Final investment decision on Solberg 75 MW has been made
On February 29, 2016, Arise AB (publ) announced the sale of project Solberg, 75 MW, (the “Project”) to Fortum Generation AB (“Fortum”). Construction start of the Project was subject to a final investment decision by Fortum. A final investment decision has now been made by Fortum and construction is planned to commence during the summer of 2016. Arise will provide construction management services to the Project and commissioning is expected to occur early 2018.
Halmstad 18 April, 2016
ARISE AB (publ)
For further information, please contact
Daniel Johansson, CEO Arise AB, +46 702 244 133
Linus Hägg, CFO Arise AB, +46 702 448 916
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 09.30 a.m. on 18 April 2016.
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