EnergyWatch

Swedish wind developer delivers solid Q3 following sale

Swedish wind farm developer Arise has turned a deficit into profit following the sale of two wind energy projects.

Photo: Vestas

Swedish wind farm developer Arise exited the third quarter with a profit of SEK 53 million (EUR 5.16 million), an outcome significantly helped along by the sale of two wind farm projects Bröcklingbjerget at 45 MW and Envikberget at 37 MW.

For comparison, the company booked a deficit of SEK 173 million in the same period last year.

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