Arise and SCA cooperate in development of approx. 1,000 MW of wind power
Arise AB today entered into a partnership agreement with SCA, Europe's largest private forest owner, regarding the development of onshore wind power on parts of SCA's land in Sweden. The... Arise and SCA (publ) have entered into a partnership agreement with SCA, the largest private forest owner in Sweden, regarding the development of onshore wind power on parts of SCA's land in the company's core markets. The partnership is part of Arise's efforts to deepen cooperations with landowners in its core markets and is aimed at developing and constructing new wind power. Arise has identified six concrete land areas with an estimated total potential of approximately 1,000 MW. The companies will cooperate in the development phase of the projects, which Arise will have a 49% ownership in once they reach ready-to-build status. The projects will be included in Arise' project portfolio as early-stage projects.
发表 : 2年前 经过 MarketScreener 在 Finance Environment
(publ) ("Arise") today entered into a partnership agreement with SCA, largest private forest owner, regarding the development of onshore wind power on parts of SCA's land in .
The development partnership with SCA is another step in Arise' focus to deepen cooperations with landowners in the company's core markets with the aim developing and constructing new wind power. Arise and SCA have identified six concrete land areas with an estimated total potential of approximately 1,000 MW. The identified land areas are believed to have good prospects to realize projects on during the coming 5 - 10 years and contribute to meeting the increasing demand for renewable energy in . The companies will cooperate in the development phase of the projects, which Arise will have a 49% ownership in once they reach ready-to-build status. The projects will be included in Arise' project portfolio as early-stage projects.
"We are obviously very happy and proud to start a development partnership with SCA. The scope of this partnership implies that we will contribute significantly to the energy transition. It is my firm belief that together we have an exceptionally strong platform to develop onshore wind power in larger scale, which also is of benefit for Swedish industry's competitiveness".
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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.
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