Report for the first quarter 2022
Financial and operating highlights 1Q22 (1Q21 in brackets): · Operating revenues were NOK 2 476 million (NOK 1 338 million) · EBITDA was NOK 926 million (NOK 236 million) · EBIT was NOK 681 million (NOK 9 million) · Net result after tax was NOK 430 million (NOK -35 million) Segment highlights 1Q22 (1Q21 in brackets): Renewable Energy · EBITDA NOK 1 220 mill. (NOK 333 mill.) · Continued high power prices · Good wind conditions · Full operation of Högaliden adding 18% generation · Seawind’s JV with Vattenfall was awarded rights to develop the Mara Mohr