Swedish wind developer cuts last dead weight from 2019
An adjusted profit of SEK 52 million or a realized deficit of roughly SEK 250 million. 2029 was a historically fine year for Arise's operating income, but the ghosts of the past continue to haunt. Now Arise has severed the worst-performing parts of its business and reduced its debt to less than SEK 1 billion.
The spirits of blunders past are still vexing Swedish wind energy developer Arise, which is moving forward in a period as it focuses on developing its business while cleaning up its cabinet of horrors.
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