Eolus secures financing totaling SEK 1 050 million
Hässleholm, Sweden, September 26, 2018
Eolus has signed credit facilities with Swedbank and secured financing for the next four years.
The credit agreement that has been signed with Swedbank comprises liquidity and construction facilities totaling SEK 1 050 million with a tenor of four years. The agreement secures financing for Eolus expansion in the coming period, both regarding financing of ongoing and upcoming projects under construction, as well as ensuring good liquidity in the daily operations.
For further information contact:
Per Witalisson, CEO, +46 10 199 88 02
Catharina Persson, CFO, +46 (0)10-199 88 17
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 September 26, 2018, at 1 PM CET.
Eolus Vind AB is one of the leading wind power developers in the Nordics. 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 more than 540 wind turbines of the approximately 3 400 wind turbines operating in Sweden. Eolus operates more than 400 MW on behalf of customers.
Eolus Vind AB has about 7 900 shareholders. Eolus shares are listed at Nasdaq Stockholm.
For more information about Eolus, please visit www.eolusvind.com