Magnon Green Energy Reports Lower Profit and EBITDA in Challenging Nine-Month Period

Spanish biomass power producer Magnon Green Energy has disclosed its financial performance for the first nine months of 2023, reporting a year-on-year drop in net profit and earnings before interest, taxes, depreciation, and amortization (EBITDA). The company, a subsidiary of Spanish pulp producer and energy group Ence - Energia y Celulosa SA (BME:ENC), faced a