Eolus has completed wind farms Gunillaberg and Lunna in Jönköping and Askersund municipalities. All conditions for the completion of the transaction between Eolus and the German asset- and investment manager KGAL regarding the sale of the wind farms comprising 15.4 MW have been fulfilled and the buyer has taken over the facilities.
In December 2016 Eolus signed an agreement with KGAL regarding the sale of the two wind farms Gunillaberg and Lunna in southern Sweden comprising seven Vestas V100 2.2 MW wind turbines. Gunillaberg comprises four wind turbines and Lunna comprises three wind turbines. All conditions for the fulfillment of the transaction regarding the turn key wind farms have been met, payment have occurred and the buyer has taken over the facilities.
Eolus will deliver asset management services for the wind farms.
For further information contact:
Per Witalisson, CEO, +46 10 199 88 02
Johan Hammarqvist, head of communications, +46 10 199 88 10
The information in this press release is disclosed pursuant to the EU Market Abuse Regulation. The information was released for public disclosure through the agency of head of communication Johan Hammarqvist on August 31st 2017, at 4 PM CET.
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 500 wind turbines of the approximately 3 300 wind turbines operating in Sweden. The Eolus Group currently owns an installed capacity of 17 MW and a yearly electricity production of 38 GWh. Eolus operates approximately 350 MW for customers and the company itself.
Eolus Vind AB has approximately 5 800 shareholders. Eolus shares are listed at Nasdaq Stockholm.
For more information about Eolus, please visit www.eolusvind.com
Attachments:
http://www.globenewswire.com/NewsRoom/AttachmentNg/6ccc52b9-8ff3-4646-98e5-ee3869e72787


Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers
Ukrainian Drones and the #MadeByHousewives Movement: Kyiv Fires Back at Rheinmetall CEO
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding?
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook
Star Entertainment Secures $390M Refinancing Deal to Stabilize Operations
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure
Luxury Car Sales in the Middle East Take a Hit Amid Iran War
First Western Ship Transits Strait of Hormuz Since Iran War Began
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate 



