian renewable energy company

Adani Green Energy Limited (AGEL) is an Indian renewable energy company headquartered in Ahmedabad, Gujarat. It is owned by Indian conglomerate Adani Group. The company operates Kamuthi Solar Power Project, one of the largest solar photovoltaic plants in the world.

References

  1. Green Equity Designation Nasdaq
  2. "Etrion Announces Return of Capital Following Sale of Assets" (Press release). GlobeNewswire. August 5, 2021.
  3. "Etrion has applied for delisting of its shares from TSX and intends to apply for delisting of its shares from Nasdaq Stockholm" (Press release). GlobeNewswire. September 1, 2021.