It is primarily used for ice hockey, and is the home arena of Färjestad BK.

It opened in 2001 following a complete overhaul and major expansion of the previously existing arena Färjestads Ishall.

Other notable music artists and groups who have performed at the arena include Elton John, Bob Dylan, John Fogerty, Bryan Adams, Dolly Parton, Rod Stewart, Motörhead and Judas Priest.

On 30 September 2009 Färjestad BK faced off against the NHL's Detroit Red Wings in an exhibition match from the arena, losing 6–2.

[1] Media related to Löfbergs Arena at Wikimedia Commons