Browsing: Eolus Vind

Rebrand aims to reflect full scope of company’s international renewable energy operations

Company cited ‘continued reduced level of activity’ in the European renewables market

Move to exit JV part of Simply Blue Group’s decision to withdraw from the Nordics

Swedish developer also closed out 2023 with a net profit of Skr573m compared with Skr116m in 2022

Acquisition of Yit Energy includes 2.3GW of wind and solar projects at various stages of development

The Swedish developer achieved EBIT of SEK159m during the three-month period

Sale of wind projects contributed to more than doubling of EBIT in the three-month period

Move includes the option of finding a partner to speed up its project pipeline

New deal with Eolus Vind replaces an earlier agreement for two other wind farms signed in 2020

Swedish developer made a loss of Skr7m in Q4 and an overall loss of Skr24m for 2021