Aker Horizons — Regulatory Filings 2023

Oct 2, 2023

Mainstream: Update on judicial reorganization proceedings in Chile

Mainstream: Update on judicial reorganization proceedings in Chile

Reference is made to the previous announcement made by Aker Horizons ASA ("Aker

Horizons") regarding the initiation by Mainstream Renewable Power ("Mainstream")

of Judicial Reorganisation Proceedings for Huemul Energía SpA and Condor Energía

SpA in Chile. Mainstream today announced that the project finance lenders have

voted to support the company's restructuring plans pursuant to the proceedings.

While this is an important step to exit the reorganization proceedings, the

plans remain subject to certain key conditions. It is expected that the Judicial

Reorganisation Proceedings will conclude, with transaction consummation to

occur, in the coming weeks.

ENDS

For further information, please contact:

Marianne Stigset, Communications, Tel: +47 41 18 84 82,

marianne.stigset@akerhorizons.com

Stian Andreassen, Investor Relations, Tel: +47 41 64 31 07,

stian.andreassen@akerhorizons.com

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 employs

approximately 1,100 people in 18 countries on five continents.

www.akerhorizons.com

About Mainstream Renewable Power

Mainstream Renewable Power is a leading pure-play renewable energy company, with

wind and solar assets across global markets, including in 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. It has successfully delivered 6.5 GW of wind and solar

generation assets to financial close-ready and has a global pipeline of 20.8 GW,

with 1.4 GW in operation and under construction. www.mainstreamrp.com

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements in

Regulation EU 596/2014 and the Norwegian Securities Trading Act § 5-12. This

stock exchange announcement was published by Marianne Stigset, Communications,

Aker Horizons ASA, on 2 October 2023 at CEST 17:08.