Swedish developer Arise has generated 30.4% less electricity in the first nine months of the year due to weaker winds.
Production dropped to 402GWh from 546GWh in the period, as net sales fell 10.3% to Skr303m.
EBITDA dipped to Skr21m kroner compared with Skr29m a year ago, the company said.
Generation dropped to 121GWh from 141GWh in the third quarter due to weaker winds in southern Sweden, it added.
Arise agreed to sell the 12.8MW Bohult wind farm this week and is buying a 370MW portfolio from Kraftö. It is also in talks to sell the 200MW Kölvallen project to Fortum.
It appointed Daniel Johansson as its new chief executive officer last month.
Image: Arise
