Cenergy Holdings: Higher order backlog in 2026 – Aiming to secure US project

Cenergy Holdings expects its bid backlog to summation successful 2026, focusing connected precocious value-added planetary vigor projects, with peculiar accent connected the U.S. market. The institution is leveraging its caller cablegram manufacturing works successful the United States, scheduled to statesman operations successful the 2nd fractional of 2027, arsenic well arsenic the precocious acquired tube accumulation installation successful England, which is expected to go afloat operational successful aboriginal 2027.

As Alexandros Benos, CFO of Cenergy Holdings, noted “during 2026, the group’s bid backlog is expected to summation importantly owed to caller projects presently successful the awarding phase. In 2025, the backlog had reached 3.4 cardinal euros.”

He besides presented the company’s estimation for adjusted EBITDA successful 2026 astatine betwixt 370-400 cardinal euros.

Benos highlighted that substantial investments were made successful the group’s accumulation facilities during the erstwhile year, totaling 263 cardinal euros, the bulk of which were directed toward the cables sector. Most of these investments were completed successful 2025, while the remainder are expected to beryllium finalized during the archetypal fractional of 2026, having already strengthened Cenergy Holdings’ accumulation capacity.

U.S. and UK expansion

At the aforesaid time, helium stressed that the concern successful the caller U.S. cablegram works is progressing according to schedule. The installation is expected to further grow the group’s concern footprint and semipermanent maturation potential, aiming exclusively to service the American market, where request for vigor grid upgrade projects remains peculiarly strong.

According to Benos, “our extremity is for Cenergy Holdings to unafraid its archetypal statement successful the American marketplace during 2026.”

The group’s accumulation capableness will besides beryllium enhanced by the SAW tube manufacturing unit acquired by Cenergy Holdings successful March 2026, targeting the needs of projects some successful the UK and crossed the Atlantic.

The acquisition is regarded arsenic a strategic determination and a important milestone successful the semipermanent maturation program of the steel pipes division, expanding accumulation capableness and strengthening the company’s presumption arsenic a cardinal supplier successful the planetary vigor market.

By the extremity of 2026, the radical expects to find much precisely the show publication of the recently acquired UK facility, erstwhile the indispensable attraction works are completed, up of its full-scale operational motorboat successful aboriginal 2027.

It is worth noting that the marketplace responded positively to the investment.