Norsk Hydro

Norsk Hydro: Eivind Kallevik appointed CEO of Hydro

Retrieved on: 
Thursday, March 14, 2024
Norsk Hydro, Bauxite, Eivind, CFO, Renewable energy

Eivind Kallevik has been appointed President and CEO of Norwegian aluminium and renewable energy company Norsk Hydro ASA.

Key Points: 
  • Eivind Kallevik has been appointed President and CEO of Norwegian aluminium and renewable energy company Norsk Hydro ASA.
  • "I am pleased to announce that Eivind Kallevik has accepted the job as President and CEO of Hydro.
  • I am confident Eivind has what it takes to lead Hydro towards 2030 and beyond," says Dag Mejdell, chairperson of Hydro's Board of Directors.
  • Prior to this, Kallevik held several senior management positions in Hydro, including the Bauxite & Alumina business area and the downstream aluminium business.

New Fortress Energy Completes Previously Announced Acquisition and Transfer of 1.6 GW, 15-year Contracted Power Asset in Brazil

Retrieved on: 
Wednesday, March 20, 2024
Energy, Utilities, Oil, Gas, Failure, Health, Natural gas, Communication, Partnership, Norsk Hydro, Epidemic, Acquisition, Security (finance), Risk, Wes Edens, NFE, Ship, Safety, Pandemic, PPA, COD, Renewable energy

Construction activities for the 1.6 GW power plant have commenced at NFE’s site adjacent to our existing LNG terminal located in Barcarena, Brazil.

Key Points: 
  • Construction activities for the 1.6 GW power plant have commenced at NFE’s site adjacent to our existing LNG terminal located in Barcarena, Brazil.
  • This transaction represents the value of our operational LNG terminals in Brazil and we appreciate the partnership with Denham Capital to move quickly to transfer this PPA and begin construction,” said Andrew Dete, Managing Director of New Fortress Energy.
  • For additional information on the acquisition, please reference the press release issued on December 27, 2023 on our investor relations website at https://ir.newfortressenergy.com/investor-relations.
  • About New Fortress Energy Inc.
    New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy.

New Fortress Energy Places Barcarena LNG Terminal in Pará, Brazil into Operation

Retrieved on: 
Thursday, February 29, 2024
Oil, Gas, Alternative Energy, Energy, Environment, Sustainability, Acquisition, State government, Ministry, FSRU, Natural gas, Wes Edens, Amazon River, Mouth, CO2, New Power, COD, Norsk Hydro

New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site.

Key Points: 
  • New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site.
  • NFE’s Barcarena LNG terminal is strategically located at the mouth of the Amazon River in Pará, Brazil and serves as the sole natural gas supply source in the state of Pará and the North region of Brazil.
  • The Barcarena terminal will also supply natural gas to NFE’s 630 MW power plant, which is currently under construction adjacent to the Barcarena terminal.
  • “Our Barcarena complex is a great example of NFE’s fully integrated LNG-to-power business model, where our LNG import terminal provides a significant competitive advantage.

Norsk Hydro: Hydro signs new USD 1,000 million revolving credit facility

Retrieved on: 
Friday, February 16, 2024
BNP Paribas, Nordea, DNB, JPMorgan Chase, Norsk Hydro, ING, Danske Bank, Citibank

Norsk Hydro ASA has on February 15, 2024, signed a USD 1,000 million revolving multi-currency credit facility.

Key Points: 
  • Norsk Hydro ASA has on February 15, 2024, signed a USD 1,000 million revolving multi-currency credit facility.
  • The facility, which is available for general corporate purposes, carries a two-year tenor with a one-year extension option and replaces Hydro’s undrawn USD 1,300 million revolving credit facility.
  • Credit Agricole CIB and DNB acted as the coordinating Mandated Lead Arrangers and Bookrunners on the transaction.
  • DNB will act as Facility Agent and Documentation Agent.

Norsk Hydro: Key information related to proposed cash dividend

Retrieved on: 
Wednesday, February 14, 2024
NOK, Norsk Hydro, Bank statement

The Board of Directors of Norsk Hydro ASA have decided to propose to the General Meeting a dividend of NOK 2.5 per share on the basis of the company’s financial statements for the financial year 2023.

Key Points: 

The Board of Directors of Norsk Hydro ASA have decided to propose to the General Meeting a dividend of NOK 2.5 per share on the basis of the company’s financial statements for the financial year 2023.

Norsk Hydro: Market part of Hydro`s 2023-2024 share buyback program finalized

Retrieved on: 
Thursday, February 1, 2024
Ministry, NOK, Norsk Hydro, Share repurchase, Fishery, Annual

On January 31, 2024, Hydro finalized the open market repurchase of the 2023-2024 buyback program as announced on September 22, 2023.

Key Points: 
  • On January 31, 2024, Hydro finalized the open market repurchase of the 2023-2024 buyback program as announced on September 22, 2023.
  • The total program comprises 32 192 623 shares, of which 21 163 019 shares were repurchased in the market.
  • The 32 192 623 shares will be cancelled following approval by the Annual General Meeting in May 2024.
  • Please see below information about the last transactions made under the share buyback program for Norsk Hydro ASA.

Norsk Hydro: Status share buyback program

Retrieved on: 
Wednesday, January 31, 2024
Security (finance), Norsk Hydro, Share repurchase, Disclosure, ASA

Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares.

Key Points: 
  • Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares.
  • Following the above listed transactions, Norsk Hydro ASA owns a total of 36 079 150 shares, corresponding to 1.77% of Norsk Hydro ASA's share capital.
  • Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.
  • This is information that Norsk Hydro ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Norsk Hydro: Status share buyback program

Retrieved on: 
Wednesday, January 24, 2024
Share repurchase, Norsk Hydro, Security (finance), ASA, Disclosure

Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares.

Key Points: 
  • Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares.
  • Following the above listed transactions, Norsk Hydro ASA owns a total of 35 019 305 shares, corresponding to 1.72% of Norsk Hydro ASA's share capital.
  • Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.
  • This is information that Norsk Hydro ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Norsk Hydro: Status share buyback program

Retrieved on: 
Wednesday, January 17, 2024
Share repurchase, Norsk Hydro, Security (finance), ASA, Disclosure

Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares.

Key Points: 
  • Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares.
  • Following the above listed transactions, Norsk Hydro ASA owns a total of 31 255 117 shares, corresponding to 1.53% of Norsk Hydro ASA's share capital.
  • Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.
  • This is information that Norsk Hydro ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Norsk Hydro: Status share buyback program

Retrieved on: 
Wednesday, January 10, 2024
Share repurchase, Norsk Hydro, Security (finance), ASA, Disclosure

Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares.

Key Points: 
  • Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares.
  • Following the above listed transactions, Norsk Hydro ASA owns a total of 29 469 356 shares, corresponding to 1.44% of Norsk Hydro ASA's share capital.
  • Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.
  • This is information that Norsk Hydro ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.