Lundin Energy sets first-ever guidance for renewables business

After the announced divestment of oil and gas assets to Aker BP, Sweden’s Lundin Energy releases its first-ever business prognosis for renewables.

Daniel Fitzgerald, COO at Lundin Energy, is proposed as new CEO at Orrön Energy, which will arry on Lundin's RE stakes following the sale of the oil and gas business to Aker BP. | Photo: Lundin Energy

As a part of the impending divestment of the Swedish company’s oil and gas activities to Aker BP, Lundin Energy also rebrands to Orrön Energy, fully banking on renewable power looking forward.

Whereas the planned name change was announced back in May, today the company publishes its first outlook for the pure-play green energy business, with guidance pertaining to the second half of 2022.

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