Arise
Electricity, Oil & Gas · Sweden · 51-200 Employees
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Overview
Headquarters
Kristian Iv S Vag 3, Halmstad, Halland, ...Phone Number
+46 104507100Website
www.arise.seRevenue
$48.5 MillionStock Symbol
A4WIndustry
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Arise News & Media
Arise enters into a settlement agreement with previous service supplier
Arise AB (publ) has today entered into a settlement agreement with a previous service supplier and the ongoing arbitration proceedings will therefore be ended. The settlement amount, which shall be paid by the service supplier, amounts to approximately SEK 30 million and is expected to be received in the fourth quarter 2024. The settlement implies a positive earnings effect of approximately SEK 10 million for the fourth quarter 2024. Halmstad 20 November 2024 ARISE ABChange in Group Management
Arise AB’s COO, Hans Carlsson, has decided to leave Arise for a new position as CEO for MS WinCon AB. His responsibilities will initially be divided between other members in the group management team. Hans’ last day at Arise will be January 31[st] 2025. “We thank Hans for his great commitment and strong contribution to our growth strategy the last few years and wish him the best of luck in the future”, says Per-Erik ErikssonInterim report 1 January–30 September 2024
Stable positive earnings and Arise makes its first sale in energy storage CEO Comment: In September, Arise made its first transaction in energy storage (BESS) with the sale of the 40 MW Pajkölen project. The transaction means that we are now delivering on our diversification strategy with new technologies and demonstrating our ability to create value by taking advantage of the company’s platform, the synergies between different projects and market knowledge. The project quicklyArise has completed the divestment of the battery project Pajkölen
Arise AB (publ) (“Arise”) has today completed the divestment of Pajkölen BESS AB to Flower Infrastructure Technologies AB. The divestment was announced on 19 September 2024 and closing was conditional upon certain approvals from authorities that has now been received. For more information about the divestment, see the announcement on 19 September 2024. Halmstad 4 November 2024 ARISE AB (publ) For further information, please contact: Per-Erik Eriksson, CEO Arise AB, +46 702 409 902 Markus
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Frequently Asked Questions Regarding 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, corporate id .no.... Read More