Siljansvik announced that its majority-owned subsidiary Dala Vind has received an additional milestone payment of approximately SEK46.2m following OX2’s investment decision to proceed with construction of the Fageråsen wind power project. The project holds a permit for up to 34 turbines, while the current FID covers 27 turbines, implying potential upside from additional investment decisions and associated milestone payments. The payment strengthens liquidity and represents a positive near-term cash flow catalyst, with no estimate changes at this stage.
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