Arise AB (publ) (“Arise”) is a Swedish renewable energy company, the business concept is to develop, build and manage onshore wind farms on behalf of investors and its own account.
Arise is Creopretiumʼs first investment project since launch. Creopretium including related parties controls approximately one percent of the capital and votes.1 Creopretium has no board representation but has an active dialogue with the board of directors, other key shareholders and the management team.
Key Summary Arise Investment Project
Opportunistic with value add to active ownership
Change management; strategic recalibration, turnaround
Realised total return
Industry trading conditions (2015–2017)
Challenging with distress
Industrial advisor in Creopretiumʼs network
Sourcing, research and underwriting
Equity, common stock
Quota value per share
Voting right (common stock)
One vote per share
Approximately one per cent of the capital and votes1
Industry group (GICS)
55105020 Renewable electricity
Articles of association
Magnus Willfors, PricewaterhouseCoopers
Average return on equity over three and six years amounts to –6.6% and –3.9% respectively. The most important task for the CEO Daniel Johansson is to address an unsatisfactory profitability with the goal of making Arise best-in-class in terms of return on equity.
Against the backdrop of poor historical shareholder return, Creopretium as a local operating partner has proposed strategic initiatives including a number of measures for implementation, with the ultimate goal of raising risk-adjusted return on equity and enhance shareholder value.3
Cumulative total shareholder return to 9 November 2017
since 24 March 2010
since 9 October 2014
since 18 January 2016
Arise AB (publ)
Eolus Vind AB (publ)
SIX Return Index
Source: Creopretium, Infront.
24 March 2010; first day of trading in Arise common stock on the NASDAQ Stockholm Exchange following IPO.
9 October 2014; refined strategy declaration, please refer to press release from Arise AB (publ), “Revised target”.
18 January 2016; Daniel Johansson took office as CEO of Arise AB (publ).
9 November 2017; Arise share price (close) SEK 13.35.
1 Including related parties. Source: Arise AB (publ) voting list from the 2016 AGM.
2 Fact sheet Arise AB (publ). Source: NASDAQ, Morningstar.
3 “Open Letter to the Board of Directors of Arise AB (publ)”, 29 March 2016, Creopretium AB.