Aker Carbon Capture ASA Announces Strategic Transactions

FORNEBU, Norway, May 9, 2025 /PRNewswire/ – Aker Carbon Capture ASA (ACC) has made significant strategic moves, including the sale of its 20 percent ownership interest in SLB Capturi to Aker ASA. This transaction is part of a broader strategy aimed at cash distribution to shareholders and the subsequent liquidation of ACC. The agreement values ACC at 3.03 Kroner per share, translating to a transaction value of 1.83 billion Norwegian Kroner.

The sale of the ownership interest in SLB Capturi is a key component of ACC’s plan to return value to its shareholders. This move aligns with the company’s focus on optimizing its portfolio and enhancing shareholder value. The transaction is expected to facilitate a smoother liquidation process for ACC, providing a clear path forward for the company and its investors.

In related news, Aker ASA has announced a merger with Aker Horizons ASA, involving the early repayment of a NOK 2.5 billion green bond. This merger is part of Aker’s broader strategy to streamline operations and strengthen its position in the market. The merger will see Aker Horizons Holding AS merge with a subsidiary of Aker ASA, further consolidating Aker’s operations.

Aker ASA’s first quarter results for 2025 reflect a strong financial position, with a Net Asset Value (NAV) of NOK 61.9 billion, up from NOK 58.2 billion at the end of the fourth quarter of 2024. This increase in NAV underscores Aker’s robust financial health and its ability to execute strategic initiatives effectively.

These transactions are part of a series of strategic moves by Aker entities, aimed at optimizing their portfolios and enhancing shareholder value. The independent transactions involving Aker Horizons and Aker Carbon Capture are the outcome of comprehensive strategic planning, reflecting Aker’s commitment to long-term growth and sustainability.

Aker Carbon Capture ASA, listed on the Oslo Bors ASA, has experienced significant fluctuations in its share price over the past year, with a 52-week high of 7.905 and a low of 2.488. As of May 7, 2025, the close price was 2.64, with a market capitalization of 1.55 billion NOK. Despite a negative price-to-earnings ratio of -110.4, the company’s strategic transactions are expected to positively impact its financial outlook and shareholder value.

These developments mark a pivotal moment for Aker Carbon Capture ASA and its stakeholders, as the company moves towards liquidation and focuses on delivering value to its shareholders. The strategic transactions announced today are a testament to Aker’s commitment to optimizing its portfolio and enhancing shareholder value in the long term.