Stockholm, March 24, 2010 - NASDAQ OMX (NASDAQ:NDAQ) announces that Arise
Windpower AB (AWP), a mid cap company within the Utilities sector, today starts
trading of its shares on the main market of NASDAQ OMX Stockholm. Arise
Windpower is the third company to list on NASDAQ OMX Nordic markets in 2010, and
the first IPO this year.
Founded in 2006, Arise Windpower is one of Sweden's leading land-based wind
power companies. Its business concept is to sell electricity produced by its own
land-based wind turbines in southern Sweden. Arise Windpower's goal is to
produce around 2 TWh of environmentally-friendly electricity per year by 2014,
equivalent to Sweden's total domestic wind power expansion at year-end 2008.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said, “Arise Windpower will
make a valuable addition to our utilities sector and to our European investor
community. We look forward to providing Arise with the strong liquidity,
investor exposure and services that NASDAQ OMX offers to our listed companies.”
Peter Nygren, CEO of Arise Windpower commented, “We are pleased with the great
interest in Arise Windpower and the confidence the investors have demonstrated
in our ability to create good returns for the shareholders. The new share issue
and the listing of Arise Windpower's shares on Nasdaq OMX Stockholm enable the
continuation of the rapid expansion of the company's wind power portfolio.”
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CONTACTS:
The NASDAQ OMX Group, Inc.
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com
