Eolus Vind’s operating profit more than doubled in the second quarter of 2023.
EBIT amounted to SEK517m compared to SEK220m in the same period in 2022.
During the quarter Eolus sold the wind power projects Skallberget/Utterberget, Tjärnäs and Rosenskog, comprising 125MW, to BKW.
It also received a significant payment as a result of achieving an important milestone in the solar and battery storage project in Arizona, US, which was sold in October 2022.
In addition, Eolus signed a cooperation agreement with Finnish landowner Finsilva for development of five wind power projects with a potential for more than 600MW in total.
Furthermore, the Gothenburg Port Authority decided to acquire 5% of Eolus’s Västvind offshore project outside Gothenburg.
At the end of the period Eolus had 817MW under asset management.