Orrön Energy AB (publ) (ORRON) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to Oron Energy's webcast for Q3 results. Joining me today, we have our CEO, Daniel Fitzgerald, and CFO Espen Henne, who will run through the report and latest developments in Oron Energy. We will finish with a Q&A at the end of the presentation, so feel free to send across as many questions as you have, and we will collect and go through them at the end. And with that, I would like to hand over to Daniel. Thank you, Jenny. And welcome to our Q3 results presentation, where I'll be joined by Espen to run through the financials after we give an update of how we've performed during the quarter and where we are pointing as a company. And I think we've largely delivered in line with our strategy during the quarter. We have seen further headwinds on the production side, both with volumes and pricing, but pleased to share that we do have our first project sales in the Greenfield portfolio. We're on track with a range of those developments. And as we look forward into the markets into next year, we start to see increasing futures pricing and increasing performance across the assets, which should lead to higher revenues and higher cash flow for the business as we move forward into Q4. and into next year. As a quick recap, Orin Energy is the renewable vehicle within the Lundin group of companies and the Lundin family being a very long-term value-focused shareholder, still standing behind the strategy and supporting our growth in this sector. We have 380 megawatts of operating capacity. And in a normal year, that should generate around 1,000 gigawatt hours of production. And that gives us a long-term recurring cash flow into the company. asset base and some of our greenfield projects we have the opportunity to add organic growth we can extend lifetime...