Arctic Paper signs contract for energy storage and system services
Press Release Kostrzyn nad Odra / Gothenburg, May 8, 2024 Arctic Paper signs contract for energy storage and system services Arctic Paper has signed a fifteen-year agreement with S.E.R. Sverige to cooperate regarding energy storage and grid system services. The mills in Grycksbo and Munkedal will provide space and grid connections for battery installations. The contribution to EBITDA is estimated to SEK 10-30 million annually for the first two years of operation starting 2025. The two Swedish mills, Arctic Paper Grycksbo AB, and Arctic Paper Munkedals AB have