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2017-02-02

Rabbalshede Kraft AB: Greystone Infrastructure Fund partners with Manor Group in Swedish renewable energy platform, Rabbalshede Kraft

TORONTO and LUXEMBOURG (February 2, 2017) - The Greystone
Infrastructure Fund ("Greystone"), managed by Canadian institutional
fund manager Greystone Managed Investments Inc., and Manor Group
today announced that Greystone has acquired an equity interest in
Rabbalshede Kraft AB (publ) ("Rabbalshede Kraft"), an established
developer and operator of wind projects based in Sweden.

Formed in 2005, Rabbalshede Kraft is a renewable power producer that
owns and operates 71 turbines across 8 proprietary wind farms and
manages a total of 334 MW across 139 wind turbines.

"Greystone's investment in Rabbalshede Kraft provides scalability for
future deployment of capital on behalf of our institutional investors
and establishes a strategic foothold in the Nordic renewable market,"
said Jeff Mouland, head of Greystone's infrastructure strategy.
"Investing in quality, mid-market assets that can provide our
investors with a mix of long term cash yield and capital appreciation
is a key focus of Greystone's investment strategy. We are delighted
to be working alongside the Rabbalshede Kraft team and look forward
to our strategic partnership with Manor Group going forward."

Manor Group, Rabbalshede Kraft's majority shareholder, is a leading
sustainability investor active in energy and agriculture technologies
in 15 geographies worldwide. "This investment by an investor of the
quality of Greystone is a testimony to the quality of the work done
over the last decade by the team, board and founders of Rabbalshede
Kraft. The Company will be stronger with Greystone on board. Manor
Group is looking forward to developing a strategic partnership with
Jeff and the team at Greystone. This is another milestone in Manor's
mission to support the transformation of industries towards higher
sustainability and resource efficiency," said Jean Baptiste
Oldenhove, Managing Director of Manor Group.

"We are very happy to welcome Greystone as a new investor in
Rabbalshede Kraft. This partnership will definitely strengthen the
shareholder base and bring additional competence and an international
perspective to the company", said Håkan Frick, acting CEO of
Rabbalshede Kraft.

In connection with Greystone's investment, Jeff Mouland has been
appointed to Rabbalshede Kraft's Board of Directors. Jean Baptiste
Oldenhove will continue in his role on the Board of Directors.

Vid ytterliga frågor, vänligen kontakta:

Greystone Managed Investments Inc.
Anne Bilczuk, CPA, CGA
Senior Vice-President, Branding & Communications
Tel: +1 (306) 501-1823 (mobile)
Tel: +1 (306) 779-6153 (direct)
Fax: +1 (306) 585-1570
Email: anne.bilczuk@greystone.ca
www.greystone.ca

Manor Group
Stephanie Pittino
Communications
Tel: +352 (0) 26 4977-106
Tel: +44 (0) 20 7317-0508
Email: info@manor-group.com www.manor-group.com
Rabbalshede Kraft
Britta Ersman
Finance and IR Manager
Tel: +46 (0) 702-797943(direct)
Email: britta.ersman@rabbalshedekraft.se
www.rabbalshedekraft.se

About Greystone Infrastructure Fund and Greystone Managed Investments
Inc.

The Greystone Infrastructure Fund has a global mandate that targets
diversified mid-market infrastructure assets with attractive
risk-adjusted returns, capable of providing predictable and stable
cash flows over the long term. The Greystone Infrastructure Fund
forms part of the alternatives asset class managed by Greystone
Managed Investments Inc.

Founded in 1988, Greystone Managed Investments Inc. is a privately
owned Canadian institutional investment manager. Employee-controlled,
the firm is one of Canada's largest independent institutional money
managers[1] (http://connect.ne.cision.com#_ftn1) with over $30
billion in assets under management. Greystone offers in-house
expertise in fixed income, Canadian equities, U.S. equities,
international equities, infrastructure, and real estate and
mortgages. Greystone is headquartered in Regina, with offices in
Toronto, Winnipeg and Hong Kong. For more information about Greystone
Managed Investments Inc., visit https://www.greystone.ca/.

About Manor Group
Manor is a long term investor in the field of natural resource
efficiency. As a private industrial company, Manor provides
long-term development capital to entrepreneurs and industrial
projects. Manor's objective is to operate from a select number of
platform companies all geared towards a better and more efficient use
of energy and natural resources. Manor is active in clean energy in
France, Sweden and Austria and in agriculture technologies in 15
geographies. Follow the Company at www.manor-group.com

About Rabbalshede Kraft
Rabbalshede Kraft AB (publ) plans and establishes proprietary
land-based wind farms, in collaboration with other players or for
divestment whereby the Company is able to offer operating services.
Rabbalshede Kraft was formed in 2005 and currently manages 139 wind
turbines of which 71 turbines, in the eight wind farms, are in-house.
The electricity produced from the Company's wind farms in operation
is sold in the open electricity market, Nord Pool. Follow the
Company's progress at www.rabbalshedekraft.se

[1] (http://connect.ne.cision.com#_ftnref1) Top 40 Money Manager's
Report, Benefits Canada November 2016, based on Canadian pension
assets as at June 30, 2016.

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http://news.cision.com/rabbalshede-kraft-ab/r/greystone-infrastructure-f...
http://mb.cision.com/Main/224/2177840/622801.pdf

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