Orrön Energy is an independent, publicly listed pure play renewables company, with high quality and low-cost renewables assets in the Nordics.

Orrön Energy has a portfolio of high quality and cash flow generating assets in the Nordics, with significant financial capacity to fund further growth and acquisitions. With a major shareholder, management and Board with a proven track record of organic growth, Orrön Energy is in a unique position to create shareholder value through the energy transition.

The initial focus for the business is to continue to invest in renewable energy projects in the Nordics, which has a stable and mature market for renewable energy, followed by a potential expansion in Europe. The long-term vision is to grow into an industry leading energy company, with scale and sufficient cash flow to be able to provide progressive shareholder returns and explore new ideas and solutions to help drive the energy transition.

Read more about our business strategy and financial position here.

Nordic focussed,
expanding in Europe

Significant capacity
for further growth

Net power generation
>1 TWh p.a. 1

1 From late 2023 onwards

A history of value creation

Orrön Energy was born in 2022, but can trace its roots back to Lundin Energy and its predecessor company Lundin Petroleum, formed in the early 2000s.
Over more than 20 years, Lundin Energy delivered on its successful organic growth strategy and created significant value for its shareholders, with a compound annual average return of 28 percent – becoming one of the most admired independent E&P companies with a market leading Decarbonisation Plan. Following this outstanding history of value creation, Lundin Energy’s oil and gas business was acquired by Aker BP in 2022, to create the leading exploration and production company for the future.

As part of the transaction with Aker BP, Orrön Energy was created with the renewables assets from Lundin Energy as a base and became the new renewables vehicle within the Lundin Group of Companies. Orrön Energy has retained key members of Lundin Energy’s Board and management team, with knowledge of the renewables asset base and a proven track record of building companies which have delivered significant value for shareholders over many years.

Shareholder value creation
AkerBP Deal