Arise AB (publ) (”Arise”) has entered into an agreement with Persson Invest, one of the larger private land owners in Sweden, regarding granting Arise the rights to develop potential wind power projects on Persson Invest’s land. This marks another forward step in Arise’ focus to deepen co-operation with landowners in Sweden with the aim of identifying, developing and constructing new wind power. Arise’ aim is that the co-operation with Persson Invest over time will lead to a material contribution to more renewable power production.
Per-Erik Eriksson, CEO, Arise AB:
”We are very proud that Persson Invest has chosen Arise as partner for the development of wind power on its land, where we see good potential to realize new wind power projects and contribute to the energy supply in Northern Sweden, addressing the increased demand and also contributing to a sustainable future.”
Björn Rentzhog, CEO, AB Persson Invest:
”We are looking forward to a positive and long-term co-operation with Arise to continue identifying and developing wind power projects on our land, thereby contributing to an increased supply of renewable energy.”
Halmstad, 19 January 2022
ARISE AB (publ)
Weaker wind conditions than normal in December resulted in a power production of 25.3 GWh, compared to the month’s budget of 41.8 GWh.
In total the Company produced 292 GWh last year, which is approx. 15 percent under budget (343 GWh).
As from now we will publish our production quarterly.
Halmstad, 10 January 2023
ARISE AB (publ)
For further information, please contact:
Per-Erik Eriksson, CEO Arise AB, +46 702 409 902
This information is information that Arise AB is obliged to make public pursuant to the EU MarketAbuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17.00 CET on 10 January, 2023.
Catella’s partly owned company Infrahubs has signed an agreement to sell two logistic properties to a fund managed by Genesta (Property Nordic) for approximately SEK 580 million after deduction of deferred tax.
One property is located in Ljungby with an area of approximately 26,000 square meters and a total development cost of SEK 180 million. The other property is located in Örebro with an area of approximately 23,000 square meters and a total development cost of SEK 190 million. Catella’s ownership of the development projects amounts to 40% in Ljungby and 50% in Örebro.
”Despite a slightly cooler transaction market at the moment, interest in these properties has been substantial. This shows a continued solid demand for the modern and sustainable logistics properties with long leases with strong tenants that we are developing in Sweden together with Infrahubs,” says Christoffer Abramson, CEO of Catella.
The transaction is expected to be completed during the second quarter of 2022.