Horisont Energi

SANDS is proud to have has acted as legal counsel to Horisont Energi AS and Fearnley Securities AS in connection with the NOK 150 million private placement in Horisont Energi, a company based in Stavanger, Norway which is developing blue hydrogen, blue ammonia and carbon storage solutions.

Horisont Energi will use the net proceeds to fund the expansion of the organization to bring the company's first blue ammonia project (“Project Barents Blue”), a Finnmark based blue hydrogen/ammonia plant and related offshore CCS infrastructure to be developed in a partnership with Equinor to a final investment decision stage, and for general corporate purposes.

A big congratulations to Bjørgulf Haukelidsæter Eidesen, Dan Jarle Flølo, Eivind Torheim and their team! This is an exciting step in the development of Horisont Energi.

SANDS’ team was led by Peder Knudtzon and Martin Brox with assistance from Stig Nordal and Gisle Årnes. Read more here.