Swedish renewables developer Arise blamed low electricity and green certificates prices for the Skr29m loss in the second quarter of 2019.
The loss was wider than the Skr14m (€1.33m) deficit in the same period last year.
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Earnings were also hit by a ruling by the Supreme Administrative Court concerning property tax related to the Svartnas wind farm, the company said.
Earnings before interest, tax, depreciation and amortisation were Skr9m in the period, compared Skr24m in 2018.
The company said it is currently selling the Skaftasen wind farm and expects to complete the sale in the autumn.
Arise posted net sales of Skr67m in the second quarter, up from Skr48m last year.