Annual Report

Annual Report 2024

With a growing project portfolio, solid financial performance and a clear focus on sustainability, Arise is well positioned for the future. Discover how we are driving the energy transition in our 2024 annual and sustainability report.

321 GWh

Production

40 MW

Project sales / FID

470 MSEK

Net sales

226 MSEK

EBITDA

Highlights

Year in review

2000 MW of new projects
Lebo completed
Share buyback
Ranasjö- and Salsjöhöjden completed
Subsidiary Pohjan Voima enters into cooperation agreement with Finsilva
Divestment of battery project

2000 MW of new projects

During the year, Arise posted strong growth in its project portfolio, which increased by a total of 2,000 MW, laying the foundation for future project sales.

Projects

Lebo completed

The company’s own wind farm Lebo was completed and taken into commercial operation. Lebo adds another 90 GWh to the company’s own production.

Lebo

Share buyback

On the back of the company’s strong financial position, the opportunity to increase shareholder value was again utilised through a buyback programme of a maximum of MSEK 50.

Ranasjö- and Salsjöhöjden completed

The wind farm Ranasjö- and Salsjöhöjden was taken over in commercial operation and Arise received an earnout of MEUR 6.6.

Subsidiary Pohjan Voima enters into cooperation agreement with Finsilva

Arise’s subsidiary Pohjan Voima entered into a cooperation agreement with Finsilva, one of Finland’s largest landowners. Together, they have identified five new project areas with the conditions for developing approximately 500 MW of wind and solar power.

Divestment of battery project

Arise completed the divestment of the Pajkölen battery project of 40 MW. This was the company’s first transaction in energy storage. The buyer was Flower Infrastructure Technologies AB.

CEO statement

"2024 ends with satisfactory earnings and strong growth. The company continues to demonstrate strength by repeating strong earnings even in challenging markets."

Per-Erik Eriksson, CEO Arise AB

Sustainability Report

Highlights from a year of progress in renewable energy, stakeholder engagement and sustainable development.

Strengthened stakeholder dialogue and collaboration across the value chain
2.13 million tonnes CO₂ avoided through renewable energy production
Continued focus on climate impact, biodiversity and circular resource use
First project sale in energy storage – supporting a broader energy transition

Sustainability Report 2024

Our strategy

Driving Growth Through Innovation

Discover how we combine technology, experience and long-term perspectives to drive the energy transition

Projects

From Vision to Reality

Explore the project portfolio that reflects our long-term focus on sustainable energy solutions

Investors

Insights for Long-Term Value

Access reports, key figures and strategic updates