Aker Clean Hydrogen: Third-Quarter Results 2021
Comunicato Precedente
Comunicato Successivo
"We have made further progress to make hydrogen affordable. Some of our Norwegian projects under development show hydrogen cost levels of USD 3.5-4.5 per kg. In the current market environment, with very high gas prices, this matches the cost levels for grey hydrogen," said Knut Nyborg, Chief Executive Officer of Aker Clean Hydrogen.
Highlights in the third quarter included:
Financial results and outlook
Revenue for the third quarter of 2021 was NOK 7.6 million and operating loss was NOK 47 million, reflecting costs related to maturing the projects, growing the pipeline and building the organization. The company also had costs related to the operational development including the project execution model, standardization, digitalization, and supply chain. The cash balance at the end of the period was NOK 2,787 million.
Aker Clean Hydrogen expects to make the first investment decision for the Rjukan and Berlevåg projects during 2022.
Aker Clean Hydrogen will present the results in a live webcast, followed by a Q&A session, today at CET 0930 via:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20211022_1
CONTACT:
Media contact:
Mathias Reierth, mob: +47 988 05 724, email: mathias.reierth@akerhorizons.com
Ivar Simensen, mob: +47 46 40 23 17, email: ivar.simensen@akerhorizons.com
Investor contact:
Christian Yggeseth, mob: +47 915 10 000, email: christian.yggeseth@akerhorizons.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/aker-clean-hydrogen/r/aker-clean-hydrogen--third-quarter-results-2021,c3438047
The following files are available for download:
Ufficio Stampa
PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom
