Arise has secured rights to develop onshore wind power through an agreement with Persson Invest

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)