Nel ASA: Signs MoU with Everfuel for further development of H2 Fuel Norway
(Oslo, November 25 2020) Nel ASA (Nel, OSE:NEL) has entered into an MoU with Everfuel A/S (Everfuel) which among other things involves Everfuel taking a majority stake in H2 Fuel Norway AS (H2Fuel), a fully owned company of Nel, and changing the name to Everfuel Norway Retail AS. “Becoming part of Everfuel’s activities in Norway is a natural next step for H2Fuel, and I look forward to continue leading the company’s efforts in developing the hydrogen retail market in Norway,” says Helge Skaarberg Holen, Managing Director of H2Fuel. Everfuel targets an investment of NOK 26 million in