Swedish operator's profit gone with the wind

Swedish wind developer and operator Rabbalshede Kraft's 2018 profit level couldn't keep pace last year. Like many others, the company's CEO explains the setback in 2019 by pointing to limited wind and lower power prices.
Rabbalshede Kraft's 15 MW Brattön wind farm. | Photo: PR / Rabbalshede Kraft
Rabbalshede Kraft's 15 MW Brattön wind farm. | Photo: PR / Rabbalshede Kraft

Like many other Swedish wind energy players, developer and operator Rabbalshede Kraft's 2019 annual financial statement was burdened by limited wind in the fourth quarter as well as low domestic power prices throughout last year.

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