FORNEBU, Norway, Might 8, 2025/ PRNewswire/– Aker Horizons ASA AKH, a designer of green energy and market, today revealed outcomes for the very first quarter 2025. Aker Horizons’ net capital utilized stood at NOK 4.3 billion, a decline of NOK 1.7 billion from the 4th quarter, primarily showing the dividend paid by Aker Carbon Capture ASA (” ACC”) throughout the quarter and AKH’s share of lead to the portfolio business in Q1. The business reported a money position of NOK 4.1 billion and an undrawn credit center of EUR 500 million The credit center has actually given that ended and will not be extended.
Main advancements in the portfolio:
ACC paid the very first part of a NOK 3.5 bn dividend to investors in Q1
- A dividend payment of NOK 1.26 bn was gotten by AKH in March, NOK 0.26 bn in May
- ACC got an earn-out of NOK 71m from SLB associated to the Hafslund Celsio agreement award
- SLB Capturi tape-recorded high business activity, with a number of tenders in procedure
The refinancing of Mainstream Renewable Power (” MRP”) was finished, protecting financing for development in core markets South Africa and Asia Pacific
- 3 tasks for a combined 350 MW are advancing towards monetary close within the next 18 months in South Africa
- A portfolio of tasks in Colombia amounting to 675 MW was offered to regional energy business Celsia
- Morten Henriksen was selected as brand-new CEO of MRP, and home offices are being moved from Dublin to Oslo
Aker Horizons is checking out the capacity for information centers in the north of Norway together with Nordkraft
- A prospective information center company might take advantage of the ready-to-build Kvandal website in Narvik
- The Narvik Green Ammonia job is waiting for feedback on an application for extra grid capability, and will not continue to the next phase up until clearness on grid is acquired
SuperNode finished the preliminary full-blown screening of its superconducting innovation
- A model of SuperNode’s full-blown superconducting system was checked effectively in the business’s own center in the UK in March
- A demonstration with 30 meters transmission range is to be carried out in mid-2025
Aker Horizons reports net capital utilized to show a portfolio made up primarily of unlisted properties. Net capital utilized consists of Aker Horizons’ preliminary financial investment in the portfolio business, changed for any revenue or loss and any extra financial investments, changed for forex changes. Since the very first quarter, Aker Horizons had NOK 898 million net capital utilized in ACC, NOK 2.06 billion in Mainstream, NOK 573 million in AAD, NOK 195 million in SuperNode and NOK 568 million in other properties.
The Q1 2025 discussion is connected.
Aker Horizons’ CEO Lars P. Sørvaag Sperre and CFO Kristoffer Dahlberg, and Mainstream’s CFO Julie Berg will provide the primary advancements in the very first quarter 2025 today at 08:30 CET, followed by a Q&A session. The discussion, which is open to all, will be kept in English and will be webcast on Aker Horizons’ site:
For more details, please contact:
Jonas Gamre, Financier Relations, tel: +47 97 11 82 92, e-mail: jonas.gamre@akerhorizons.com
Mats Ektvedt, Media, tel: +47 41 42 33 28, e-mail: mats.ektvedt@corporatecommunications.no
About Aker Horizons
Aker Horizons establishes green energy and green market to speed up the shift to Net No. The business is active in renewable resource, carbon capture and sustainable commercial properties. As part of the Aker group, Aker Horizons uses commercial, technological and capital markets competence with a planet-positive function to drive decarbonization worldwide. Aker Horizons is noted on the Oslo Stock market and headquartered in Fornebu, Norway Throughout its portfolio, the business exists on 5 continents. www.akerhorizons.com
This details is thought about to be details pursuant to the EU Market Abuse Policy and undergoes the disclosure requirements in Policy EU 596/2014 and the Norwegian Securities Trading Act § 5-12. This stock market statement was released by Mats Ektvedt, Partner in Corporate Communications, on 8 May 2025 at 07:00 CET
This details was given you by Cision http://news.cision.com
https://news.cision.com/aker-horizons/r/aker-horizons-asa–first-quarter-results-2025,c4147211
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SOURCE Aker Horizons