From GlobeNewswire: 2025-05-06 01:30:00

In the first quarter of 2025, power generation by Orrön Energy was at 251 GWh, impacted by weather and production curtailments. The company reached milestones for solar projects in Germany and the UK, with ready-to-permit projects totaling 2.5 GW. Financially, cash flows from operating activities were MEUR 0.6, with a proportionate EBITDA of MEUR 0.4 and net debt of MEUR 68.6.

Orrön Energy’s CEO, Daniel Fitzgerald, highlighted progress in greenfield projects, sales processes, and ongoing grid connections reform. The company’s proportionate power generation was 251 GWh, with strategies in place to optimize revenues. Financially resilient, Orrön Energy has MEUR 100 liquidity headroom and projects sales to improve results. The company remains focused on building and growing its renewable energy portfolio.

Looking ahead, Orrön Energy aims to continue developing a portfolio of producing assets and greenfield projects. The company sees a positive outlook for renewable energy, supported by policy and demand for low-carbon solutions. European electricity prices are favorable for new renewable projects, positioning Orrön Energy for long-term value delivery. Shareholders can expect updates throughout 2025.

Orrön Energy, an independent renewable energy company, is listed on Nasdaq Stockholm. With a core portfolio in the Nordics and growth opportunities in the UK, Germany, and France, the company is well-positioned for the energy transition. Forward-looking statements in the press release address future performance and growth, emphasizing the company’s commitment to creating shareholder value through sustainable energy solutions.



Read more at GlobeNewswire:: Report for the three months ended 31 March 2025