- Final investment decision made for Nordlicht I and II, Germany's largest wind power project.
- SEK 10.9 billion invested in Sweden's electricity grid for stability.
- Vattenfall's Videberg Kraft AB seeks financing for new nuclear power under Sweden's risk sharing model.
- 20% of Videberg Kraft AB sold to consortium Industrikraft.
Financial Performance
Vattenfall reported strong financial results for 2025, with underlying operating profit reaching SEK 30,937 million, up from SEK 17,059 million the previous year. The operating profit was SEK 27,102 million, impacted by items affecting comparability amounting to SEK -3,835 million. The profit for the period was SEK 19,700 million.
Quarterly Highlights
For the fourth quarter, the underlying operating profit was SEK 9,467 million, a significant increase from SEK 922 million in the same period last year. The operating profit for the quarter was SEK 9,279 million, with items affecting comparability at SEK -188 million.
Investment Decisions
Vattenfall made a final investment decision for the Nordlicht I and II offshore wind farms, Germany's largest wind power project. The company also decided to proceed with two suppliers of modular reactors for new nuclear power development.
Infrastructure and Partnerships
During the year, Vattenfall invested SEK 10.9 billion in Sweden's electricity grid to ensure a secure and stable supply. Videberg Kraft AB, a Vattenfall project company, applied for financing under Sweden's risk sharing model for new nuclear power investments and sold 20% of the company to the consortium Industrikraft.
Climate Recognition
Vattenfall received the highest rating in the Climate Disclosure Project’s annual climate ranking, highlighting its efforts towards achieving a fossil-free society.
