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NorskHydro


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Aker BP, Ascential, Var Energi

EUROPE RESEARCH ROUNDUP-Aker BP, Ascential, Var Energi March 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Aker BP ASA, Ascential and Var Energi ASA, on Friday. HIGHLIGHTS * Aker BP ASA AKRBP.OL : JP Morgan cuts to neutral from overweight * Aroundtown AT1.DE : Deutsche Bank cuts to sell from hold * Ascential Plc ASCL.L : HSBC cuts to hold from buy * Centamin Plc CEY.L : Liberum cuts to hold from buy * Var Energi ASA VAR.OL : J
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Norway's Hydro, Statkraft sign long-term power contract

UPDATE 1-Norway's Hydro, Statkraft sign long-term power contract Adds detail on agreement COPENHAGEN, March 20 (Reuters) - Norsk Hydro NHY.OL on Tuesday said it had signed a power purchase contract with Norwegian utility Statkraft for the total delivery of 1.28 terawatt-hour (TWh) of electricity between May 2024 and the end of 2027. E lectricity will be delivered in the price area NO3, in the central-western region of Norway, Hydro said in a statement.
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Hydro Energi Signs Long-Term Power Purchase Agreement With Statkraft

BRIEF-Hydro Energi Signs Long-Term Power Purchase Agreement With Statkraft March 20 (Reuters) - Norsk Hydro ASA NHY.OL : HYDRO ENERGI SIGNED A LONG-TERM POWER PURCHASE AGREEMENT WITH STATKRAFT FOR DELIVERY OF 1.28 TWH IN PERIOD FROM MAY 2024-2027 Further company coverage: NHY.OL (Gdansk Newsroom)
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Norway's Hydro, Statkraft sign long-term power contract

Norway's Hydro, Statkraft sign long-term power contract COPENHAGEN, March 20 (Reuters) - Norsk Hydro NHY.OL on Tuesday said it had signed a power contract with Norwegian utility Statkraft for the total delivery of 1.28 terawatt-hour (TWh) of electricity between May 2024 and 2027. Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik
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Hydro Enters Multi-Year Agreement With Sims Alumisource

BRIEF-Hydro Enters Multi-Year Agreement With Sims Alumisource March 18 (Reuters) - Norsk Hydro ASA NHY.OL : ENTERED MULTI-YEAR AGREEMENT WITH SIMS ALUMISOURCE TO PURCHASE PROCESSED ALUMINIUM SCRAP FOR ITS NORTH AMERICAN EXTRUSION BUSINESS Source text for Eikon: [ID:] Further company coverage: NHY.OL (Gdansk Newsroom)
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Hydro Agrees To Sell Its Fabrication Plant In Kaunas, Lithuania

BRIEF-Hydro Agrees To Sell Its Fabrication Plant In Kaunas, Lithuania March 18 (Reuters) - Norsk Hydro ASA NHY.OL : AGREES TO SELL ITS FABRICATION PLANT IN KAUNAS, LITHUANIA CLOSING OF THE SALE IS EXPECTED TO TAKE PLACE BY THE END OF FIRST QUARTER 2024 SELLS 100% OF ITS SHARES IN THE SUBSIDIARY, TOGETHER WITH ALL RIGHTS AND OBLIGATIONS PLANT HAS AB
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Norsk Hydro Eligible For Co2 Compensation Of NOK 3.2 Bln For 2024

BRIEF-Norsk Hydro Eligible For Co2 Compensation Of NOK 3.2 Bln For 2024 March 15 (Reuters) - Norsk Hydro ASA NHY.OL : NORSK HYDRO: INDUSTRY AND NORWEGIAN GOVERNMENT AGREE ON THE CO2 COMPENSATION SCHEME IT IS ESTIMATED THAT HYDRO WILL BE ELIGIBLE FOR A CO2 COMPENSATION OF APPROXIMATELY NOK 3.2 BILLION FOR 2024, PAYABLE IN 2025 Source text for Eikon:
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Norsk Hydro picks Kallevik as new CEO

UPDATE 1-Norsk Hydro picks Kallevik as new CEO Adds detail on appointment from paragraph 2 COPENHAGEN, March 14 (Reuters) - Norwegian aluminium maker Norsk Hydro NHY.OL said on Thursday it had appointed Eivind Kallevik as its new chief executive officer after Hilde Merete Aasheim decided to leave the company. Kallevik previously was chief financial officer of Hydro and is currently the head of the company's aluminium metal business.
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Norsk Hydro appoints Kallevik as new CEO

Norsk Hydro appoints Kallevik as new CEO COPENHAGEN, March 14 (Reuters) - Norwegian aluminium producer Norsk Hydro NHY.OL said on Thursday it had appointed Eivind Kallevik as its new chief executive officer after Hilde Merete Aasheim decided to leave the company. Reporting by Stine Jacobsen; Editing by Jacqueline Wong
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Norsk Hydro Appoints Eivind Kallevik As CEO

