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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Norsk Hydro | LSE:NHY | London | Ordinary Share | NO0005052605 | ORDS NOK1.098 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 583.00 | 539.50 | 626.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Norwegian aluminium company Norsk Hydro ASA's fully owned subsidiary Hydro Energi AS has signed a long-term power contract with Markbygden Ett AB, a Swedish wind power company, for annual baseload supply of 1.65 TWh in the period from the beginning of 2021 to the end of 2039.
Markbygden Ett AB is developing an onshore wind park located west of Piteå, in the northern of Sweden, and is owned by GE Energy Financial Services and Green Investment Group Limited, part of Macquarie Group Limited.
The wind park is a part of the larger Markbygden wind farm project developed by Svevind which is planned to have 1101 wind turbines and produce around 10 TWh annually when finalized.
The contract will contribute to supplying power to Hydro's aluminium plants after the existing long-term power contract with Norwegian state utility Statkraft expires in 2020.
Investor contactContact Stian HasleCellular +47 97736022E-mail Stian.Hasle@hydro.com
Press contactContact Øyvind Breivik Cellular +47 40226686E-mail Oyvind.Breivik@hydro.com
1 Year Norsk Hydro Chart |
1 Month Norsk Hydro Chart |
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