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Interim report for the period 1 January – 31 December 2010

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Fourth quarter (1 October – 31 December 2010)

  • Net sales during the quarter were TSEK 21,205 (11,519).
  • The operating result before depreciation (EBITDA) was TSEK 10,302 (5,248).
  • The operating result (EBIT) was TSEK -1,709 (1,188).
  • Earnings after tax were TSEK -6,060 (-946), which corresponds to SEK -0.20 (-0.05) per share.
  • The average income per MWh was SEK 762 (733), of which SEK 431 (384) refers to electricity and SEK 331 (349) to electricity certificates.
  • A loan agreement has been concluded with DnB NOR for the funding of the Fröslida wind farm. The company now has loan agreements with three Nordic banks.

12 months (1 January – 31 December 2010)

  • Net sales during the period were TSEK 66,744 (27,023).
  • The operating result before depreciation (EBITDA) was TSEK 35,101 (1,727).
  • The operating result (EBIT) was TSEK -1,614 (-10,798).
  • Earnings after tax were TSEK -18,333 (-7,614), which corresponds to SEK -0.72 (-0.44) per share.
  • The average income per MWh was SEK 754 (751), of which SEK 429 (451) refers to electricity and SEK 325 (299) to electricity certificates.

Significant events after the end of the reporting period

  • A decision has been taken to begin construction of a further 12 MW, bringing the total capacity in operation or under construction to 136 MW.
  • Arise Windpower has concluded an agreement giving the company the right to acquire a project with existing permits and a total potential capacity of 200 MW. Construction will commence in summer 2011 at the earliest.

The above information is such that Arise Windpower AB (publ) is required to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 18 February at 07.30 am.

For additional information, please contact

Peter Nygren, CEO, Tel. +46(0)706-300 680
Thomas Johansson, CFO Tel. +46 768-211 115


About Arise Windpower
Arise Windpower is one of Sweden’s leading companies in onshore wind power. Arise Windpower’s business concept is to sell electricity generated at the company’s own onshore wind turbines. The company is aiming to have about 300 wind turbines in operation or under construction by 2014. In a normal wind year these are expected to generate about 2 TWh of green electricity. Arise Windpower is listed on NASDAQ OMX Stockholm.

Arise Windpower AB (publ), Box 808, SE-301 18 Halmstad, Sweden, tel. +46 (0)35 20 20 900, org.no. 556274-6726
E-mail: info@arisewindpower.se, www.arisewindpower.se

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Year-End Report Arise Windpower windpower

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