Arise To Invest $196 Million in Sweden Wind If Prices Recover

Arise Windpower AB (AWP), a Swedish wind developer, will invest 1.3 billion kronor ($196 million) in a Swedish project it agreed to buy from Ownpower Projects AB, provided electricity and certificate prices recover. Arise plans to build 28 of the 40 turbines on the 84- megawatt project “once electricity and certificate prices have recovered somewhat […]

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Sweden plans big infrastructure spend to boost growth

Sweden announced plans on Wednesday to invest an additional 85.5 billion crowns ($13 billion) in infrastructure projects over the coming decade as it looks to boost long-term growth. The centre-right government said the investment planned for the years 2014 to 2025 would include a high-speed train line between Stockholm and the city of Linkoping, 200 […]

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In Crisis, a Rare Swede Spot

STOCKHOLM—Sweden’s economy, bolstered by solid exports and healthy consumer spending, is picking up considerable steam even as many of its European neighbors gasp for breath amid the struggle to contain the euro-zone debt crisis. Sweden’s second-quarter economic output data, released Monday, significantly outpaced expectations, further solidifying the Northern European country’s reputation as a haven in […]

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