Eolus transaction with ewz and Aquila has been finalized

Hässleholm, SWEDEN

Hässleholm, Sweden, 2015-03-04 15:00 CET (GLOBE NEWSWIRE) --

Today Eolus has finalized the deal with ewz and Aquila which was made public in January 2015. The fourth and final wind farm, Skalleberg, comprising of ten wind turbines with a total capacity of 18.4 MW has been handed over to the investors.

Wind farm Skalleberg in Hjo Municipality, consist of ten wind turbines of the models Vestas V90 and V100 with a total capacity of 18.4 MW.

The transaction includes a total of four wind farms consisting of 29 wind turbines, of which the investors took over the first three wind farms comprising of 19 wind turbines in January. The purchase price for the four wind farms totals EUR 95 million, all of which now have been obtained.

As part of the agreement, Eolus will deliver technical services to ewz during twelve years and administrative services during four years concerning all 29 wind turbines.

For further information contact:
Per Witalisson, CEO, +46 10 199 88 02
Johan Hammarqvist, head of communications, +46 10 199 88 10

Eolus Vind AB discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication on March 4th 2015 at 3 PM.

About Eolus:
Eolus Vind AB is one of the leading wind power developers in Sweden. Eolus is active in the entire value chain from development of green field projects to construction and operation of wind farms. Eolus offers attractive and competitive investments in the Nordic and Baltic countries to both local and international investors. Founded in 1990, Eolus has constructed nearly 470 wind turbines of the approximately 3 000 wind turbines operating in Sweden. The Eolus Group currently owns and operates an installed capacity of 68 MW with a yearly electricity production of 167 GWh. Eolus Vind AB has approximately 3 000 shareholders. Eolus shares are listed at NASDAQ Stockholm.

For more information about Eolus, please visit www.eolusvind.com


150304 Press release Eolus transaction with ewz and Aquila has been finalized.pdf