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Horisont Energi AS ( (DE:9GJ) ) just unveiled an update.
In 2024, Horisont Energi faced challenges due to a slowdown in the green transition, impacting project timelines. Despite this, the company made significant commercial progress, secured strategic partnerships, and streamlined operations to ensure long-term value creation. Key developments included obtaining EU Project of Mutual Interest status for the Gismarvik CO2 hub, extending agreements, and signing non-binding term-sheets for gas supply and ammonia sales. Financially, the company reported reduced operating losses and maintained sufficient funding for project development into 2026, contingent on successful financing processes.
More about Horisont Energi AS
Horisont Energi is a company operating in the energy sector, focusing on green energy solutions and carbon capture initiatives. Its primary services include the development of CO2 hubs and green fuel corridors, with a market focus on connecting Northern Europe with other regions through sustainable energy projects.
YTD Price Performance: -50.59%
Average Trading Volume: 362
Technical Sentiment Signal: Buy
Current Market Cap: €2.56M
For detailed information about 9GJ stock, go to TipRanks’ Stock Analysis page.