Porsgrunn, July 7th 2023: Recreate ASA ("Recreate" or the "Company") is pleased to announce that it has entered into a new lease contract with Eramet Norway for 1,054 sqm in Powerhouse Telemark, Porsgrunn. The lease contract will have a duration of 5 years, starting at November 1th 2023. In connection with new lease contract, Recreate has entered into a termination agreement with Evolve regarding the 2nd floor in Powerhouse Telemark, the area Eramet Norway will lease.
Powerhouse Telemark is one of the world's most spectacular and energy-efficient buildings, designed by internationally renowned Snøhetta. The building was completed in August 2020.
Eramet Norway is a leading producer of refined manganese alloys for the global steel industry. The company consists of three smelters located in Porsgrunn, Sauda and Kvinesdal.
For further information, please contact:
Emil Eriksrød, CEO
emil.eriksrod@recreate.no
+47 415 22 463
Eirik Engaas, CFO
eirik.engaas@recreate.no
+47 934 99 340