NEL ASA - NOK 1,300 million - Private Placement

Arctic Securities acted as Joint Lead Manager in relation to the Private Placement in Nel ASA raising gross proceeds of NOK 1,300 million. The net proceeds from the Private Placement will allow the Company to pursue larger - and higher volume of projects as well as strategic opportunities. In addition, the Company will further build the organization, invest in R&D activities, and fund additional working capital requirements, as well as general corporate purposes.

Nel ASA is the first dedicated hydrogen company on the Oslo Stock Exchange. The company has its roots from the hydrogen activities of Norsk Hydro, dating back to 1927. Nel’s main products are hydrogen production plants for industry and energy applications, hydrogen fueling stations for the transport sector, and power-to-gas/power-to-power solutions for the renewable industry.

We are grateful for the continued vote of confidence and congratulate on the successful transaction.

Latest news

  4. Arctic Securities -

    Cavendish Hydrogen ASA - Prospectus

    Cavendish Hydrogen has applied for admission to trading of its shares on the main board of the Oslo Stock Exchange. Arctic Securities AS is acting as joint lead manager. Please find the prospectus in connection with the Listing.

    Read more →