Construction start for Ryssbol wind farm, 12 MW
As previously announced, an agreement has been reached with KumBro Vind AB regarding turnkey delivery of six wind power turbines with a total output of 12 MW. The agreement was conditional, subject to a positive decision by the owners of KumBro Vind AB (the municipalities of Kumla and Örebro).
Construction can now begin with the goal of all turbines being erected and commissioned during the autumn of next year.
After turnover of the wind farm to KumBro, Arise will be responsible for managing the wind farm for a period of five years. Arise will consequently have approximately 500 MW under its management, of which roughly 50 percent is on behalf of external clients.
Halmstad 9 November, 2015
ARISE AB (publ)
For further information, please contact
Peter Nygren, CEO Arise AB, +46 706 300 680
Peter Lilja, CEO KumBro Utveckling AB, +46 704 849 199
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 10.00 a.m. on 9 November 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