News

20 oktober, 2023

Arise and SCA cooperate in development of approx. 1,000 MW of wind power

Arise AB (publ) (”Arise”) today entered into a partnership agreement with SCA, Europe’s largest private forest owner, regarding the development of onshore wind power on parts of SCA’s land in Sweden.

The development partnership with SCA is another step in Arise’ focus to deepen cooperations with landowners in the company’s core markets with the aim developing and constructing new wind power. Arise and SCA have identified six concrete land areas with an estimated total potential of approximately 1,000 MW. The identified land areas are believed to have good prospects to realize projects on during the coming 5 – 10 years and contribute to meeting the increasing demand for renewable energy in Northern Sweden. The companies will cooperate in the development phase of the projects, which Arise will have a 49% ownership in once they reach ready-to-build status. The projects will be included in Arise’ project portfolio as early-stage projects.

Per-Erik Eriksson, CEO, Arise AB:

”We are obviously very happy and proud to start a development partnership with SCA. The scope of this partnership implies that we will contribute significantly to the energy transition. It is my firm belief that together we have an exceptionally strong platform to develop onshore wind power in larger scale, which also is of benefit for Swedish industry’s competitiveness”.

Halmstad 20 October 2023

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

20 oktober, 2023

Arise announces divestment of Fasikan to SCA

Arise AB (publ) (”Arise”) has entered into an agreement with SCA, Europe’s largest private forest owner, for the sale of the 105 MW wind farm Fasikan (the ”Project”). Closing occured today.

The transaction covers all the shares in Fasikan Vind AB at an enterprise value of approximately SEK 1.6 billion. The project is sold in ready-to-build status at a share purchase price of approximately SEK 125 million. The purchase price includes a variable portion which is dependent upon how construction of the project progresses in relation to budget. Furthermore, Arise will manage the construction in accordance with a construction management agreement.

Nordex will be supplying 15 turbines with a total nominal capacity of 105 MW and the wind farm is expected to be commissioned in the beginning of 2026.

Per-Erik Eriksson, CEO, Arise AB:

”We are very happy to be able to divest Fasikan under current market conditions and are especially happy to do it to SCA which creates conditions for a long and successful collaboration.”

Halmstad 20 October 2023

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

9 oktober, 2023

Power production third quarter 2023 amounted to 59.8 GWh

Weaker wind conditions than normal during the third quarter of the year resulted in a power production of 59.8 GWh, compared to the quarter’s budget of 67.0 GWh.

Halmstad, 9 October 2023

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 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 15.00 CEST on 9 October, 2023.

Regarding information about how we process your personal data we refer to our Privacy policy, which is available on our website www.arise.se. If you no longer wish to have our press releases and news please contact us via info@arise.se.

27 september, 2023

Earn-out payment for project Skaftåsen has been agreed

Arise AB (publ) (“Arise”) has entered into an agreement regarding the settlement of the earn-out payment for project Skaftåsen. According to the agreement, the earn-out payment amounts to EUR 6.4 million which Arise is expected to receive during September 2023

Halmstad, 27 September 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 Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 27 September 2023 at 16.20 CEST.

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

14 september, 2023

Catella completes acquisition of majority stake in Aquila Group

Catella’s acquisition of 60 percent of the shares in Aquila Asset Management SAS (“Aquila Group”) received regulatory approval earlier in September and today the transaction was completed. The Aquila Group, with over EUR 1.4 billion in assets under management, will complement Catella’s strong footprint in France and support the continued growth of the pan-European platform.

On June 2, 2023, Catella announced that it had signed an agreement to acquire 60 percent of the shares in the French independent real estate developer Aquila Group. The purchase price amounts to approximately EUR 9,6 million. The Aquila Group consists of Aquila Asset Management, founded in 2010, and the real estate investment fund management company Axipit Real Estate Partners, founded in 2021. Axipit offers innovative and differentiating solutions to both retail and professional investors.

“We are very pleased that we now have received all the necessary approvals to bring this important deal to completion. The acquisition means that we add another piece of the puzzle to our growth journey. With one of the largest independent players in real estate asset management in France now being a part of Catella, we will be able to leverage important synergies with our existing operations in Europe, while entering the French fund business for retail investors is of great strategic importance,” said Christoffer Abramson, CEO of Catella.

The addition of Aquila Group into Catella is an important part in Catella’s strategy to be an attractive partner for investors within the real estate sector globally. The acquisition will significantly strengthen Catella’s position both in France and globally.

“This is an example of how we can further capitalize on Catella’s strong financial position to expand into new businesses and markets. We will continue to increase the range of sustainable products, broadening our product offering to adapt to different stages of the economic cycle, as well as capture synergies and continue to develop our pan-European investment strategies,” said Christoffer Abramson.

The shares are acquired from local management who will remain minority shareholders. According to the agreement, an additional purchase price of approximately EUR 1 million could be paid if certain criteria are met. The acquisition is financed by Catella’s own capital.

“Aquila has a successful history built on local expertise, and as we now join Catella’s European network, we form a very strong team, internally in Europe as well as on the French market. We look forward to be a part of Catella and our future journey” said Jean-Marc Sabiani and Gilles Barbieri, Founders and Managing Partners at Aquila.

Catella completes acquisition of majority stake in Aquila Group

For further information, please contact:

Michel Fischier
CFO
+46-8-463 33 86
michel.fischier@catella.se