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Water that reflects

About Renewable Energy

In a normal year, Holmen’s renewable energy production from hydro and wind power amounts to over 1 TWh.

Business concept

Holmen’s hydro and wind power contribute to sustainable energy production and is managed with a focus on long-term profitability.

About us

Renewable Energy is part of the Holmen Group, developing and managing the Group’s hydro and wind power operations. Holmen has great potential to develop new wind power projects. Through strategic partnerships, Renewable Energy facilitates investments and start-ups in the areas of wind power and property development on the Group’s land. 

Renewable Energy

Holmen’s production of renewable hydro and wind power contributes towards a sustainable energy supply in Sweden and towards Europe’s transition to fossil-free
energy sources. We are now taking the next step as a green energy producer by investing in the expansion of our wind power capacity.

7 % av of the Group’s capital is employed in the Renewable Energy business area

Key figures

SEKm

2022

2021

2020

2019

2018

External net sales 1 226 488 378 378 319
Operating profit, Excl. items affecting comparability 1 006 347 215 336 181
Investments   712 291 203 22
Capital employed 4 618 4 069 3 351 3 058 3 052
Average number of employees 26 19 16 13 12
Own production of hydro and wind power, GWh 1 639 1 230 1 352 1 109 1 145

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Holmen logotype

Renewable Energy is part of the Holmen Group, developing and managing the Group’s hydro and wind power operations. As a major landowner, Holmen has great potential to develop new wind power projects. Through strategic partnerships, Renewable Energy facilitates investments and start-ups in the areas of wind power and property development on the Group’s land.

Holmen Group websites

  • Forest - holmen.com/forest
  • Renewable energy - holmen.com/energy
  • Wood Products - holmen.com/woodproducts
  • Paperboard - iggesund.com
  • Paper - holmen.com/paper

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