Hedging through leasing boosts earning

Agreements have been signed for the lease of the Fröslida and Gettnabo wind farms (34.5 MW) over a period of one year. As announced previously, leases have already been concluded for the Södra Kärra, Blekhem and Skäppentorp wind farms (24.5 MW). This means that 59 MW out of a total operational output of 253 MW has been leased out to other operators.  

The lease of 59 MW of wind power output is expected to have a positive annual impact on earnings of around SEK 16 million compared with selling generated electricity and electricity certificates at the forward prices applying at the time when the contract was concluded.

The concept has been developed to keep revenues at a continued high level despite the current low prices of electricity and electricity certificates. Further wind farms may be leased out.
    

Halmstad 25 November, 2013   
ARISE AB (publ)
              

For further information, please contact
Peter Nygren, CEO Arise AB, +46 706 300 680

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 15.00. p.m. on 25 November 2013.

About Arise
Arise is one of Sweden's leading companies in onshore wind power. Its business concept is to sell electricity generated at the company's own wind turbines. The company's target is to have 1,000 MW of onshore wind power constructed and under management by 2017, of which 500 MW will remain in the ownership of the company. Arise 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

E-mail info@arise.se, www.arise.se

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