NEL - Private Placement of 1,225m

Arctic Securities acted as Joint Bookrunner in relation to the Private Placement in NEL ASA with a total transaction size of NOK 1,225 million

Arctic Securities acted as Joint Bookrunner in relation to the Private Placement in NEL ASA with a total transaction size of NOK 1,225 million. The net proceeds from the private placement will allow the Company to pursue larger - and higher volume of projects as well as strategic opportunities. We are grateful for the continued vote of confidence and congratulate on another successful transaction.

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