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Arise Q2 2023: Record-high realised electricity price - Redeye

Redeye comments on Arise’s Q2 report, which came in better than expected. The main reason for this is due to Skaftåsen revenue recognition being resumed – which we did not expect and are very positive about. Arise also managed to realise record-high electricity prices during the quarter, thus living up to our high expectations for the production segment. The project portfolio also grew by 200MW, driven by new projects entering the portfolio, and increased capacity in the Finnåberget project.

Redeye comments on Arise’s Q2 report, which came in better than expected. The main reason for this is due to Skaftåsen revenue recognition being resumed – which we did not expect and are very positive about. Arise also managed to realise record-high electricity prices during the quarter, thus living up to our high expectations for the production segment. The project portfolio also grew by 200MW, driven by new projects entering the portfolio, and increased capacity in the Finnåberget project.
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