Norwegian state sells all its shares in Aker companies

Iselin NybøPhoto: Lise Åserud / NTB

On Thursday, the Norwegian state sold all its shares in Aker Carbon Capture and Aker Offshore Wind. “The time was good to sell,” Minister of Trade and Industry Iselin Nybø (V) said.

The state will receive NOK 563 million for 33.1 million shares in Aker Carbon Capture and NOK 215 million for 33.1 million shares in Aker Offshore Wind. The state owned 5.85% and 4.88% of the shares, respectively.

“The government has been clear that the state is not a long-term owner of Aker Carbon Capture and Aker Offshore Wind. The shares have had an excellent value development since the stock exchange listings in August 2020, and I decided that now the time was right to sell,” the Minister of Trade and Industry noted.

The companies were separated from Aker Solutions in August last year.

In December last year, the Norwegian parliament (Storting) approved power of attorney for the sale of the companies.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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