Aker Horizons ASA: First-Quarter Results 2023
Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the first quarter 2023. Aker Horizons' net asset value rose to NOK 15.8 billion in the first quarter, from NOK 15.1 billion at year-end 2022. The company had a cash position of NOK 3.8 billion and an undrawn credit facility of EUR 500 million, giving available liquidity of NOK 9.5 billion.First-quarter main developments: · Aker Carbon Capture progressed on main projects and accelerated market activity · Solid progress on Brevik and Twence projects · Letter of Intent (LOI)