Nel ASA

Regulatory Filings • Dec 20, 2019

Nel ASA: Receives purchase order for two H2Station® units for Europe

(Oslo, 20 December 2019) Nel Hydrogen A/S, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a purchase order for the delivery of two H2Station® units for fueling of vehicles in Europe.

"We're happy our hydrogen fueling station solutions are continuing to support Europe's hydrogen infrastructure deployment," says Jens Egholt Rasmussen, Global Sales Director for Nel Hydrogen Fueling.

The contract value is approximately EUR 2 million. The customer has requested to remain unnamed, and further details will be released in Q1-2020.

ENDS

For additional information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Bjørn Simonsen, VP Investor Relations & Corporate Communication, +47 971 79 821

About Nel Hydrogen | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. We serve industries, energy and gas companies with leading hydrogen technology. Since its origins in 1927, Nel has a proud history of development and continual improvement of hydrogen plants. Our hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles today.