Latest news with #JonasGamre
Yahoo
30-04-2025
- Business
- Yahoo
Aker Horizons ASA: Invitation to presentation of first-quarter results 2025
FORNEBU, Norway, April 30, 2025 /PRNewswire/ -- Aker Horizons (OSE: AKH) will publish its financial results for the first quarter 2025 on Thursday 8 May 2025, at 07:00 CEST. An online presentation of the results will be held on the same day at 08:30 CEST. Date: Thursday 8 May 2025Time: 08:30 CESTLanguage: EnglishLink: Questions can be submitted prior to and during the presentation to ir@ For further information, please contact:Jonas Gamre, Investor Relations, Tel: +47 97 11 82 92Email: Ektvedt, Media, Tel: +47 41 42 33 28Email: About Aker Horizons Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five This information was brought to you by Cision View original content: SOURCE Aker Horizons Sign in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
Mainstream Renewable Power sells 675 MW Colombian portfolio to Celsia
FORNEBU, Norway, April 22, 2025 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar company majority-owned by Aker Horizons ASA, announced that it has sold its 675 MW portfolio of wind and solar assets under development in Colombia to Celsia, a local energy company, part of the Argos Group. The divestment marks Mainstream's exit from the Colombian market. The assets, which Mainstream has been developing since 2019, comprise three solar projects and two wind projects; the 100 MW Andromeda solar farm, the 175 MW Aries solar farm, the 100 MW Pollux solar farm as well as the 150 MW Neptuno and 150 MW Sirius wind farms. The transaction aligns with the company's updated and more focused strategy, concentrating on developing its pipeline of projects primarily in three core markets where it sees the greatest potential for value creation – South Africa, Australia, and the Philippines – and creating value through strong project execution, a lean cost base and capital efficiency, including capital recycling. For further information, please contact:Jonas Gamre, Investor Relations, tel: +47 97 11 82 92,email: Mats Ektvedt, Media, tel: +47 41 42 33 28,email: About Aker Horizons Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. About Mainstream Renewable Power Mainstream Renewable Power is a leading pure-play renewable energy company with wind and solar assets across Europe, Latin America, Africa, and Asia-Pacific. Mainstream is one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation. The company has successfully delivered 6.6 GW of wind and solar generation assets to financial close-ready and has a global project portfolio of 22.7 GW. This information was brought to you by Cision View original content:
Yahoo
03-04-2025
- Business
- Yahoo
New funding arrangements for Mainstream finalized
FORNEBU, Norway, April 3, 2025 /PRNewswire/ -- Aker Horizons ASA ("Aker Horizons") has agreed on new funding arrangements for Mainstream Renewable Power ("Mainstream") with DNB ASA ("DNB") and co-shareholder Mitsui & Co., Ltd. ("Mitsui"). The new funding will enable Mainstream to deliver on its updated and more focused strategy, concentrating on developing its pipeline of projects primarily in three core markets where it sees the greatest potential for value creation – South Africa, Australia, and the Philippines – and creating value through strong project execution, a lean cost base and capital efficiency. In 2023, Mainstream secured a corporate facility of up to USD 220 million with DNB, supported by shareholders. Aker Horizons' share of the sponsor commitment is 58.4% of the maximum facility size, equivalent to USD 129 million. This amount will be provided to Mainstream as a shareholder loan, disbursed in phases: USD 75 million will be provided in April 2025, while the remaining USD 53 million will initially be provided through an extended letter of credit facility expected to be converted to shareholder loans in 2025 and 2026. Additionally, new funding for Mainstream has been agreed upon in the form of a shareholder loan facility of up to EUR 64 million provided pro-rata 70% by Aker Horizons and 30% by Mitsui, along with a letter of credit facility with DNB of up to EUR 64 million, also backed pro-rata by Aker Horizons and Mitsui. Both facilities may be drawn until maturity at year-end 2026, with drawdowns contingent on