Transport hub at Narvik
Aker advances plan to launch €1bn energy transition fund
Norwegian company also unveils plan to form green industrial hub at site north of Arctic Circle
Aker Horizons is developing plans to establish a €1bn ($1.2bn) energy transition fund with a focus on infrastructure assets related to carbon capture, hydrogen and electrification. The Norway-based company is in “advanced talks” with a leading global financial services provider as a potential anchor investor. The fund would be managed by Aker. “Asset management for planet-positive investing has been identified as a potential new business segment,” the company says in its third-quarter earnings report. “With Aker Horizons’ access to projects, industrial capabilities and technology, the company is positioned to generate attractive investment opportunities for institutional investors.” Potentia
Also in this section
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth
9 December 2024
Editor-in-chief recognised by Cititec as among the 50 voices in commodities worth following
