Orrön Energy AB (publ) (ORRON) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi everyone and welcome to Orin Energy's webcast for Q1 2025. Today we will listen to our CEO, Daniel Fitzgerald, and our CFO, Espen Henne, presenting the Q1 results and giving an update on the developments in Oron Energy. We will have a Q&A session at the end of the presentation, so please feel free to send your questions across. We will collect and go through them at the end. And with that, I would like to hand over to Daniel to start off this presentation. Thank you, Jenny. Good afternoon and welcome to our Q1 results for 2025. Just before we dive into the results, a quick recap on Oron Energy. We are a pure play renewable energy company, and we have around 380 megawatts worth of producing assets, which are wind assets, where 80% of them are in Sweden and 20% in Finland. And that gives us a really good platform for long term asset life and long term cash generation and organic growth out of that platform is something we're really focusing on extending life times of assets, expanding the opportunities to produce energy from those sites is something we're really looking for across both the producing asset base and the greenfield platform. We have a large scale greenfield pipeline of projects, primarily in the UK, Germany, and in the Nordics. And we'll touch on that a little bit through this presentation where we're starting to see the monetization of those projects. And we expect to start seeing some revenues through the course of 2025 from that portfolio. And finally, the company remains in a robust position financially with over 100 million euros worth of liquidity headroom. So when we look at the quarter, I think we're delivering against our strategy. There's been some really strong performance across all of the business units and business areas, and the company'...