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Italian renewable-energy company that develops and operates wind and solar power plants.
Italian renewable-energy company that develops and operates wind and solar power plants.
Sells electricity generated by its wind and solar plants, partly at government incentive prices or fixed contracts and partly at market prices, so revenue depends on wind and sun and on power prices. At its smaller scale, an outage at one plant or a permitting delay matters more.
In one line: An Italian smaller renewable-energy independent power producer like Clearway Energy.
Moat: narrow (installed base, regulatory licence). Established renewable generation portfolio in Italy, but a smaller player exposed to power-price and permitting risk.
Headquarters: Milan, Italy · Founded: 1997 · Employees: 214
Size Alerion Clean Power (ARN.MI) is an Italy Utilities company (Alternative Power Generation) with a market value of $1.11B, the 82nd largest of 123 Italy companies the cockpit tracks. Shares closed at €18.38 on 6 Nov 2026.
Performance Over six months the shares fell 34.6%, against -29.4% for the median peer and +3.1% for the Italy market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 12.6% over the last twelve months (peer median +12.0%); the operating margin is 51.5% (peer median 19.6%).
Valuation It trades at 16.4× forward earnings against a peer median of 14.0× (8th most expensive of 19).
Capital Return on invested capital runs 1.7 points above its cost of capital (5.4% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €234M | €228M | €223M | €164M | €263M |
| Revenue growth | — | +2% | +36% | -38% | — |
| EBITDA | €174M | €171M | €166M | €111M | €215M |
| Net income | €94.1M | €93.3M | €95.8M | €66.8M | €71.0M |
| Free cash flow | -€182M | -€103M | -€46.0M | €18.7M | €129M |
| Capital expenditure | €255M | €200M | €99.8M | €83.1M | €90.1M |
| Total debt | n/a | €1.02B | €928M | €875M | €685M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Alerion Clean Power ARN.MI | $1.11B | -35% | +13% | 51% | 16.4× | n/a |
| ERG ERG.MI | $3.77B | -3% | +5% | 28% | 19.4× | 10.0% |
| Iberdrola IBE.MC | $168B | +16% | +1% | 21% | 21.9× | 11.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ARN.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.3% | -9.5% | highest of 21 |
| 6-month return | -34.6% | -29.4% | 7th lowest of 20 |
| Distance from 52-week high | -37.5% | -43.8% | 9th highest of 21 |
| Revenue growth (TTM) | +12.6% | +12.0% | 11th highest of 21 |
| Operating margin | 51.5% | 19.6% | 4th highest of 21 |
| Forward P/E | 16.4× | 14.0× | 8th most expensive of 19 |
| ROIC minus cost of capital | +1.7 pp | -0.8 pp | 6th highest of 21 |
| EV / EBITDA | 10.5× | 17.0× | 5th cheapest of 12 |
| Net debt / EBITDA | 4.7× | 5.2× | 7th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Alerion Clean Power ARN.MI | Italy | $1.11B | -35% | +13% | 51% | 16.4× | n/a | n/a |
| Cox Infrastructure COXG.MC | Spain | $1.05B | -12% | +72% | 9% | 10.1× | n/a | n/a |
| SK Eternix 475150.KS | South Korea | $949M | -35% | +39% | 9% | 40.0× | n/a | n/a |
| XPLR Infrastructure, LP XIFR | United States | $1.38B | -38% | -1% | 3% | 3.0× | n/a | n/a |
| Xinyi Energy 3868.HK | Hong Kong | $863M | -38% | +2% | 54% | 8.1× | -2.6% | +9.1% |
| Scatec SCATC.OL | Norway | $1.50B | -16% | +16% | 29% | n/a | n/a | n/a |
| Waaree Renewable Technologies WAAREERTL.NS | India | $810M | -30% | +78% | 17% | 12.2× | 24.1% | +203.3% |
| Juniper Green Energy JNPR.NS | India | $1.54B | n/a | +1,313% | 52% | 100.5× | n/a | n/a |
| Clean Max Enviro Energy Solutions CLEANMAX.NS | India | $1.57B | +8% | +28% | 44% | 107.0× | n/a | n/a |
| Nyocor 600821.SS | China | $1.63B | -29% | -12% | 12% | 40.5× | 6.8% | +20.6% |
| Jiaze Renewables 601619.SS | China | $1.65B | -34% | -5% | 43% | 15.0× | 0.2% | +19.7% |
| Luenmei Quantum 600167.SS | China | $1.76B | -21% | -11% | 15% | 19.4× | -8.9% | -2.1% |
| Shanghai Nenghui Technology 301046.SZ | China | $680M | +8% | -49% | -13% | 2,690.0× | n/a | n/a |
| Grandtop Yongxing 601033.SS | China | $1.83B | -2% | +6% | 26% | 14.0× | -5.1% | +18.4% |
| Aker Solutions AKSO.OL | Norway | $1.89B | -17% | -9% | 5% | 5.8× | -14.7% | +16.9% |
| Century Wind Power 2072.TW | Taiwan | $618M | -41% | +62% | 22% | 5.7× | -17.2% | +41.9% |
| Guangdong Chant 002616.SZ | China | $617M | -21% | -3% | 7% | 14.1× | -4.3% | +3.8% |
| KPI Green Energy KPIGREEN.NS | India | $615M | -40% | +40% | 30% | 12.0× | n/a | n/a |
| Zhejiang Sunoren Solar Technology 603105.SS | China | $608M | -17% | +8% | 23% | 19.3× | 3.7% | +11.6% |
| Inox Green Energy Services INOXGREEN.NS | India | $537M | -37% | +16% | 2% | n/a | n/a | n/a |
| Solaria Energia y Medio Ambiente SLR.MC | Spain | $2.40B | -33% | +26% | 92% | 11.2× | n/a | n/a |