Norsk Hydro

Norsk Hydro Teams Up With World Wide Wind On Offshore Wind Turbine Project

Norsk Hydro Teams Up With World Wide Wind On Offshore Wind Turbine Project

Norwegian aluminium producer Norsk Hydro ASA and compatriot floating wind turbine producer World Wide Wind AS have agreed to collaborate on the use of aluminium in renewable wind industry. Ultimately the partnership hopes to yield a design for a floating wind turbine...

Events

Norsk Hydro Teams Up With Mercedes-Benz On Low-Carbon Technology Roadmap

Norway’s aluminium titan Norsk Hydro ASA has been chosen by Mercedes-Benz to collaborate on a common low-carbon technology roadmap beginning next year and running through the end of this decade. Hydro said the two firms will work on a joint-technology roadmap to develop aluminium solutions for the automotive sector that will have a CO2 footprint […]

Norsk Hydro Acquires Hueck’s Aluminium Extrusion Business In Germany

Norway’s aluminium titan Norsk Hydro ASA announced this week that it has acquired aluminium window, door, and façade systems producer Hueck’s building systems and extrusion business in Germany. According to the firm, the deal has an enterprise value of €60.3 million after adjusting for net debt and normalized working capital. Hydro says the purchase will […]

Norsk Hydro Places NOK3,000 MM New Sustainability-Linked Bonds

Norway’s aluminium titan Norsk Hydro ASA announced the successful placement this week of NOK3,000 million (US$302.7 million) new senior unsecured sustainability-linked bonds, split into two equal tranches. Per the firm, Hydro divided the placement into 6-year NOK 1,500 million with a floating rate of 3m Nibor + 2.000% p.a., and 6-year NOK 1,500 million with […]

Norsk Hydro To Partner With Commerz Real On 1 GW Solar Power Project

Norway’s aluminium titan Norsk Hydro ASA’s subsidiary Hydro Rein and Commerz Real have announced plans to form a joint venture for the acquisition and development of two solar power projects in Denmark. According to Hydro, the two projects are in the early stages of development and are scheduled to begin construction in 2024. Ultimately the […]