News

11 december, 2019

Baryshivska Grain Company LLC, a part of Grain Alliance AB will receive €10 million loan from EBRD.

As part of the company’s development Grain Alliance will increase it’s grain storage facilities and upgrade agricultural machinery fleet. Less energy consuming technology for machinery and biomass residuals fired heat generators for the grain dryers will help to continue environment friendly sustainable development of Grain Alliance.

“We are proud, that our aim to decrease greenhouse gases into the atmosphere while increasing productivity of own production got support from EBRD and Taiwan CDF. This 7 yrs loan also shows the appreciation of us being long-term investor with sustainable focus into Ukrainian agriculture” – said Johan Damne, the chairman of the board of Grain Alliance AB

”This investment will allow us to produce and dry more grains with smaller footprint. Additional storage and new dryers with heat generators will allow us to dry additional 170 thsd tones of grains during the season. We can see that the investment will bring benefits to our regional clusters as well as to local communities.” – added Evgeniy Radovenyuk, CEO of Grain Alliance AB.

11 december, 2019

Arise announces its largest project sale to date

Arise AB (publ) (”Arise”) has today entered into an agreement with funds managed by Foresight Group LLP (”Foresight”), a UK based leading independent infrastructure and private equity investment manager, for the sale of the 231 MW wind farm Skaftåsen (the ”Project”). Closing of the transaction will occur today.

At closing, Arise will receive a fixed consideration of approx. EUR 19.1 million. An additional EUR 6.4 million in variable consideration is expected to be received once construction of the Project has been completed. The sale is expected to have a positive impact on earnings of approx. SEK 210 million in total over the years 2019 to 2021, of which approx. SEK 140 million in Q4 2019. The variable part of the consideration is dependent on how construction of the Project proceeds versus plan and budget. The transaction also includes an additional production based earn-out mechanism amounting to up to approx. EUR 4.5 million.
The transaction will be implemented through a sale of the shares in Skaftåsen Vindkraft AB (the company holding the project rights) from Arise AB to FW Skaftåsen BidCo AB, a company controlled by Foresight.
Arise will manage the construction and once operational, manage the Project on behalf of Foresight through construction and asset management agreements.
Siemens Gamesa will be supplying 35 turbines with a capacity of 6.6 MW each from its new cutting-edge 5.X platform. Construction of the Project has already begun, and commissioning is expected late 2021.

Daniel Johansson, CEO, Arise AB said:
”We are very happy to introduce not only a significant new investor in the shape of leading independent infrastructure investment manager Foresight to the Swedish wind market, but also cutting-edge new technology provided by Siemens Gamesa. To launch this new technology on the Nordic market together with Siemens Gamesa and Foresight represents a landmark event for us. This great project is founded on strong relationships and collaboration from start to finish, and we look forward to realising this exciting project together with these renowned partners”.

Daniel Cambridge, Senior Investment Manager, Foresight Group said:
”We are very pleased to announce our first greenfield onshore wind investment in Sweden. As a leading international infrastructure investor, Foresight is delighted to be partnering with an experienced developer in Arise and also to be deploying the latest innovations in onshore wind technology with Siemens Gamesa. The Skaftåsen project will make a valuable contribution to renewable energy production and carbon reduction targets in Sweden, and also make a material contribution to the local community via the annual community contribution payment which is aligned to our ESG focused investment criteria”.

Halmstad 11 December, 2019
ARISE AB (publ)

For further information, please contact
Daniel Johansson, VD Arise AB, +46 702 244 133
Linus Hägg, CFO Arise AB, +46 702 448 916

This information is such information as Arise AB (publ) 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, at 11.15 a.m. CET on 11 December 2019.
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.

About Arise
Arise is one of Sweden’s leading wind power companies, with the business concept to develop, build and manage onshore wind farms for its own account and on behalf of investors. 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

5 december, 2019

Power production in November 26.3 GWh

Weeker winds than normal in November resulted in a power production of 26.3 GWh, compared to the month’s budget of 32.3 GWh.

Halmstad 5 December, 2019
ARISE AB (publ)

For further information, please contact
Daniel Johansson, CEO Arise AB, +46 702 244 133

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 16.25 CET on 5 December, 2019.

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.

18 november, 2019

Knut Pedersen leaves as CEO of Catella

Catella AB’s (publ) President and CEO Knut Pedersen has informed the Board that he wishes to leave his role as CEO. He will continue in his current role during the notice period of a maximum of 6 months and will leave the position as CEO at the latest in conjunction with the Annual General Meeting.
Knut Pedersen has been CEO of Catella since January 1, 2014.

“During his six years as CEO, Knut Pedersen has successfully developed Catella into a pan-European finance group in real estate and alternative investments. It is my belief that Knut still have a lot to add to Catella, why my wish is that Knut will be elected to the Catella AB’s Board of Directors. Recruitment of a new CEO begins immediately with the ambition of finding a CEO who can lead the company’s continued growth journey.” says Johan Claesson, Chairman and main owner of Catella.

“Catella is a fantastic company which it has been a privilege to lead and develop together with my colleagues. I am proud of what we have achieved during my time at Catella. Catella is well positioned for future growth while at the same time the company stands on a broad, commercial and geographical basis.” says Catella CEO Knut Pedersen.

For more information, please contact:
Johan Claesson
Chairman of the Board
+46 70 547 16 36

Knut Pedersen Jonas Burvall
President and CEO Head of Group Communications
+46 8 463 33 10 +46 766 27 97 55
knut.pedersen@catella.se jonas.burvall@catella.se

This is information that Catella AB (publ) 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, at 8:45 a.m. CET on 18 November 2019.
Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 185 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

8 oktober, 2019

Power production in September 30.8 GWh

Better winds than normal in September resulted in a power production of 30.8 GWh, compared to the month’s budget of 25.5 GWh.

Halmstad 8 October, 2019
ARISE AB (publ)

For further information, please contact
Daniel Johansson, CEO Arise AB, +46 702 244 133