Loan agreements in the amount of approx. SEK 280 million have been signed with DNB and Swedbank

As previously announced the company has taken decisions to invest in 15 wind turbines across three wind farms. Based on the binding credit approvals the company received in conjunction with taking the investment decisions, loan agreements have now been entered into with DNB as regards one of the projects (approx. SEK 150 million) and with Swedbank as regards two of the projects (approx. SEK 130 million).

Construction has begun on all projects which in total are expected to produce approx. 87,000 GWh per year.

Commissioning will take place during the autumn of 2013. 


Halmstad, 30 May 2013
ARISE WINDPOWER AB (publ) (under change of name to Arise AB (publ))

The information contained herein constitutes information which Arise Windpower 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 15.30 p.m on 30 May 2013.

For further information, please contact
Peter Nygren, CEO Arise Windpower AB, +46 706 300 680
Linus Hägg, Head of Corporate Finance, +46 702 448 916

About Arise Windpower      
pt 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 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