Delays hit Eolus on the bottom line

The Swedish wind developer exits the third quarter without a single new turbine in operation, while delays at the contested Norwegian farm burden the bottom line.

Photo: PR / Eolus

Swedish Eolus struggles following a third quarter marked by challenges, as evidenced by company's Q3 financial results released Thursday.

The total number of wind turbines entering operation during the quarter comes to a hollow zero against 38 units with a combined capacity of 160MW in the same quarter last year.

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