Arise AB: Electricity production in January 72 GWh
Production and wind conditions on Sweden's West coast were significantly better while output from wind farms on the East coast was slightly lower than normal. The disparity demonstrates the importance of having a geographically dispersed portfolio of wind power projects.
Total electricity production was 72,100 MWh1, which is about 9,600 MWh below budget. The outcome in the same month the previous year was around 47,900 MWh.
Out of the total monthly production, 52,400 MWh refers to company-owned wind power and 19,700 MWh to jointly owned wind power.
1 Including leased wind farms.
Halmstad 5 February 2014
ARISE AB (publ)
Arise is one of Sweden's leading companies in onshore wind power. Its business concept 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 is listed on NASDAQ OMX Stockholm.
Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone +46 (0)35 20 20 900, corporate id .no. 556274-6726
The information contained herein constitutes information which Arise 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 15.00 p.m. on 5 February 2014.