As previously announced, several agreements have been signed which give Arise
the right to plan, apply for permission and construct wind farms along the
Scottish coast.
Following consultation with the Highland Council, Arise's assessment is that the
project has the potential to be granted permission. Thus the work on the
application can begin. The application will be for a large wind farm of 20 to 30
wind turbines along the northern coast of Scotland. The project sites have
excellent wind conditions and good opportunities for grid connections.
It is estimated that the permit application will be ready for submission next
year, followed by the usual processing by authorities.
Halmstad 17 October, 2014
ARISE AB (publ)
For further information, please contact
Leif Jansson, Investor Relations Arise AB, +46 707 340 554
Peter Nygren, CEO Arise AB, +46 706 300 680
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 14.00 p.m. on 17 October 2014.
About Arise
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
E-mail info@arise.se, www.arise.se
