Aker Carbon Capture proposes a cash dividend of NOK 3.5 billion
Aker Carbon Capture (AKHOF) has announced a proposed extraordinary cash dividend of NOK 3.5 billion, with Aker Horizons expected to receive approximately NOK 1.5 billion based on its 43.27% ownership stake. This follows the completion of a transaction in June 2024 where ACC combined its carbon capture business with SLB in a joint venture, now called SLB Capturi, where ACC maintains a 20% ownership while SLB holds 80%.
The company recorded a gain of NOK 4.9 billion from the sale in its consolidated accounts. ACC will maintain sufficient cash reserves post-dividend to support its minority owner responsibilities in SLB Capturi and back its pro-rata guarantee exposure for pre-JV projects. The proposed dividend requires approval at an extraordinary general meeting scheduled for March 7, 2025.
Aker Carbon Capture (AKHOF) ha annunciato una proposta di straordinario dividendo in contante di NOK 3,5 miliardi, con Aker Horizons che si prevede riceverà circa NOK 1,5 miliardi basato sulla sua partecipazione del 43,27%. Questo segue il completamento di una transazione nel giugno 2024 in cui ACC ha unito la sua attività di cattura del carbonio con SLB in una joint venture, ora chiamata SLB Capturi, dove ACC detiene una partecipazione del 20% mentre SLB possiede l'80%.
L'azienda ha registrato un guadagno di NOK 4,9 miliardi dalla vendita nei suoi conti consolidati. ACC manterrà riserve di liquidità sufficienti dopo il dividendo per supportare le sue responsabilità di socio di minoranza in SLB Capturi e sostenere la sua esposizione garantita pro-rata per i progetti precedenti alla JV. Il dividendo proposto necessita di approvazione in un'assemblea generale straordinaria programmata per il 7 marzo 2025.
Aker Carbon Capture (AKHOF) ha anunciado un dividendo en efectivo extraordinario propuesto de NOK 3,5 mil millones, con Aker Horizons que se espera reciba aproximadamente NOK 1,5 mil millones basado en su participación del 43,27%. Esto sigue a la finalización de una transacción en junio de 2024 donde ACC combinó su negocio de captura de carbono con SLB en una empresa conjunta, ahora llamada SLB Capturi, donde ACC mantiene una participación del 20% mientras que SLB posee el 80%.
La empresa registró una ganancia de NOK 4,9 mil millones de la venta en sus cuentas consolidadas. ACC mantendrá reservas de efectivo suficientes después del dividendo para apoyar sus responsabilidades como accionista minoritario en SLB Capturi y respaldar su exposición garantizada pro-rata para proyectos anteriores a la JV. El dividendo propuesto requiere aprobación en una reunión general extraordinaria programada para el 7 de marzo de 2025.
Aker Carbon Capture (AKHOF)는 NOK 3.5억 크로네의 특별 현금 배당금을 제안했다고 발표했으며, Aker Horizons는 43.27%의 지분을 기반으로 약 NOK 1.5억 크로네를 받을 것으로 예상됩니다. 이는 ACC가 SLB와 탄소 포집 사업을 결합한 2024년 6월의 거래 완료에 따른 것으로, 현재 SLB Capturi라는 이름의 합작 투자에서 ACC는 20%의 지분을 유지하고 SLB는 80%를 보유하고 있습니다.
회사는 통합 계좌에서 판매로 인해 NOK 4.9억 크로네의 이익을 기록했습니다. ACC는 배당금 지급 후 SLB Capturi에서의 소수 지분 소유자 책임을 지원하고 JV 이전 프로젝트에 대한 비례 보증 노출을 지원하기 위해 충분한 현금 유동성을 유지할 것입니다. 제안된 배당금은 2025년 3월 7일로 예정된 특별 총회에서 승인을 받아야 합니다.
