Arise to outsource its service operations
Arise AB (publ) has today entered into a 15-year full-service agreement with Vestas. The agreement means that service of all the company’s Vestas wind farms is outsourced to Vestas and in connection thereto some Arise employees will be offered employment with Vestas. According to the agreement, Vestas will take full responsibility for all components in the turbines whilst warranting a high availability in the wind farms. The service cost will increase slightly compared to historical levels but all component risk will be transferred to Vestas. By entering into the agreement, a long and cost