Nordic Paper enters into agreement to sell minority shareholding in Åmotfors Energi AB
Nordic Paper has today entered into a binding agreement to sell its 37.6% minority shareholding in Åmotfors Energi AB to the utility infrastructure company Nevel AB. Nordic Paper will include a capital gain and a positive cash flow effect, both of about SEK 40m, in the accounts for the fourth quarter 2022 following the transaction. Nevel AB has also agreed to acquire all shares from other owners which means that Åmotfors Energi AB will become fully owned by Nevel AB. In conjunction with the transaction Nordic Paper and Åmotfors Energi AB have entered into a new long-term supply agreement