The energy company Windon Energy reports lower revenue and a weaker result in the second quarter, while the company is making a strategic shift towards owning energy assets through the acquisition of a solar park portfolio with a capacity of 22.19 MW.Revenue fell 8.1 percent to SEK 8.5 million (9.2).EBITA came in at SEK -1.8 million (-1.4).Operating profit, EBIT, came in at SEK -2.9 million (-2.4).Net profit amounted to SEK -2.9 million (-2.5). Diluted earnings per share came to SEK -0.16 (-0.21).CEO Christoffer Johansson notes that the result for the quarter is not satisfactory. The gross margin fell to 8 percent (25), which is explained in part by one-off costs attributable to a number of previously completed projects. According to the CEO, the underlying margin in the ongoing project operations is higher than the reported level.During the quarter, Windon entered into an agreement to acquire a solar park portfolio comprising eleven facilities with a combined installed capacity of 22.19 MW. The acquisition was completed on July 1. The portfolio is unleveraged and generates ongoing cash flow from electricity production."This is the largest and, in my opinion, most important deal in Windon's history," Johansson says.According to the company, the acquisition entails a strategic shift in which Windon is moving from primarily selling energy solutions to also owning energy infrastructure. The company intends to evaluate investments in areas including battery storage, energy management and flexibility in order to create additional revenue streams from the parks and their connection points.Windon is not providing a financial forecast. The company states that the next phase will focus primarily on profitability, cash flow and value creation, and that both investments in the existing portfolio and new business opportunities will be evaluated based on long-term returns."In Q1, I wrote that Windon was approaching a shift towards profitable growth. That ambition remains unchanged. But the conditions have changed significantly since then. The Windon Energy Group of the future will not be solely dependent on how many new projects we manage to sell each month. We now have the opportunity to build an increasingly large part of the Group's earnings around owned assets that generate recurring cash flows. Alongside this, we have Windon's commercial operations, with a proven ability to create business. Exactly how this arm will be developed going forward will be determined based on what creates the best long-term value for the Group and our shareholders," writes the CEO of Windon Energy. Key figures, SEK millionQ2 2026Q2 2025Year-over-year changeRevenue8,59,2-8,1%EBITA-1,8-1,4EBIT-2,9-2,4Net profit-2,9-2,5Earnings per share, SEK-0,16-0,21