Aker Solutions intends to spin off its wind development business as well as the carbon capture technology business to Aker Solutions' shareholders in two separate companies. Oslo-based Kvaerner and Aker Solutions have entered into a merger plan, whereby the two entities will join forces to create Aker Solutions ASA, Combined 2019 revenues for the companies were about NOK 38 billion ($4.1 billion US) with an EBITDA of NOK 2.7 billion.
Aker Solutions intends to separate its CCUS business in a separate entity, Aker Carbon Capture followed by a private placement in the company, guaranteed by Aker ASA, to secure sufficient funding for the next phase of the development. The shares in the CCUS Company are expected to start trading on Merkur Market during August 2020. (Source: Aker Solutions, PR, Chemical Engineering, 20 July, 2020) Contact: Aker Solutions, Fredrik Berge, Inv. Relations, +47 22 94 62 19, email@example.com, www.akersolutions.com; Kvaerner, www.kvaerner.com
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The 88 MW Hywind Tampen wind farm, which is being developed by Equinor, will incorporate 11 Siemens Gamesa SG 8.0-167 DD wind turbines mounted on floating concrete spar substructures with shared anchors supplied by Kvaerner.
Hywind Tampen is slated for start-up at the end of 2022. (Source: Norwegian Ministry of Petroleum and Industry, Maritime Exec., 8 April, 2020) Contact: Equinor, Eldar Sætre, Pres., CEO, www.equinor.com
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The NOK 1.5 billion ($164,964,000 - US) contract
includes full project management, engineering, assembly site management, mooring system installation, units tow-to-field and installation of the floating wind turbine units.
(Source: Kvaener, PR, 31 Oct., 2019) Contact: Kvaener, Karl-Petter Loken, Pres., Torbjørn Andersen, IR & Communications, +47 928 85 542, firstname.lastname@example.org,
Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com
More Low-Carbon Energy News Kvaerner, Wind, Offshore Wind, Equinor,