Permitting and regulatory risk
Wind and solar projects require environmental and local approvals, and delays can postpone revenue and increase costs.
- Scope
- Project development pipeline
- Materiality
- high
Arise
Arise is a Swedish renewable energy company focused on the development, construction, ownership and operation of wind and solar power projects. Its business also includes project rights, grid connection arrangements and the management of a portfolio of renewable electricity assets, primarily in the Nordic region.
79
34,5 %
95,1 %
3,7 %
+4,3 %
1.06
1.06
| % | |
|---|---|
| Wind power development and operations | 45% Development, ownership and operation of onshore wind projects and wind farms. |
| Solar power development and operations | 20% Development, ownership and operation of solar power projects and solar parks. |
| Project portfolio and rights | 20% Project rights, land access, permits and development-stage renewable projects. |
| Electricity production and related services | 15% Sale of electricity generated from owned renewable assets and related balancing activities. |
Arise sells into the power market through electricity production and also works with counterparties involved in...
- Electricity market counterpartiesprimary
Buy renewable electricity generated from Arise-owned wind and solar assets, typically through market sales or hedging structures.
- Project partners and co-investorsprimary
Participate in development, ownership or financing of renewable projects and buy into project value creation.
- Landowners and site-rights counterpartiessecondary
Provide land access, easements or project site rights needed to develop wind and solar projects.
- Infrastructure and grid counterpartiessecondary
Support grid connection, permitting and technical integration required to bring projects online.
- Asset buyers and strategic investorssecondary
Acquire project rights or development-stage assets when Arise monetizes parts of its portfolio.
Arise is headquartered in Sweden and its reporting references operations in the Nordic renewable energy market...
- •Headquartered in Sweden with Nordic operating base
- •Project activity includes Finland through Pohjan Voima
- •Business depends on local permitting and grid access
- •Power sales are exposed to Nordic electricity markets
- •Site quality and weather vary materially by location
Arise’s strategy centers on building a portfolio of renewable projects and converting development rights into operating...
01
Grow the wind and solar project portfoliomedium-term
A larger pipeline increases future operating assets and monetization opportunities.
02
Maintain control over project executionshort-term
Permitting, grid access and procurement determine whether projects can be delivered on time and on budget.
03
Optimize value from owned renewable assetsmedium-term
Operating assets provide recurring electricity production and can support long-term cash generation.
Arise is exposed to permitting, technology, market and weather-related risks that are typical for renewable project...
Electricity price risk
Revenue from power production depends on market prices and hedging outcomes.
- Scope
- Nord Pool and Nordic power markets
- Materiality
- high
Financing and interest rate risk
Renewable projects are capital intensive and depend on access to funding and acceptable borrowing costs.
- Scope
- Project development and asset ownership
- Materiality
- high
Weather and resource variability
Wind speed, solar irradiation and seasonal conditions directly affect generation volumes.
- Scope
- Owned wind and solar assets
- Materiality
- medium
Project execution and counterparty risk
Development depends on landowners, contractors, grid operators and acquisition counterparties.
- Scope
- Project portfolio and acquisitions
- Materiality
- medium
Asset acquisition accounting
Acquisitions such as Pohjan Voima and Fenix Repower were assessed as asset acquisitions
Derivative fair value accounting
Hedging instruments may create gains or losses in each reporting period
Contingent liabilities and guarantees
Project-related obligations can affect perceived leverage and risk
Impairment testing of production assets
Changes in assumptions can trigger impairment charges
: 11/08/2026