Carnegie Investment Bank Norway is proud to have acted as Joint Bookrunner in Aker Horizons’ successful NOK 1.0 billion directed shared issue.
Baillie Gifford, a leading institutional investor that manages GBP 352bn of assets for their global client base across equity, fixed income, and multi-asset portfolios, was allocated 13.5 million shares in the directed share issue.
Aker Horizons is a planet-positive company dedicated to developing companies within renewable energy and other technologies that reduce emissions or promote sustainable living. The company is majority owned by Aker ASA and owns stakes in Aker Carbon Capture, Aker Clean Hydrogen, Aker Offshore Wind and Mainstream Renewable Power.
The net proceeds from the private placement will be used to strengthen Aker Horizons’ balance sheet ahead of investments in portfolio companies, including further development of Mainstream Renewable Power and other new direct investments, to establish green value chains for power-intensive industries. The net proceeds will also be used for general corporate purposes.
Carnegie congratulates Kristian Røkke, Nanna Therese Tollefsen and the rest of the Aker Horizons team with the successful transaction and we look forward to continuing our support of Aker Horizons going forward.