(EOLU-B) Eolus Vind (publ) - Ratings and Ratios

Eolus Vind AB (publ) is a Swedish renewable energy company with a diverse portfolio spanning onshore and offshore wind, solar power, and energy storage. Operating across Sweden, Norway, Finland, the U.S., Poland, Spain, and the Baltic states, Eolus has established itself as a significant player in the renewable energy sector. Founded in 1990 and headquartered in Hässleholm, the company has built a reputation for its comprehensive approach to project development and asset management. As of December 31, 2023, Eolus manages 8,181 onshore wind turbines, 10,000 offshore wind units, 2,873 energy storage facilities, and 5,872 solar power plants, showcasing its commitment to a diversified renewable energy strategy.

The company’s operations are divided into two main segments: Project Development and Asset Management. The Project Development segment focuses on the entire lifecycle of renewable energy projects, from initial pre-studies and permitting to construction and divestment. This includes developing wind farms, solar parks, and energy storage solutions. The Asset Management segment provides ongoing technical and commercial management for operational renewable energy assets, ensuring optimal performance and returns. Eolus also offers technical consultancy services, leveraging its expertise to support other stakeholders in the renewable energy sector. Additionally, the company generates and sells electricity, further integrating its operations across the value chain. With a market capitalization of 1,145.72M SEK and a forward P/E ratio of 15.13, Eolus presents an interesting opportunity for investors seeking exposure to the growing renewable energy market. Its price-to-book ratio of 1.05 and price-to-sales ratio of 3.63 provide additional insights into its valuation metrics.