Arise has completed the divestment of the battery project Pajkölen

Arise AB (publ) (“Arise”) has today completed the divestment of Pajkölen BESS AB to Flower Infrastructure Technologies AB. The divestment was announced on 19 September 2024 and closing was conditional upon certain approvals from authorities that has now been received. For more information about the divestment, see the announcement on 19 September 2024.

Halmstad 4 November 2024

ARISE AB (publ)                                                                                       

For further information, please contact:

Per-Erik Eriksson, CEO Arise AB, +46 702 409 902

Markus Larsson, CFO Arise AB, +46 735 321 776

This information was submitted for publication, through the agency of the contact persons set out above, at 12.00 CET on 4 November 2024.

About Arise

Arise is  a leading independent company that realises new green energy. The company develops, builds, sells and manages renewable electricity production. The company is listed on Nasdaq Stockholm.

Arise AB (publ), Linjegatan 7, SE-301 50 Halmstad, Sweden, telephone 46 (0)10 450 71 00, corporate id .no. 556274-6726. E-mail info@arise.se, www.arise.se