On March 20, 2023, Enkraft announced that it has criticised ABO Wind, claiming the Company failed to provide investors with a clear strategic roadmap. In a letter to the Company’s management dated March 17, Enkraft stated that compared to their competitors, but also to other listed companies, transparency declines significantly and is simply non-existent in some aspects. Enkraft added that it has criticised the way the Company discloses information about its project pipeline, the lack of information about how the Company picks sites for its projects and questions over the Company’s hydrogen strategy.

Enkraft stated that the Company said it was in constructive talks with Enkraft and that it was always prepared to discuss corporate governance and transparency issues with investors, adding it was convinced that it already provided more information than legally required.