Arise AB (publ) enters into an option agreement to acquire Svartnäs Vindkraft AB
Today, Arise AB (publ) has entered into an option agreement with Bergvik Skog AB giving Arise the right to acquire all the shares in Svartnäs Vindkraft AB, a company that holds the rights to the wind project Svartnäs (the ”Project”). All permits relating to the Project have gained legal force and the grid connection is secured. Arise will continue to develop the Project with the purpose to sell it on to an investor when it is ready for construction. In connection with signing of the option agreement, an option premia will become payable. The consideration for the shares will become