Business

Report for the three months ended 31 March 2025

Highlights Power generation amounted to 251 GWh for the first quarter 2025, being at the lower end of the outlook range, mainly as a result of weather impact and production curtailments related to the provision of ancillary services, for which the Company receives compensation.Reached the ready-to-permit milestone and launched a sales process for a 98 MW solar project in Germany.Reached the ready-to-permit milestone on a second solar and battery project in the UK, bringing the total volume of re

articleOrron Energy AbMay 6, 20257/company/orron-energy-ab/news/report-for-the-three-months-ended-31-march-2025
Report for the three months ended 31 March 2025

About this update from Orron Energy Ab

[{"type":"image","alt":"Orrön Energy AB","displaySize":"","headline":null,"caption":"Orrön Energy AB","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":161,"url":"https://media.zenfs.com/en/globenewswire.com/22cfbc1bf2bf1452fe4ad0c192fd2403"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/x5c2uwXoNiDGZaTU4BUPTw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyNTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/22cfbc1bf2bf1452fe4ad0c192fd2403","width":300,"height":161}},"lazy":false},{"type":"text","content":"","length":0,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Power generation amounted to 251 GWh for the first quarter 2025, being at the lower end of the outlook range, mainly as a result of weather impact and production curtailments related to the provision of ancillary services, for which the Company receives compensation.","length":267,"tagName":"p"}]},{"val":[{"type":"text","content":"Reached the ready-to-permit milestone and launched a sales process for a 98 MW solar project in Germany.","length":104,"tagName":"p"}]},{"val":[{"type":"text","content":"Reached the ready-to-permit milestone on a second solar and battery project in the UK, bringing the total volume of ready-to-permit projects to 2.5 GW, with the sales process awaiting the conclusion of the ongoing grid connections reform.","length":238,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":609,"olType":false},{"type":"text","content":"Consolidated financials ","length":23,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Cash flows from operating activities amounted to MEUR 0.6.","length":58,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":58,"olType":false},{"type":"text","content":"Proportionate financials ","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Achieved electricity price amounted to EUR 40 per MWh, which resulted in a proportionate EBITDA of MEUR 0.4.","length":108,"tagName":"p"}]},{"val":[{"type":"text","content":"Proportionate net debt of MEUR 68.6, with significant liquidity headroom available through the MEUR 170 revolving credit facility.","length":130,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":238,"olType":false},{"type":"text","content":...

More updates from Orron Energy Ab

electricity pricesales processancillary servicesMEURProportionatePower generationOrrön Energyfinancial resultsUKconsolidated financial reporting