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Aker Horizons — M&A Activity 2024
Jun 14, 2024
3530_rns_2024-06-14_fc4d648a-8392-488a-93a6-f5c6c6fe4bc9.pdf
M&A Activity
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SLB and Aker Carbon Capture announce closing of carbon capture joint venture
Oslo, 14 June 2024 – Aker Horizons ASA's portfolio company Aker Carbon Capture ASA ("ACC") announced today the final closing of their previously announced joint venture with SLB. The new company combines technology portfolios, expertise and operations platforms to support accelerated carbon capture adoption for industrial decarbonization at scale.
The new company will be headquartered in Oslo. SLB owns 80% of the new company while ACC owns the remaining 20% stake.
Please see the announcements made by ACC on 27 March 2024 and 14 June 2024 for more information regarding the transaction.
ENDS
For further information, please contact:
Mats Ektvedt, Corporate Communications
Tel : +47 414 23 328
Email : [email protected]
Stian Andreassen, Head of Investor Relations
Tel: +47 41 64 31 07
Email: [email protected]
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 hydrogen and develops industrial-scale decarbonization projects. 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. www.akerhorizons.com.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange announcement was published by Mats Ektvedt, Partner in Corporate Communications, on 14 June 2024.