Aker Horizons ASA: Second-quarter results 2024
LYSAKER, Norway,
Second quarter main developments:
- Aker Carbon Capture ASA (ACC ASA) completed the transaction to combine its carbon capture business with SLB:
- ACC ASA received NOK 4.1 billion in cash consideration, increasing its Q2 cash position to NOK 4.5 billion
- ACC ASA booked an accounting gain of NOK 4.9 billion
- The combination and integration of ACCH and SLB's carbon capture business progressed according to plan
-
Mainstream Renewable Power (Mainstream) delivered on its strategy inAustralia andSweden :- The company was awarded a 2.5 GW offshore wind license in the Gippsland region of
Victoria and a 500 MW onshore wind permit inNew South Wales , inAustralia - In
Sweden , the 2.5 GW Mareld floating offshore wind development received a positive recommendation for government approval - The Andes Renovables platform in
Chile maintained positive commercial margins in Q2 and recognized additionalEUR 20m in revenues following publication of the first Tariff Stabilization Law decree
- The company was awarded a 2.5 GW offshore wind license in the Gippsland region of
- Aker Horizons Asset Development (AAD) made progress on key projects and continued to explore data center opportunities for sites in
Northern Norway :- The Rjukan project was scaled up to 40 MW gaseous hydrogen capacity, leveraging existing allocation of 50 MW grid capacity
- A cooperation agreement was signed with a data center developer EPC company to explore powered shell opportunities in
Northern Norway - For the flagship Narvik Green Ammonia project, the pre-FEED was concluded and invitation to tender responses were received
"The second quarter was marked by the successful completion of the announced joint venture between Aker Carbon Capture and SLB. The new company combines technology portfolios, expertise and operations platforms to accelerate carbon capture adoption for industrial decarbonization. Mainstream continued to execute on its prioritized project pipeline, notably with the award of major offshore and onshore wind licenses in
As of the second quarter 2024,
The Q2 2024 presentation and half-year 2024 report are attached.
For further information, please contact:
Tel: +47 41 18 84 82
Email: marianne.stigset@akerhorizons.com
Tel: +47 41 64 31 07
Email: stian.andreassen@akerhorizons.com
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The following files are available for download:
Aker Horizons Half-Year Report 2024 |
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https://mb.cision.com/Public/20659/4015316/879d1eff0a11dd67.pdf |
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