Orrön Energy is uniquely positioned for growth
Orrön Energy (Nasdaq Stockholm “ORRON”) is a pure play renewable energy company with cash-flowing wind power assets in the Nordics and a 40 GW pipeline of greenfield opportunities in onshore wind solar and battery projects in the Nordics, the UK, Germany and France. The Company has a strong financial capacity to fund further growth, and is aiming to create long-term shareholder value by having an opportunistic approach to value creation.
The demand for renewable energy in Europe is expected to grow significantly in the coming years, and massive investments will be needed to accelerate decarbonisation across societies and industries. Orrön Energy is in a unique position to grow and take advantage of opportunities created by the energy transition, with strong financial backing and activity in all stages of the renewables lifecycle; from early-stage developments to the operational phase and repowering. The Company has a strong focus on value creation and is constantly evaluating options to support long-term value for shareholders, with a strong focus on project returns.
The Company is maturing a 40 GW pipeline of greenfield projects, for which the Company will be opportunistic and seek to monetise projects at key milestones depending on market conditions at the time. For the largest projects, the strategy will be to divest prior to incurring significant development and construction costs. In addition, the Company is constantly working on optimising and organically grow its operational portfolio in the Nordics, by value accretive acquisitions, projects aimed at extending asset lifetimes and by taking part in the ancillary and frequency markets.
Orrön Energy is part of the entrepreneurial Lundin Group of Companies, and has a management team and Board with a proven track record of investing into, leading and growing highly successful companies of scale.
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For more information please contact
Robert Eriksson, Corporate Affairs and Investor Relations
Tel: +46 701 11 26 15
robert.eriksson@orron.com