Sandnes, Norway, 28.08.2025 – The Board of Horisont Energi AS ("Horisont Energi" or the "Company") provides the following reflections on the news that NOS Group has purchased 48.52 % of the shares in the Company, as announced in the press release of 28.08.2025.
The Company has for a considerable time been working actively to secure funding for its core projects without success. On 21 August, The Board consequently decided to instigate a plan to wind down the day-to-day operations.
The new owner has expressed that he will continue the operations and has communicated ambitious plans to develop the Company further. The Board’s view, this is a good outcome for the Company, its employees and the other shareholders.
Ivar Hognestad from NOS GROUP stated that “With our experience with industrial development, we see significant potential for cooperation and value creation with the investment. The investment will give NOS Group a key position in the green transition and creates potential to develop new business areas for our companies, which may become significant contributors towards our strategy for continued growth.”
The Board will cooperate closely with the new main owner to align plans and activities.
For further information, please contact:
Horisont Energi AS
Leiv Kallestad, CEO
E-mail: leiv.kallestad@horisontenergi.com
Tel: +47 9589 5661