Aker Carbon Capture (AKHOF) a annoncé un dividende exceptionnel en espèces proposé de NOK 3,5 milliards, Aker Horizons devant recevoir environ NOK 1,5 milliard en fonction de sa participation de 43,27%. Cela fait suite à la finalisation d'une transaction en juin 2024 où ACC a combiné son activité de capture de carbone avec SLB dans une coentreprise, désormais appelée SLB Capturi, où ACC détient 20% de participation tandis que SLB en détient 80%.
L'entreprise a enregistré un gain de NOK 4,9 milliards provenant de la vente dans ses comptes consolidés. ACC maintiendra des réserves de liquidités suffisantes après le dividende pour soutenir ses responsabilités de propriétaire minoritaire dans SLB Capturi et soutenir son exposition garantie au prorata pour les projets antérieurs à la JV. Le dividende proposé nécessite une approbation lors d'une assemblée générale extraordinaire prévue pour le 7 mars 2025.
Aker Carbon Capture (AKHOF) hat eine vorgeschlagene außerordentliche Barausschüttung von NOK 3,5 Milliarden angekündigt, wobei Aker Horizons voraussichtlich etwa NOK 1,5 Milliarden basierend auf seinem Anteil von 43,27% erhalten wird. Dies folgt dem Abschluss einer Transaktion im Juni 2024, bei der ACC ihr Geschäft mit CO2-Abscheidung mit SLB in einem Joint Venture kombiniert hat, das jetzt SLB Capturi heißt, wobei ACC eine 20%ige Beteiligung hält, während SLB 80% hält.
Das Unternehmen verbuchte einen Gewinn von NOK 4,9 Milliarden aus dem Verkauf in seinen konsolidierten Konten. ACC wird nach der Ausschüttung über ausreichende Liquiditätsreserven verfügen, um seine Verantwortlichkeiten als Minderheitsaktionär in SLB Capturi zu unterstützen und seine anteilige Garantiexposure für Projekte vor der JV abzusichern. Die vorgeschlagene Ausschüttung bedarf der Genehmigung auf einer außerordentlichen Hauptversammlung, die für den 7. März 2025 angesetzt ist.
- Extraordinary cash dividend of NOK 3.5 billion proposed to shareholders
- Substantial gain of NOK 4.9 billion recorded from JV transaction
- Strategic 20% stake retained in SLB Capturi joint venture
- Reduction in ownership control from full ownership to 20% minority stake in carbon capture business
FORNEBU, Norway, Feb. 12, 2025 /PRNewswire/ -- Aker Carbon Capture ASA (ACC), an Aker Horizons portfolio company, today announced that the Board of Directors of ACC has proposed an extraordinary cash dividend of
In June 2024, ACC and SLB announced the completion of a transaction combining their carbon capture businesses in a joint venture (JV), since renamed SLB Capturi. ACC retains a
Going forward, ACC will, through its ownership in SLB Capturi, continue to support the development of the carbon capture business of SLB Capturi. The cash position remaining in ACC following the proposed dividend distribution will enable ACC to retain a sufficiently robust balance sheet to fulfill its role and responsibilities as a minority owner of SLB Capturi, and will back ACC's remaining pro-rata guarantee exposure for projects awarded prior to the formation of the JV.
ACC's proposed cash dividend is among other things subject to approval by an extraordinary general meeting in ACC, expected to be held on or about 7 March 2025. Please refer to ACC's announcement for more details.
For further information, please contact:
Jonas Gamre, Investor Relations, Tel: +47 97 11 82 92
jonas.gamre@akerhorizons.com
Mats Ektvedt, Media, Tel: +47 41 42 33 28
mats.ektvedt@corpcom.no
About Aker Horizons:
Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu,
About Aker Carbon Capture:
Aker Carbon Capture ASA was established as a separate entity in 2020, building on more than 20 years long experience and maturation of the carbon capture technology within Aker. Following an agreement with SLB, a joint venture between SLB and Aker Carbon Capture was established
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SOURCE Aker Horizons
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