Arise AB: Power Production in July – 29.4 Gwh
Arise AB (STO:ARISE):
Weaker winds than normal in July resulted in a power production of 29.4 GWh (34.5).
Of this 20.3 GWh refers to own wind power operations and 9.1 GWh to co-owned wind power.
This is approximately 25 per cent less than expected.
Halmstad 8 August, 2014
ARISE AB (publ)
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 13.00 p.m. on 8 August 2014.
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.