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Norsk Hydro
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Short description

Producer of aluminium and related products; hydropower and solar power technologies

Founded in 1905
Founded in

Company type Public Public (NHY.OL)
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Norway Norway
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Updated by Cleantech Group on 01/24/2025

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Date Company
Partnerships
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Date Partner Type
01/30/2025
Rio Tinto Rio Tinto
Hydro and Rio Tinto partner to identify and evaluate available carbon capture technologies for future implementation in the aluminium electrolysis process.
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Confirmed by Rio Tinto
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Investment Rounds
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IPO INFORMATION

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IPO status

IPO Type

Amount

Initial shares

Ticker symbol

NHY.OL

Exchange listed

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Prospectus

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Description

Date Investors Type Amount
01/16/2025 (0)
Post-money valuation of
The proceeds from the bond issue will be allocated to eligible projects as defined in Hydro’s Green and Sustainability-Linked Financing Framework, and contribute to advancing Hydro’s strategy of accelerating the green aluminium transition. The bonds will be listed on the Irish Stock Exchange (Euronext Dublin). Citi, Danske Bank, ING, J.P. Morgan and SEB are Joint Lead Managers for the transaction.
Loan $515,110,000
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