LAHOLM, Sweden--(BUSINESS WIRE)--First paragraph, first sentence of release should read:
"Slightly weaker winds than normal in March resulted in a power production of 65.6 GWh (73.4), which is 6.3 GWh under budget."
(instead of "Slightly weaker winds than normal in March resulted in a power production of 65.6 GWh (73.4), which is 6.3 GWh over budget.")
The corrected release reads:
ARISE AB: POWER PRODUCTION IN MARCH, 65.6 GWh
Arise AB (STO:ARISE)
Slightly weaker winds than normal in March resulted in a power production of 65.6 GWh (73.4), which is 6.3 GWh under budget.
Of this 39.9 GWh (41.0) refers to Own wind power production and 25.7 GWh (32.4) refers to Co-owned wind power.
Total production in the first quarter was 227.6 GWh (196.6). Of this 122.0 GWh (125.7) refers to own wind power and 105.6 (70.9) to Co-owned wind power, which is in line with budget.
Assuming continued normal winds, total production in the current year is expected to be 700 GWh in the company´s own and Co-owned wind farms.
Halmstad 7 April, 2015
ARISE AB (publ)
Arise is one of Sweden's leading onshore wind power companies. The company´s business concept is to develop, build and manage wind farms for its own and investors´ account with the aim of selling electricity produced by onshore wind turbines. 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 11.30 a.m. on 7 April 2015.
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