Swedish wind farm Anneberg completed and handed over to KGAL


Hässleholm, Sweden, January 9th, 2019

Eolus has completed wind farm Anneberg in Tidaholm municipality in accordance with the time table set. All conditions for the completion of the transaction between Eolus and KGAL regarding the sale of the wind farm comprising 11 MW have been fulfilled and the buyer has taken over the facility.

In December 2017, Eolus signed an agreement with KGAL regarding the sale of wind farm Anneberg, comprising 3 Vestas V136 3.6 MW wind turbines, and the sale of wind farm Sötterfällan comprising 10 Vestas V136 3,6 MW wind turbines. The agreement was made public through a press release on December 22nd, 2017. All conditions for the fulfillment of the transaction regarding the turn key wind farm Anneberg have been met, payment have occurred and the buyer has taken over the facility. Anneberg is the first commissioned wind farm in Sweden with Vestas V136 wind turbines.

Eolus will deliver asset management services for the Anneberg wind farm as well as Sötterfällan when that wind farm is completed and handed over to KGAL in the summer of 2019.

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 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 as well as the United States 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 8 200 shareholders. Eolus shares are listed at Nasdaq Stockholm.

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

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190109 Press release Swedish wind farm Anneberg completed and handed over to KGAL