Aker Horizons to merge with Aker Offshore Wind and Aker Clean Hydrogen

OSLO, NORWAY: Aker Horizons ASA announced merger plans with Aker Offshore Wind AS and Aker Clean Hydrogen AS. Aker Horizons and Aker Offshore Wind (AOW) to combine in an all-stock merger that will reposition AOW as a privately held subsidiary of Aker Horizons, with the intention to combine AOW with its portfolio company Mainstream Renewable…

Aker Horizons, Aker Offshore Wind enter cooperation agreement with Statkraft

OSLO: Aker ASA announced that its wholly owned subsidiary, Aker Horizons AS, and Aker Offshore Wind Operating Company AS have entered into a cooperation agreement with Statkraft AS to explore possibilities for collaboration on offshore wind power projects on the Norwegian Continental Shelf (NCS). Aker Horizons, Aker Offshore Wind and Statkraft will work together and…

Aker Offshore Wind increases stake in Principle Power Inc

OSLO: Aker Offshore Wind has increased its ownership in Principle Power Inc from approximately 20 percent to an expected 39 percent, after exercising an option to buy further shares in the floating wind technology company. “Principle Power is established as the industry leading provider of floating wind foundation technology, with more than 100MW of installed…

Aker Offshore Wind completes installation of LiDARs in South Korea

OSLO: Aker Offshore Wind has successfully installed LiDARs offshore Ulsan, South Korea, marking a major milestone for the company’s KFWind consortium, which is working to develop an offshore floating wind park of 500 MW in the first stage. The LiDARs, or Light Detection and Ranging buoys, perform wind measurements and will stay in place for…