Previous close | 1.0500 |
Open | 1.0500 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 1.0500 - 1.0500 |
52-week range | 0.6800 - 49.0000 |
Volume | |
Avg. volume | 4,471 |
Market cap | 300.221M |
Beta (5Y monthly) | 1.64 |
PE ratio (TTM) | 9.55 |
EPS (TTM) | 0.1100 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 04 Jan 2023 |
1y target est | N/A |
Highlights All main components have been delivered and turbine installation work has commenced at the Karskruv project, which is set to increase the annual power generation from 800 GWh to 1,100 GWh from 2024 onwardsSuccessfully established an organic growth platform across the Nordics and Europe, laying the foundation for growth in onshore wind, solar and battery storage solutionsFurther expanded the business in Finland with an experienced partner, adding a strong network and access to several
Orrön Energy AB (“Orrön Energy”) will publish its financial report for the first quarter 2023 on Tuesday, 16 May 2023 at 07:30 CEST, followed by a webcast at 14.00 CEST. Listen to Daniel Fitzgerald, CEO and Espen Hennie, CFO commenting on the report and describing the latest developments in Orrön Energy at a webcast on the 16 May 2023 at 14:00 CEST followed by a question-and-answer session. Registration for the webcast presentation is available on the website and the below link: https://us06web.
The Annual General Meeting of Shareholders (the “AGM”) of Orrön Energy AB (“Orrön Energy” or the "Company") was held today, 4 May 2023, in Stockholm. The Company's and the Group's income statements and balance sheets for the financial year 2022, were adopted and the members of the Board of Directors and the Chief Executive Officers were discharged from liability for the financial year 2022. The AGM resolved that no dividends should be paid for the financial year 2022 and that the distributable r
Orrön Energy AB (“Orrön Energy” or the “Company”) has published the report on payments made to governments by Orrön Energy and its subsidiaries during the year 2022. The report gives an overview of payments to governments made by Orrön Energy and its subsidiaries during the year 2022. The report is available to download on Orrön Energy's website, www.orron.com. For further information, please contact: Robert ErikssonDirector Corporate Affairs and Investor RelationsTel: +46 701 11 26 15robert.eri
Orrön Energy AB (“Orrön Energy” or the “Company”) is pleased to announce the publication of the Annual and Sustainability Report for 2022 and encourage shareholders to read or download the report on Orrön Energy’s website, www.orron.com. For shareholders who would like to receive a printed copy of the Annual and Sustainability Report 2022, this can be specifically requested on Orrön Energy’s website or by telephone on +46 8 440 54 50. For further information, please contact: Robert ErikssonDirec
The shareholders of Orrön Energy AB (publ), 556610-8055 (the “Company”), are hereby given notice of the Annual General Meeting to be held on 4 May 2023 at 13.00 (CEST) at Södra Teatern, Mosebacke Torg 1-3, in Stockholm. The entrance to the meeting will open at noon (CEST). Shareholders may choose to exercise their voting rights at the Annual General Meeting by attending in person, through a proxy or by postal voting. Vote at the Annual General MeetingThose who wish to exercise their voting right
Orrön Energy AB (“Orrön Energy” or the “Company”) is pleased to announce an expansion into the UK, with secured grid connections for early-stage renewable energy projects. Orrön Energy announced earlier this year that it had expanded its geographical footprint to include France and Germany and is now announcing the addition of early-stage project origination and development in the UK to its European portfolio. The Company has secured grid connections in the UK which enables the initiation of ear
Highlights Built a portfolio of operating assets through seven acquisitions, transforming the Company’s business in Sweden and increasing annual power generation by over 500 GWh to a total of 800 GWh by year end 2022Established an experienced organisation and organic growth platform in Sweden with the knowledge, network and competence to operate and optimise the asset base, continue growing through acquisition and extend asset lifetimes through repowering, life extension and expansion projectsTh
Orrön Energy AB (“Orrön Energy”) will publish its financial report for the fourth quarter and full year 2022 on Wednesday 15 February 2023 at 07:30 CET, followed by a Capital Markets Day presentation at 14:00 CET. Listen to Daniel Fitzgerald, CEO and Espen Hennie, CFO commenting on the report and presenting the latest developments in Orrön Energy and its future growth strategy, together with members of Orrön Energy’s management team, at a webcast held on 15 February 2023 at 14:00 CET. The presen
Highlights Orrön Energy’s first quarter as a pure play renewables company delivered strong financial results with cash flow from operating activities of MUSD 5.4, and net cash of MUSD 10.8 at the end of the periodProportionate1 power generation amounted to 83 GWh for the third quarter 2022 at an average achieved price of EUR 177 per MWh including Slitevind AB’s (publ) (“Slitevind”) production from 1 September 2022, resulting in a proportionate EBITDA of MUSD 10.8With the addition of Slitevind fr
Orrön Energy AB (“Orrön Energy”) will publish its financial report for the third quarter 2022 on Friday, 25 November 2022 at 07:30 CET, followed by a webcast at 14.00 CET. Listen to Daniel Fitzgerald, CEO and Espen Hennie, CFO commenting on the report and describing the latest developments in Orrön Energy at a webcast on the 25 November 2022 at 14:00 CET followed by a question-and-answer session. Registration for the webcast presentation is available on the website and the below link: https://us
