OTC Markets OTCPK - Delayed Quote • USD Orrön Energy AB (publ) (LNDNF) Follow Compare 0.6100 0.0000 (0.00%) At close: January 17 at 3:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Report for the nine months ended 30 September 2024 Highlights Added 33 GWh of annual proportionate power generation in the SE3 and SE4 price areas through acquisitions and increased ownership in existing windfarms.Power generation amounted to 620 GWh for the reporting period, which was approximately ten percent below expectations, due to lower-than-average wind speeds and voluntary production curtailments during periods of low electricity prices.Continued progress on the Company’s greenfield projects, with additional land secured and the first p Orrön Energy AB’s Nomination Committee Orrön Energy AB (“Orrön Energy”) is pleased to announce the composition of the Nomination Committee for the 2025 Annual General Meeting (“AGM”) to be held on 5 May 2025. The Nomination Committee has been formed with the following members: Aksel Azrac (Nemesia S.à.r.l.)Sussi Kvart (Handelsbanken Fonder AB)Richard Ollerhead (JNE Partners LLP) At the Nomination Committee’s first meeting, Aksel Azrac was elected as Chair of the Nomination Committee. The Nomination Committee shall make recommendation Webcast details for Orrön Energy’s Q3 presentation Orrön Energy AB (“Orrön Energy”) will publish its financial report for the third quarter 2024 on Wednesday, 6 November 2024 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 6 November 2024 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://vimeo Orron Energy AB (STU:LYV) Q2 2024 Earnings Call Highlights: Strategic Asset Sale and Debt ... Orron Energy AB reports a 20% increase in power generation and significant debt reduction, despite challenges from lower electricity prices and weaker wind conditions. Decreased number of shares and votes in Orrön Energy AB As of 30 August 2024, the total number of shares and votes in Orrön Energy AB (publ) amounts to 285,905,187. The number of shares and votes in Orrön Energy has decreased during August following the retirement of 19,427 shares as resolved upon during an extraordinary general meeting on 7 August 2024. For further information, please contact: Robert ErikssonDirector Corporate Affairs and Investor RelationsTel: +46 701 11 26 15robert.eriksson@orron.com Jenny Sandström Communications LeadTel: +41 79 Report for the six months ended 30 June 2024 Highlights Power generation amounted to 456 GWh for the reporting period, representing an increase of more than 20 percent compared to 378 GWh in the same period in the previous year, and was around ten percent below expectations primarily as a result of weak wind speeds in the reporting period.Significantly strengthened balance sheet following the divestment of the Leikanger hydropower plant in April 2024 for MEUR 53, with proportionate net debt reduced to MEUR 46 and significant liquidity head Extraordinary General Meeting of Orrön Energy AB An Extraordinary General Meeting of Shareholders (the “EGM”) of Orrön Energy AB (“Orrön Energy” or the "Company") was held today, Wednesday 7 August 2024, in Stockholm. The EGM resolved, in accordance with the Board of Directors' proposal, to amend the Articles of Association of the Company by adding a provision stipulating that the Board of Directors may decide that a general meeting shall be held digitally; and to retire the 19,427 shares held in treasury by the Company through a reduction of Webcast details for Orrön Energy’s Q2 presentation Orrön Energy AB (“Orrön Energy”) will publish its financial report for the second quarter 2024 on Thursday, 8 August 2024 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 8 August 2024 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://us06w Notice of Extraordinary General Meeting of Orrön Energy AB The shareholders of Orrön Energy AB (publ), 556610-8055 (the “Company”), are hereby given notice of the Extraordinary General Meeting to be held on Wednesday 7 August 2024 at 14.00 (CEST) at IVA Konferenscenter, Grev Turegatan 16, in Stockholm. The entrance to the meeting will open at 13.30 (CEST). Shareholders may choose to exercise their voting rights at the Extraordinary General Meeting by attending in person, through a proxy or by postal voting. Vote at the Extraordinary General MeetingThose Annual General Meeting of Orrön Energy AB The Annual General Meeting of Shareholders (the “AGM”) of Orrön Energy AB (“Orrön Energy” or the "Company") was held today, 15 May 2024, in Stockholm. The Company's and the Group's income statements and balance sheets for the financial year 2023, were adopted and the members of the Board of Directors and the Chief Executive Officers were discharged from liability for the financial year 2023. The AGM resolved that no dividends should be paid for the financial year 2023 and that the distributable Report for the three months ended 31 March 2024 Highlights Power generation in the first quarter amounted to 274 GWh, which is a record high quarterly production for the Company.Sale of the 50 percent interest in the non-core Leikanger hydropower plant in April 2024 for MEUR 53, demonstrating the value of the Company’s underlying asset base and enabling recycling of capital into higher return opportunities.Acquired a greenfield portfolio in January 2024 of up to 180 MW of wind and battery projects in Finland, with land secured for all wind tu Webcast details for Orrön Energy’s Q1 presentation Orrön Energy AB (“Orrön Energy”) will publish its financial report for the first quarter 2024 on Tuesday, 14 May 2024 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 14 May 2024 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.zoo Orrön Energy publishes it’s Annual and Sustainability Report for 2023 Orrön Energy AB (“Orrön Energy”) is pleased to announce the publication of it’s Annual and Sustainability Report for 2023 and encourages 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 2023, this can be requested on Orrön Energy’s website or by telephone on +46 8 440 54 50. For further information, please contact: Robert ErikssonDirector Corporate Affairs and In Orrön Energy sells its 50 percent interest in the Leikanger hydropower plant in Norway for MEUR 53 Orrön Energy AB (“Orrön Energy” or “the Company”) is pleased to announce that it has entered into an agreement to sell its 50 percent interest in the Leikanger hydropower plant for an enterprise value of MNOK 613, approximately MEUR 53, to the existing partner Sognekraft Produksjon AS (“Sognekraft”). This transaction forms part of the Company’s strategy of having an opportunistic approach to value creation, and to take advantage of favourable market conditions as they arise. The sale of the Leik Notice of the Annual General Meeting of Orrön Energy AB The shareholders of Orrön Energy AB (publ), 556610-8055 (the “Company”), are hereby given notice of the Annual General Meeting to be held on 15 May 2024 at 13.00 (CEST) at IVA Konferenscenter, Grev Turegatan 16, 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 Year End Report 2023 Highlights Completion and handover of the Karskruv wind farm ahead of schedule at the end of November 2023, which is producing in line with expectations, adding 290 GWh of estimated annual power generation in the SE4 price region.Highest quarterly power generation for the Company at 226 GWh in the fourth quarter and 765 GWh for the full year 2023, which included power generation from the early startup of Karskruv, which was offset by unfavourable weather conditions.Continued to mature the 40 GW Webcast details for Capital Markets Day presentation on 14 February 2024 Orrön Energy AB (“Orrön Energy”) will publish its financial report for the fourth quarter and full year 2023 on Wednesday 14 February 2024 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 14 February 2024 at 14:00 CET. The presen Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is OMX Stockholm 30 Index Return LNDNF OMX Stockholm 30 Index YTD +1.67% +5.41% 1-Year -23.75% +12.64% 3-Year -98.40% +10.99%