Anzeige
Mehr »
Login
Dienstag, 27.07.2021 Börsentäglich über 12.000 News von 669 internationalen Medien
TAAT erhält den Preis für "Bestes neues Produkt"!
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche

WKN: A111AY ISIN: NO0010708068 Ticker-Symbol: 213 
Tradegate
26.07.21
20:21 Uhr
3,350 Euro
+0,024
+0,72 %
Branche
Dienstleistungen
Aktienmarkt
Sonstige
1-Jahres-Chart
VOW ASA Chart 1 Jahr
5-Tage-Chart
VOW ASA 5-Tage-Chart
RealtimeGeldBriefZeit
3,3303,38026.07.
3,3283,38026.07.
GlobeNewswire (Europe)
330 Leser
Artikel bewerten:
(2)

Vow ASA: Vow secures financing to accelerate landbased initiatives

Vow ASA ('Vow' or the 'Company') has secured NOK 320 million long-term financing from DNB, the bank, establishing a strong financial foundation for further innovation and project development in land-based industries.

The financing arrangement consists of a NOK 170 million term loan and a NOK 150 million revolving credit facility, both classified as "green financing" at attractive terms, and within the DNB Sustainable Product Framework. This framework includes a verification by DNV, the assurance and risk management company, and is based on the international Green Loan Principles (GLP).

"The new loan and credit facility will further bolster our efforts to grow our landbased business. In March this year we raised NOK 230 million in gross proceeds to the company through a private placement, and more recently we were awarded a NOK 81 million grant from Enova to support the building of a first biocarbon production plant at Follum in Eastern Norway," said Henrik Badin, Chief Executive Officer (CEO) of Vow.

Enova is a Norwegian state-owned enterprise established to promote a shift towards more environmentally friendly energy consumption and production. The plant at Follum is an important first for Vow Green Metals, a recently established subsidiary which will be demerged from Vow and listed as a separate company later this summer.

"We have now not only secured financing of Vow's involvement in Vow Green Metals' first stage development at Follum. We have also established a strong financial foundation for further expansion at Follum and innovation and project development activities in other land-based industries. Our pipeline is rife with interesting opportunity in a number of industry verticals, including CO2 neutral energy, metallurgy, and various forms of biomass conversion and valorisation," said Mr Badin.


For more information please contact

Henrik Badin, CEO, Vow ASA
Tel: + 47 90 78 98 25
Email: henrik.badin@vowasa.com

Erik Magelssen, CFO, Vow ASA
Tel: +47 928 88 728
Email: erik.magelssen@vowasa.com


About Vow

Vow and its subsidiaries Scanship and Etia are passionate about preventing pollution. The company's world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Cruise ships on every ocean have Vow technology inside which processes waste and purifies wastewater. Fish farmers are adopting similar solutions, and public utilities and industries use our solutions for sludge processing, waste management and biogas production on land.

With advanced technologies and solutions, Vow turns waste into biogenetic fuels to help decarbonise industry and convert plastic waste into fuel, clean energy, and high-value pyro carbon. The solutions are scalable, standardised, patented, and thoroughly documented, and the company's capability to deliver is well proven. They are key to end waste and stop pollution.

Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker VOW).

This information is subject to the disclosure requirements pursuant to section 5 - 12 of the Norwegian Securities Trading Act.


VOW-Aktie komplett kostenlos handeln - auf Smartbroker.de
© 2021 GlobeNewswire (Europe)
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.