Orrön Energy AB (“Orrön Energy”) is pleased to announce the composition of the Nomination Committee for the 2023 Annual General Meeting (“AGM”) to be held on 4 May 2023 in Stockholm. The Nomination Committee has been formed with the following members: Ian H. Lundin (Nemesia S.à.r.l.)Oskar Börjesson (Livförsäkringsbolaget Skandia, ömsesidigt)Mikael A. Pettersson (Dita Invest Holding AB)Grace Reksten Skaugen, Chair of the Board of Directors of Orrön Energy At the Nomination Committee's first meeti
Orrön Energy AB (“Orrön Energy” or “the Company”) is pleased to announce the completion of previously announced acquisitions, adding approximately 30 GWh of net annual production in price area SE3 in Sweden. The acquisition agreements were entered into and announced by Slitevind AB1 (“Slitevind”) in June 2022 and consist of an additional 27 percent interest in the 36 MW wind farm Näsudden Väst, and an additional 10 percent interest in the 27 MW wind farm Stugyl. The total consideration for both
THIS PRESS RELEASE IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED. SHAREHOLDERS SHOULD REFER TO THE OFFER RESTRICTIONS INCLUDED IN THE SECTION TITLED “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE AND IN THE OFFER DOCUMENT. On 1 August 2022, Orrön Energy Holding AB
THIS PRESS RELEASE IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED. SHAREHOLDERS NOT RESIDENT IN SWEDEN WHO WISH TO ACCEPT THE OFFER MUST MAKE INQUIRIES CONCERNING APPLICABLE LEGISLATION AND POSSIBLE TAX CONSEQUENCES. SHAREHOLDERS SHOULD REFER TO THE OFFER RESTRICTIONS INCLUD
THIS PRESS RELEASE IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED. SHAREHOLDERS NOT RESIDENT IN SWEDEN WHO WISH TO ACCEPT THE OFFER MUST MAKE INQUIRIES CONCERNING APPLICABLE LEGISLATION AND POSSIBLE TAX CONSEQUENCES. SHAREHOLDERS SHOULD REFER TO THE OFFER RESTRICTIONS INCLUD
Highlights USD 12.9 billion gain recorded to income statement resulting from the lex asea distribution related to the Aker BP transactionOrrön Energy transformed into a pure play renewables company following completion of the combination of the legacy E&P business with Aker BP on 30 June 2022, and changed ticker at Nasdaq Stockholm to “ORRON” in JulyNet power generation amounted to 83 GWh for the reporting period, at an achieved average power price of EUR 127 per MWhThe Company had a strong cash
THIS PRESS RELEASE IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN [AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED. SHAREHOLDERS NOT RESIDENT IN SWEDEN WHO WISH TO ACCEPT THE OFFER (AS DEFINED BELOW) MUST MAKE INQUIRIES CONCERNING APPLICABLE LEGISLATION AND POSSIBLE TAX CONSEQUENCES. SHAREHOLDERS SHOULD REFER TO THE OFFER
THIS PRESS RELEASE IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED. SHAREHOLDERS NOT RESIDENT IN SWEDEN WHO WISH TO ACCEPT THE OFFER (AS DEFINED BELOW) MUST MAKE INQUIRIES CONCERNING APPLICABLE LEGISLATION AND POSSIBLE TAX CONSEQUENCES. SHAREHOLDERS SHOULD REFER TO THE OFFER
Orrön Energy AB (“Orrön Energy” or the “Company”) regrets to announce the death of former member of the Board of Directors, Mr. Lukas H. Lundin, in Geneva, Switzerland on 26 July 2022 at the age of 64, following a two-year battle with brain cancer. Over the past 40 years, Lukas Lundin was the driving force behind the tremendous success of The Lundin Group of Companies, including Lundin Energy that recently transformed into Orrön Energy. Lukas started his career in the international energy and mi
Lundin Energy AB (“Lundin Energy”) is pleased to announce it is changing its name to Orrön Energy AB (“Orrön Energy” or the “Company”) and is now a pure play renewables business. From today, Orrön Energy will be a pure play renewables business, with a strong portfolio of high quality and low-cost assets in the Nordics and becomes the new renewables growth company within the Lundin Group of Companies. With cash flowing assets, no debt and financial capacity of up to MUSD 180 for acquisitions, Orr
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Lundin Energy AB (“Lundin Energy” or “the Company”) is pleased to announce the completion of the combination (the “Combination”) of Lundin Energy’s E&P bus
Lundin Energy AB (“Lundin Energy”) announces an update to the guidance for its renewables business, expected to trade under the new name, Orrön Energy AB (“Orrön Energy”), from 1 July 2022. Updated guidance on capital expenditure Capital expenditure guidance for the second half of 2022 is updated to approximately MUSD 10 from MUSD 20 as previously announced, due to phasing of project activities at the Karskruv wind farm from the third quarter to the second quarter of 2022. Total future capital c
Lundin Energy AB (“Lundin Energy”) would like to remind shareholders that 23 June 2022 is the ex-dividend date in relation to the transaction with Aker BP. Therefore, 22 June 2022 is the last day of trading in Lundin Energy’s shares on Nasdaq Stockholm, with the right to receive the Lex Asea dividend and the merger consideration in relation to the combination between Lundin Energy’s E&P business and Aker BP, as previously announced on 15 June 2022. More information around the Lex Asea dividend a
Lundin Energy AB (“Lundin Energy” or “the Company”) is pleased to present guidance for the second half of 2022, where the Company will be renamed to Orrön Energy and contain only the renewables assets of Lundin Energy. A webcast presentation with a question and answer session will be held today at 17.00 CEST to present the guidance and give a corporate overview for Orrön Energy. Company Strategy and Market outlookOrrön Energy will be a pure play renewables company with high quality and low-cost