Arise sells 2 wind farms to TRIG and InfraRed in Sweden

Arise announces the sale of the Ranasjö and Salsjöhöjden wind farms in Sweden to TRIG and InfraRed, investment companies.|Arise announces the sale of the Ranasjö and Salsjöhöjden wind farms in Sweden to TRIG and InfraRed, investment companies.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Arise announces the sale of the Ranasjö and Salsjöhöjden wind farms in Sweden to TRIG and InfraRed, investment companies.
Closing of this contract is contingent on the prior conclusion of definitive agreements for the construction of the wind farm projects.

Arise sells 242 MW of wind power

The transaction between renewable electricity producer Arise and investment companiesThe Renewables Infrastructure Group Limited (TRIG) and InfraRed will involve a project portfolio of 242 MW.
This includes the unbuilt Ranasjö and Salsjöhöjden wind projects in Sweden.
The sale is expected to be completed by the end of June 2021.
For this sale, Arise will receive a fixed consideration of 8.5 million euros.
Subsequently, a variable consideration of 11.6 million euros is expected to be paid once the projects are completed.

Expected earnings of SEK 140 million between 2021 and 2024

Thanks to this sale, the company should receive a profit of around SEK 140 million, or €14 million, between 2021 and 2024.
In the second quarter of 2021 alone, revenues are expected to amount to SEK 45 million.
However, these profits and considerations may vary depending on the delivery of the projects.

Projects initiated by Arise and NordanVind Vindkraft

To complete this transaction, Arise will acquire the shares in the Ranasjö and Salsjöhöjden wind farm projects through an option agreement with NordanVind Vindkraft.
Arise and NordanVind Vindkraft have been the initiators of these wind farms for the past three years.
The rights to these projects are currently held by Krange Vind AB.

A wind farm up and running by 2024

Arise will be responsible for the construction and management of these projects on behalf of TRIG and InfraRed.
This work will be carried out under a construction and asset management agreement.
Construction of these projects is scheduled to start in 2021 and be completed in 2024. Siemens Gamesa will participate in the construction by supplying 39 turbines, each rated at 6.2 MW.
The sale of two wind farms has strengthened Arise’s economic prospects.
This transaction brings its asset management portfolio to 1,350 MW.

During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.
MPs rejected in the Finance Committee the removal of tax benefits on B100 and Superethanol-E85 proposed in the 2026 budget bill, deferring the measure to the plenary debate.
The two partners finalise agreements to industrialise an eMethanol production site in Umeå, with commissioning scheduled for 2028 and a target of capturing 150,000 tonnes of CO₂ annually.
Brazilian producer Sigma Lithium has been included in a thematic index by Morgan Stanley grouping US-listed companies considered essential to national security and strategic supply chains.
The rise of data centres, electrification, Asian industrialisation and military spending are reshaping global copper market dynamics, while insufficient mining investment could increase price volatility.
Energy logistics firm Exolum launches the UK’s first independent sustainable aviation fuel blending site, supporting a nationwide network expected to supply up to 65,000 flights per year.
French biofuel stakeholders denounce a tax hike on B100 and E85 announced in the 2026 draft budget, which they say threatens their income and the industrial balance of local areas.
Ahead of COP30, four major economies commit to regulating the increase in sustainable fuel production and consumption by 2035.
The 2026 draft budget proposes eliminating tax incentives for B100 and E85 fuels, prompting opposition from agricultural unions concerned about the economic impact on the biofuel sector.
Airlines for Europe warns of insufficient sustainable fuel production in Europe and requests a delay in regulatory obligations if the European Commission does not act swiftly.
Spanish producer Moeve becomes the first external SAF supplier to join Shell’s blockchain-based platform designed to expand low-emission jet fuel adoption.
LIFT Power has completed the first phase of baseline studies for the Yellowknife lithium project, a key step toward permitting and long-term mine planning.
Global demand for biofuels is driving a sharp increase in used oil imports to Europe and the United States, straining global feedstock supply chains, according to the International Energy Agency.
Singapore’s gasoil and kerosene inventories reached a three-month high after a sharp weekly drop in net exports, supported by a marked increase in imports from Northeast Asia.
Trader Alkagesta opens a new biofuels trading desk in Geneva, targeting European market growth and consolidating its investments in alternative fuels.
The Indonesian government plans to mandate a 10% bioethanol blend in gasoline to reduce fuel imports and support the local ethanol industry.
California lifts its ban on E15 fuel, opening its vast market to the ethanol-gasoline blend in a bid to lower prices and expand consumer options.
Kinshasa replaces export ban with a quota system covering just half of its output, triggering a price surge and global supply tensions.
India holds a surplus of ethanol that could support SAF production, but unclear sugarcane feedstock rules limit commercial development.
Italy’s competition authority has fined six oil companies nearly €1bn for colluding on bioethanol pricing between 2020 and 2023, including a €336mn penalty for Eni.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.