Directed share issue in Nel ASA (NO) — NOK 1.6 billion

Carnegie acted as joint bookrunner in the directed share issue of 108,000,000 new shares at a subscription price of NOK 14.90 per share.

Nel has a history tracing back to 1927 and is today a leading pure play hydrogen technology company with a global presence. The company specializes in electrolyser technology for production of renewable hydrogen, and hydrogen fueling equipment for road-going vehicles. Nel’s product offerings are key enablers for a green hydrogen economy, making it possible to decarbonize various industries such as transportation, refining, steel, and ammonia.