Report for the second quarter 2020 and the first half year 2020
Financial and operating highlights 2Q20 (2Q19 in brackets): · Operating revenues were NOK 1 263 million (NOK 2 023 million) · EBITDA was NOK -57 million (NOK 511 million) · EBIT was NOK -329 million (NOK 271 million) · Net result after tax was NOK -632 million (NOK -11 million) Segment highlights 2Q20 (2Q19 in brackets): Renewable energy · EBITDA NOK 60 mill. (NOK 111 mill.) · Total generation down 2% · All time low Nordic power prices · Högaliden project, estimated completion by year end · Codling Wind Park I and II confirmed as Relevant Projects