Aker Horizons: Reducing emissions, creating values

Aker Horizons exercises active ownership in companies within renewable energy and low-carbon solutions. Limiting and reducing greenhouse gas emissions also provides value creation.

The investment company holds 51 percent of the shares in both Aker Offshore Wind and Aker Carbon Capture. Aker Horizons also has industrial ambitions in hydrogen and green technologies space.

Geographical market:
Kristian Røkke
Renewable energy and low carbon solutions
Øyvind Eriksen
Share of Aker's total assets (3Q20)
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Aker’s ownership agenda

Aker Horizons is set up as a wholly owned entity of Aker, consisting of a competent and dedicated team with a flexible mandate for an active ownership to build future-oriented companies. The ambition is to be a driving force for decarbonization through companies that develop and deliver industrial solutions. The goal is to build a long-term platform for value creation, where Aker Horizons can take advantage of technologies, industrial competence and software available in Aker-owner companies.

Aker Carbon Capture and Aker Offshore Wind form the basis for Aker Horizons’ investment portfolio. Through Aker Horizons, each portfolio company works independently to create value, cooperating with Aker-owner companies and other companies in its value chain.

Øyvind Eriksen, Martin Bech Holte and Kjell Inge Røkke represent Aker on Aker Horizons’ board of directors.

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Aker Offshore Wind: floating offshore wind for a sustainable future

Aker Offshore Wind is an offshore wind park and technology solution developer. The company draws on several decades of development of offshore energy projects, in addition to its ownership share in the wind technology company Principle Power.

Aker Offshore Wind participates in the development of wind farms in deep water, both as an operator and part owner – comparable to an offshore wind industry version of Aker BP. The company has unique expertise within offshore engineering, technologies and installations, and project management. Aker Offshore Wind’s portfolio consists of development projects and prospects in Asia, North America and Europe.

Click here to read more about Aker Offshore Wind
CCS Akersgaten Mongstad

Aker Carbon Capture: A commercial breakthrough for carbon capture

Aker Carbon Capture is a dedicated carbon capture company with solutions, services and technologies for handling CO2 challenges. The company builds on more than 20 years of carbon capture technology development and operational facility experience as part of the Aker Group.

The carbon capture technology has successfully been tested at the Norwegian Technology Centre Mongstad, and at waste-to-energy, cement facilities, refineries and coal power plants. This represents commercial opportunities, and the major breakthrough was the framework agreement with the HeidelbergCement/Norcem facility in Breivik, Norway, that has a set its goal for yearly reduction of CO2 emissions to 400 000 tonnnes, comparable to the emissions from 200 000 fossil cars per year.