Brief: Lundin Energy Gives Guidance For Its Renewables Business

Orron Energy AB

20/06/2022 07:10

June 20 (Reuters) - Lundin Energy AB  LUNE.ST :
    * REG-LUNDIN ENERGY PRESENTS GUIDANCE FOR ITS RENEWABLES
BUSINESS
    * SECOND HALF 2022 GUIDANCE: NET POWER GENERATION (2) 150
GWH
    * SECOND HALF 2022 GUIDANCE: OPERATING C OSTS MUSD 2
    * SECOND HALF 2022 GUIDANCE: G&A COSTS (3) MUSD 7
    * SECOND HALF 2022 GUIDANCE: CAPITAL EXPENDITURES MUSD 20
    * ORRÖN ENERGY INTENDS TO ESTABLISH CREDIT FACILITIES WHICH
COULD
ADD MUSD 100-150 OF EXTRA CAPACITY, ALLOWING UP TO MUSD 180 OF
LIQUIDITY FOR ACQUISITIONS
    * SUDAN LEGAL CASE WILL REMAIN WITH ORRÖN ENERGY
    * LEGAL COSTS IN RELATION TO DEFENCE OF COMPANY, AND ITS
REPRESENTATIVES, ARE EXPECTED TO BE APPROXIMATELY MUSD 4 FOR
SECOND HALF OF 2022

Source text for Eikon:  ID:nGNE58syGZ 
Further company coverage:  LUNE.ST 

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