Aneo to acquire Arise for SEK1.8bn.

Aneo, a Nordic renewable energy company, agreed to acquire Arise, a Swedish independent renewable energy company, for SEK1.8bn. “Aneo and Arise are both driving forces in the Nordic energy transition. By combining these forces, we create a leading Nordic player in renewable energy. For Arise, this means access to long-term industrial capital and expertise that can unlock the full potential of their platform. For Aneo, it means completing our value chain with strong commercial project development, third-party asset management and a strong presence in new markets. Together, we gain scale, geographic breadth and the expertise to compete with the largest players in the Nordic energy market,” Gunnar Hovland, Aneo CEO.