Carnegie Investment Bank Norway is proud to have acted as Joint Bookrunner for the successful NOK 4.6 billion private placement and Joint Lead Manager for the NOK 1.5 billion convertible bond issue by Aker Horizons.
The private placement was multiple times over-subscribed and attracted significant interest from leading domestic, Nordic and international institutional investors including DNB Asset Management, Folketrygdfondet, Handelsbanken Fonder and Swedbank Robur.
The convertible bond issue attracted strong interest from Nordic and international investors and was significantly oversubscribed.
Net proceeds from the transaction will be used to partially fund the acquisition of Mainstream Renewable Power as well as for general corporate purposes.
Aker Horizons, founded in 2020, is an investment company exercising active ownership in companies within renewable energy and low-carbon solutions to limit and reduce greenhouse gas emissions, while providing substantial value creation over time.
Carnegie congratulates Aker Horizons and the team with the successful transaction and we look forward to continuing our support of Aker Horizons going forward.