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Eolus signs agreement with E.ON regarding grid connection for the wind farms Kråktorpet and Nylandsbergen

Eolus Vind AB
Other information disclosed according to the rules of the Exchange

Eolus signs agreement with E.ON regarding grid connection for the wind farms
Kråktorpet and Nylandsbergen

Hässleholm, Sweden, 2018-01-09 08:30 CET (GLOBE NEWSWIRE) -- 


Eolus has signed an agreement with E.ON Elnät regarding grid connection for the
wind farms Kråktorpet and Nylandsbergen in Sundsvall municipality. The
agreement covers wind farms with 61 wind turbines with an installed capacity of
232 MW. 

On December 23, 2017, Eolus announced, through a press release, a sales
agreement with Aquila Capital regarding wind farms Kråktorpet and Nylandsbergen
comprising 232 MW. Eolus have signed a turbine supply agreement with Vestas for
both wind farms and a balance of plant contract with Veidekke which includes
roads, crane pads, foundations, internal electrical grid and communication
network. 

Eolus now has signed an agreement with E.ON regarding grid connection for
Kråktorpet and Nylandsbergen. The wind farms are expected to be commissioned
during the second half of 2019. 

Both Kråktorpet and Nylandsbergen are located close to wind farm Jenåsen which
Eolus currently is constructing in Sundsvall municipality. Jenåsen comprises 23
wind turbines with an installed capacity of 79 MW. The investments made in the
grid with, among other things, a new national grid substation in Nysäter to
connect Jenåsen have been necessary to connect both Kråktorpet and
Nylandsbergen to the grid. 


For further information contact:
Per Witalisson, CEO, +46 10 199 88 02
Johan Hammarqvist, head of communications, +46 10 199 88 10

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 more than 500
wind turbines of the approximately 3 400 wind turbines operating in Sweden. The
Eolus Group currently owns an installed capacity of 18 MW and a yearly
electricity production of 40 GWh. Eolus operates approximately 350 MW for
customers and the company itself. 

Eolus Vind AB has approximately 6 600 shareholders. Eolus shares are listed at
Nasdaq Stockholm. 

For more information about Eolus, please visit www.eolusvind.com

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