Conditions for first part of the transaction between Eolus and ewz fulfilled
Eolus Vind AB
Company Announcement
Conditions for first part of the transaction between Eolus and ewz fulfilled
Hässleholm, 2015-01-20 15:15 CET (GLOBE NEWSWIRE) --
All conditions for the completion of the first part of the transaction that
Eolus has signed with ewz regarding the sale of 29 wind turbines have been
fulfilled and the buyer have taken over the wind farms Ramsnäs, Alered and
Mungseröd.
In conjunction with the takeover Eolus have received EUR 56 million of the
total purchase amount of 95 million.
The fourth wind farm, Skalleberg, is under construction and the buyer ewz will
take over the wind farm as soon as it is completed, which is scheduled to be
during the first calendar quarter of 2015.
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 January 20th at 3.15 PM.
About Eolus:
Eolus Vind AB is one of the leading wind power developers in Sweden. Eolus is
active in the whole 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 88 MW and a
yearly electricity production of 232 GWh. Eolus Vind AB has approximately 3 000
shareholders. Eolus shares are listed at NASDAQ OMX First North Premier in
Stockholm with Erik Penser Bankaktiebolag as certified adviser.
For more information about Eolus, please visit www.eolusvind.com
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