Norsk Hydro ASA Takes a Significant Leap Towards Sustainable Business Model

Norsk Hydro ASA has made a substantial stride in its efforts to transition towards a more sustainable business model, solidifying its position as a leader in the industry. The company has successfully issued its inaugural European Green Bond, securing EUR 500 million through a highly competitive transaction that has garnered significant interest from investors.

This landmark move is a testament to Norsk Hydro’s commitment to pioneering a green aluminium transition, powered by renewable energy. The strong interest from investors confirms the company’s position as an attractive investment opportunity for those supporting sustainable initiatives. The transaction’s competitive terms and alignment with the company’s strategy have been hailed as a major success by Norsk Hydro’s CFO, Trond Olaf Christophersen.

The successful issuance of the European Green Bond is expected to further solidify Norsk Hydro’s position in the sustainable finance markets. This development is a significant milestone in the company’s journey towards a more sustainable business model, and it is likely to have a positive impact on the company’s reputation and investor confidence.

Key Highlights of the Transaction:

• EUR 500 million raised through a highly competitive transaction
• Strong interest from investors confirms Norsk Hydro’s position as an attractive investment opportunity
• Competitive terms achieved and alignment with the company’s strategy
• Expected to further solidify Norsk Hydro’s position in the sustainable finance markets

This development is a significant step forward for Norsk Hydro ASA, and it is likely to have a positive impact on the company’s future prospects. As the company continues to pioneer a green aluminium transition, powered by renewable energy, it is expected to remain a leader in the industry and an attractive investment opportunity for those supporting sustainable initiatives.