Interim Report January - March 2021 Rabbalshede Kraft AB (publ)

Rabbalshede Kraft began 2021 with a high activity level. This included the construction start of three new wind farms, the commissioning works for two wind farms and, at the same time, working to expanding our offering within renewable energy. Our ambition is to find new ways to enable the sustainable transition and our vision: to shape tomorrow’s energy.

After experiencing record low energy prices during 2020, energy prices have begun to return to historically normal levels. It is encouraging to see how the situation has changed during the first quarter of 2021. Unfortunately, wind levels have been lower than normal during the first quarter, which resulted in production being under budget. In total, the result for the first quarter is under budget.

For more information, please contact:
 

CFO
+46 525 19700
anders.olsson@rabbalshedekraft.se

About Rabbalshede Kraft
We shape tomorrow´s energy. Our ambition is to develop and drive sustainable energy solutions, together with our partners and local actors. Through long-term ownership, we can produce and deliver electricity when and where it is needed. In a market where we meet global competition we can offer a unique flexibility and local understanding – the whole journey from design and construction to management and maintenance.