Agreement signed for sale of Ryssbol wind farm – 12 MW
An agreement has been signed with KumBro Vind AB for the sale of the Ryssbol wind farm. The wind farm consists of six wind turbines with a combined output of 12 MW. The parties have also concluded a management agreement under which Arise will manage and monitor the operation of the facility on behalf of KumBro. The deal is contingent on approval from the owners of KumBro Vind AB (Örebro and Kumla local authorities).
Construction is scheduled to begin in November 2015 with commissioning and handover after about 12 months later.
Under the agreement, Arise will build and deliver a complete turnkey wind farm to KumBro Vind AB.
Halmstad 26 June, 2015
ARISE AB (publ)
For further information, please contact
Peter Nygren, CEO Arise AB, +46 706 300 680
The information contained herein constitutes information which Arise AB is legally required to publish under the Swedish Securities Market Act (2007:528) and/or the Swedish Financial Instruments Trading Act (1991:980). The information was released for publication at 14.15 p.m. on 26 June 2015.
Arise is one of Sweden's leading wind power companies with the business concept to develop, build and manage onshore wind farms for its own account and on behalf of investors. The company is listed on NASDAQ OMX Stockholm.
Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)35 20 20 900, corporate id .no. 556274-6726