Arise completes previously announced acquisition of 51% of the shares in Pohjan Voima

Arise AB (publ) (“Arise”) has today, 3 April 2023, completed the previously announced acquisition of 51% of the shares in Pohjan Voima Oy (“Pohjan Voima”). Pohjan Voima is active within the development of onshore wind and solar power in Finland. Pohjan Voima’s current project portfolio amounts to approximately 1.7 GW of which 600 MW will be classed as late-stage projects, which implies a material increase of Arise’s development portfolio.

Halmstad, 3 April 2022

ARISE AB (publ)

For further information, please contact:
Per-Erik Eriksson, CEO Arise AB, +46 702 409 902

Markus Larsson, CFO Arise AB, +46 735 321 776

This information was submitted for publication, through the agency of the contact persons set out above, at 16.45 CEST on 3 April, 2023.

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About Arise

Arise is  a leading independent company that realises new green energy. The company develops, builds, sells and manages renewable electricity production. The company is listed on Nasdaq Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)10 450 71 00, corporate id .no. 556274-6726. E-mail info@arise.se, www.arise.se