Arise AB: Arise Finalizes the Sale of Its 12.8 MW Bohult Wind Farm to a Fund Managed by Allianz Global Investors

LAHOLM, Sweden--()--Regulatory News:

Arise AB (publ) (STO:ARISE), has today finalized the sale of the 12.8 MW operating Swedish wind farm Bohult to a fund managed by Allianz Global Investors. The transaction was successfully completed on the terms communicated on 19 July 2016.

The cash flow effect after repayment of project financing debt and cancellation of an interest rate swap was approximately SEK 90 million. This also includes the release of blocked accounts. The transaction will have a slight positive impact on Arise’s earnings in 2016.

Halmstad 8 November, 2016

ARISE AB (publ)

This information is information that Arise AB 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 14.30 CET on 8 November 2016.

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 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

E-mail info@arise.se, www.arise.se

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Contacts

Arise AB,
Daniel Johansson, CEO
+ 46 702 244 133
or
Linus Hägg, CFO
+46 702 448 916

Contacts

Arise AB,
Daniel Johansson, CEO
+ 46 702 244 133
or
Linus Hägg, CFO
+46 702 448 916