BRIEF-Norsk Hydro Appoints Eivind Kallevik As CEO March 14 (Reuters) - Norsk Hydro ASA NHY.OL : NORSK HYDRO: EIVIND KALLEVIK APPOINTED CEO OF HYDRO NORSK HYDRO: EIVIND KALLEVIK APPOINTED CEO OF HYDRO APPOINTMENT WILL BE EFFECTIVE MAY 13, 2024 KALLEVIK SUCCEEDS HILDE MERETE AASHEIM, WHO HAS DECIDED TO STEP DOWN AFTER FIVE YEARS Source text for Eikon
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Coats Group, Indivior, Nichols

EUROPE RESEARCH ROUNDUP-Coats Group, Indivior, Nichols March 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Coats Group, Indivior, and Nichols, on Tuesday. HIGHLIGHTS * Coats Group Plc COA.L : HSBC cuts target price to 101p from 107p * Indivior Plc INDV.L : Jefferies raises target price to 2390p from 2165p * Nichols NICL.L : HSBC raises target price to 1350p from 1300p * Oxford Nanopore Technologies Plc ONT.L : Piper Sandler cut
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Equinor's Mendubim solar plant in Brazil starts production

UPDATE 2-Equinor's Mendubim solar plant in Brazil starts production Adds detail on power sale, background in paragraphs 3-5 COPENHAGEN, March 8 (Reuters) - Norway's Equinor EQNR.OL on Friday said its 531 megawatt (MW) Mendubim solar plant in Brazil had started power production, increasing the company's renewable energy production in the South American country by 30%.
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Hydro, NKT Partner For Decarbonizing Electricity Infrastructure

BRIEF-Hydro, NKT Partner For Decarbonizing Electricity Infrastructure March 6 (Reuters) - Norsk Hydro ASA NHY.OL : HYDRO AND NKT FORM STRATEGIC PARTNERSHIP TO DECARBONIZE ELECTRICITY INFRASTRUCTURE TOWARDS 2030, HYDRO AND NKT WILL COLLABORATE ON RESEARCH AND DEVELOPMENT AND PRODUCT DEVELOPMENT TO EXPLORE ALUMINIUM WIRE ROD APPLICATIONS Further comp
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Trond Olaf Christophersen Is Appointed Acting CFO In Hydro

BRIEF-Trond Olaf Christophersen Is Appointed Acting CFO In Hydro March 6 (Reuters) - Norsk Hydro ASA NHY.OL : TROND OLAF CHRISTOPHERSEN APPOINTED ACTING CFO IN HYDRO HE REPLACES CFO PÅL KILDEMO, WHO WILL BE LEAVING HYDRO LATEST AUGUST 31 FOR A COMPETITOR PROCESS TO FIND NEW CFO HAS ALREADY STARTED Source text for Eikon: ID:nGNX9D6kQ6 Further compa
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds ANZ Group, Carrier, Ganfeng Lithium, Cisco Systems, Papara; Updates Singapore Airlines March 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday: ** Australia's fourth-biggest bank ANZ Group ANZ.AX is selling around 298 million shares or 9% stake worth up to $242 million in Malaysian lender AMMB Holdings AMMB.KL or AmBank, according to a term sheet seen by Reuters.
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Tesla labour dispute triggers Nordic sympathy strikes

FACTBOX-Tesla labour dispute triggers Nordic sympathy strikes Adds details on IF Metall strike in paragraph 5, Swedish trade union Seko's action in paragraph 8 Jan 5 (Reuters) - A dispute between Tesla TSLA.O and Sweden's IF Metall has drawn in unions across the Nordics, all urging the electric vehicle (EV) maker to sign a collective bargaining agreement.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions March 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday: ** Singapore's competition watchdog said it has granted approval for the merger between Air India and Vistara, a joint venture between Indian conglomerate Tata Group and Singapore Airlines SIAL.SI , subject to certain conditions.
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Hydro Rein Acquires 25 Wind Power Projects In Sweden And Norway

BRIEF-Hydro Rein Acquires 25 Wind Power Projects In Sweden And Norway March 5 (Reuters) - Norsk Hydro ASA NHY.OL : HYDRO REIN ACQUIRES 25 WIND POWER PROJECTS IN SWEDEN AND NORWAY HYDRO REIN TO ACQUIRE 80% STAKE IN 2.4 GW PORTFOLIO OF WIND POWER PROJECTS UNDER TERMS OF AGREEMENT, HYDRO REIN AND IOWN WILL COMMENCE A LONG-TERM PARTNERSHIP TO CO-DEVELO
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Norsk Hydro unit to buy 80% stake in wind power projects

UPDATE 1-Norsk Hydro unit to buy 80% stake in wind power projects Adds detail on project COPENHAGEN, March 5 (Reuters) - Norsk Hydro's NHY.OL renewable energy unit Hydro Rein has agreed with Swedish renewables developer IOWN Energy to buy an 80% stake in a 2.4 gigawatt portfolio of planned wind power projects in Sweden and Norway, it said on Tuesday.
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Norsk Hydro unit to buy 80% stake in wind power portfolio

Norsk Hydro unit to buy 80% stake in wind power portfolio COPENHAGEN, March 5 (Reuters) - Norsk Hydro's NHY.OL renewable energy unit Hydro Rein has agreed with Swedish renewable energy developer IOWN Energy to buy an 80% stake in a 2.4 gigawatt portfolio of wind power projects in Sweden and Norway, it said on Tuesday. Reporting by Louise Breusch Ra
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