(Aker, 16.Jul.2024) – Aker Horizons ASA announced results for the second quarter 2024. Aker Horizons’ net capital employed stood at NOK 7.1bn, an increase of NOK 1.9bn from the first quarter, mainly driven by a gain from the Aker Carbon Capture-SLB transaction. The company reported a cash position of NOK 3.1bn and an undrawn credit facility […]
Tag: Aker Horizons
Aker Horizons ASA Reports 3Q:23 Results
(Aker Horizons, 2.Nov.2023) — Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the third quarter of 2023. Aker Horizons’ net asset value stood at NOK 10.2bn as of 30 Sep. 2023. The company had a cash position of NOK 3.5bn and an undrawn credit facility of EUR 500mn, giving […]
Aker Horizons ASA: 4Q:22 Results
(Aker, 16.Feb.2023) — Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the fourth quarter 2022. Aker Horizons’ net asset value stood at NOK 15.1bn in the fourth quarter. The company had a cash position of NOK 4.1bn and an undrawn credit facility of EUR 500 million, giving […]
Aker and Statkraft to explore green hydrogen and ammonia in India and Brazil
(Aker Horizons, 26.Apr.2022, Words: 617) — Aker Horizons, through its portfolio company Aker Clean Hydrogen, and Statkraft have signed collaboration agreements to jointly explore opportunities for green hydrogen and ammonia production in India and Brazil, targeting local steel and fertilizer industries. The collaboration brings together Aker Clean Hydrogen, a global integrated hydrogen, ammonia […]
Aker Horizons Enters JV with Nordkraft to Develop Sites for Power-Intensive Industries
(Aker Horizons, 24.Apr.2022) — Aker Horizons ASA (OSE: “AKH”), through its wholly-owned subsidiary Aker Narvik AS, announced the agreement to establish a joint venture with Nordkraft AS to develop sites for power intensive-industries in Northern Norway. The venture is part of Aker Horizons’ project to establish a green industrial hub […]
Mainstream Renewable Inks Deal for 100 MW Solar Project in Colombia
(Mainstream Renewable, 1.Apr.2022) — Mainstream Renewable Power, a renewable energy company, has commercialised its first development in Colombia by signing a deal to supply 180 Gigawatt hours of clean energy each year in a private power purchase agreement (PPA). Mainstream will build the 100 MW Andromeda solar PV plant, located in Toluviejo, Colombia, to supply the electricity to Air-e, a Colombian energy distribution […]
Mainstream Renewable Inks €1bn Equity Investment Deal
(Mainstream Renewable, 19.Jan.2021) — Global wind and solar company, Mainstream Renewable Power, has signed an agreement with the renewable energy investment company Aker Horizons (a wholly owned subsidiary of Aker ASA) which will take a 75% equity stake in the company, subject to regulatory approval. The deal values Mainstream at […]