LAHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
Arise Windpower AB (publ) has signed an agreement with Nordea Bank AB (publ) for loan financing of the Idhult wind power project in the municipality of Mönsterås. The project encompasses 8 wind turbines with an aggregate effect of 16 MW. The wind turbines are constructed and in test operation.
Halmstad 4 February 2011
ARISE WINDPOWER AB (publ)
The above information is such that Arise Windpower AB (publ) is required to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 4 February at 07.30 am.
About Arise Windpower
Arise Windpower is one of Sweden's leading land-based wind power companies. Arise Windpower's business concept is to sell electricity produced by its own land-based wind turbines in southern Sweden. The company's goal is to commission approximately 300 wind turbines by 2014 which will produce around 2 TWh of environmentally friendly electricity per year. Arise Windpower is listed on NASDAQ OMX Stockholm.
Arise Windpower AB (publ), Box 808, 301 18 Halmstad, tel. +46 35 20 20 900, org.nr. 556274-6726 E-mail: info@arisewindpower.se, www.arisewindpower.se
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