reaching agreed milestones under Mainstream's updated strategy. For further information, please contact:Jonas Gamre, Investor Relations, tel: +47 97 11 82 92,email: Ektvedt, Media, tel: +47 41 42 33 28,email: About Aker Horizons Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. About Mainstream Renewable Power Mainstream Renewable Power is a leading pure-play renewable energy company with wind and solar assets across Europe, Latin America, Africa, and Asia-Pacific. Mainstream is one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation. The company has successfully delivered 6.6 GW of wind and solar generation assets to financial close-ready and has a global project portfolio of 22.7 GW. This information was brought to you by Cision View original content: Sign in to access your portfolio
Yahoo
11-02-2025
- Business
- Yahoo
Aker Horizons ASA: Invitation to presentation of fourth-quarter results 2024
FORNEBU, Norway, Feb. 6, 2025 /PRNewswire/ -- Aker Horizons (OSE: AKH) will publish its financial results for the fourth quarter 2024 on Thursday 13 February 2025, at 07:00 CET. An online presentation of the results will be held on the same day at 08:30 CET. Date: Thursday 13 February 2025 Time: 08:30 CET Language: English Link: Questions can be submitted prior to and during the presentation to ir@ For further information, please contact: Jonas Gamre, Investor Relations, Tel: +47 97 11 82 92Email: Mats Ektvedt, Media, Tel: +47 41 42 33 28Email: About Aker Horizons Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. This information was brought to you by Cision View original content: SOURCE Aker Horizons
Yahoo
27-01-2025
- Business
- Yahoo
Aker Carbon Capture ASA announces that SLB Capturi and Aker Solutions win contract to deliver carbon capture solution for Hafslund Celsio
FORNEBU, Norway, Jan. 27, 2025 /PRNewswire/ -- Aker Carbon Capture (ACC ASA), an Aker Horizons portfolio company, today announced that SLB Capturi, in collaboration with Aker Solutions, has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from Hafslund Celsio AS to deliver a carbon capture solution at their waste-to-energy facility at Klemetsrud, Oslo. Hafslund Celsio is Norway's largest district heating supplier and the owner and operator of Norway's largest waste-to-energy plant. Hafslund Celsio's carbon capture project is part of Longship, the Norwegian Government's full value-chain carbon capture and storage project. The contract award includes delivery of a carbon capture plant, liquefaction system, temporary storage, and loading facility at the waste incineration site. It also includes an intermediate CO2 storage and ship loading system at Oslo harbor, from where the CO2 will be transported to the Northern Lights permanent storage facility on the Norwegian continental shelf. When operational, which is anticipated by third quarter, 2029, the carbon capture plant is expected to capture 350,000 metric tons of CO2 annually. The EPCIC award follows a cost reduction phase for Hafslund Celsio's project, which identified opportunities for efficiencies, including layout optimization. Innovative capture technology design enables the project to move forward. The project will now be delivered based on SLB Capturi's modularized Just Catch 400 unit. The space-efficient Just Catch design has been fundamental to enabling a viable, cost-effective solution by reducing onsite footprint, installation, and outfitting work. For further information, please contact:Jonas Gamre, Investor Relations, Tel: +47 97 11 82 92, Mats Ektvedt, Media, Tel: +47 41 42 33 28, About Aker Horizons: Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five About Aker Carbon Capture Aker Carbon Capture ASA was established as a separate entity in 2020, building on more than 20 years long experience and maturation of the carbon capture technology within Aker. Following an agreement with SLB, a joint venture between SLB and Aker Carbon Capture was established in June 2024. The JV, SLB Capturi, is headquartered in Oslo, with SLB owning 80% and Aker Carbon Capture ASA owning 20%, two strong companies with proven track record of building successful industrial businesses positioned for substantial growth. This information was brought to you by Cision View original content: SOURCE Aker Horizons Sign in to access your portfolio
