Orrön Energy AB (publ) (ORRON) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to our Q1 results presentation. Today we will listen to our CEO, Daniel Fitzgerald and CFO Espen Henne, describing the Q1 results and the future growth strategy of the company. As usual, we will have a Q&A session at the end of the presentation, so please feel free to send across as many questions as you have. We will collect and go through them at the end. And with that, I would like to hand over to Daniel Fitzgerald to start this presentation. Thank you, Jenny, and welcome to our shareholders joining us for the first quarter 2026 results. As a quick recap for the company, Oron Energy is a pure play renewable energy company. We have 380 megawatts of producing assets with 80% of those sitting in Sweden, 20% in Finland, and all of that portfolio is onshore wind. happily sharing today that we've seen higher pricing in Q1 of this year, and that's led to some of the strongest cash flows we've seen for a number of quarters within the company, and we'll touch on that throughout the presentation. These assets deliver long-term cash flows and give us the ability to go and extend lives, add value, hybridize assets, and utilize the infrastructure that we have in the most valuable way for creating value in the long term. The second pillar of the company sits around the greenfield development business. And I'm pleased to share that, again, this quarter we've seen strong results from that. We're seeing the recurring cash flows coming out of that portion of the business with quite high and strong margins. And we will continue to see that coming through as we mature the pipeline. And it's in really, really strong shape with a lot of optionality and opportunity within that portfolio. And finally, the third pillar, which has always been a strength for us, i...