Creating long-term value through the energy transition
Orrön Energy is a publicly listed renewable energy company (Nasdaq Stockholm: “ORRON”) within the Lundin Group of Companies. Since transforming into a renewable energy company in July 2022, the Company has grown its long-term annual power generation capacity from 300 GWh to 1,000 GWh and established a 40 GW pipeline of greenfield projects across the Nordics, UK, Germany, and France. The Company operates across the entire renewable energy lifecycle, including project initiation, development, operations, maintenance, and repowering.

Orrön Energy’s strategy focuses on two core areas: expanding its cash-generating asset portfolio and developing a large-scale pipeline of projects. The operational portfolio consists of high-quality wind power assets in the Nordics, which the Company seeks to optimise and grow organically to achieve continued growth of power generations and revenues. The greenfield portfolio targets development projects in low-cost technologies such as onshore wind, solar and batteries in the Nordics, the UK, Germany and France. The Company has a dynamic approach to realising value from its portfolio and seeks to explore options to divest projects throughout the value chain, depending on market conditions at the time. For the largest projects, the strategy will be to divest prior to incurring significant construction costs.
With strong financial capacity, a proven management team, and backing from a major shareholder, Orrön Energy is well-positioned to create long-term shareholder value through the energy transition.
Read more about our investment story here.

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.