Norsk Hydro

Norsk Hydro is a Norway-based company that specializes in the production and supply of aluminum and aluminum products, making it the third-largest integrated aluminum supplier globally. Founded in 1905, the company also plays a significant role in renewable energy production, contributing to the light metals sector. Norsk Hydro aims to foster a more sustainable society by promoting resource-efficient and energy-efficient solutions through innovation. Their advancements include the development of aluminum precision tubing for automotive cooling systems, which enhances vehicle efficiency and reduces emissions. By improving product designs, Norsk Hydro not only supports global development and climate change mitigation but also generates employment opportunities in various communities.

Hilde Merete Aasheim

President and Chief Executive Officer

Svein Richard Brandtzæg

President and Chief Executive Officer

Stian Hasle

Head of Investor Relations

Line Haugetraa

Head of Investor Relations

Eivind Kallevik

Executive Vice President

Pål Kildemo

Executive Vice President and Chief Financial Officer

Olena Lepikhina

Investor Relations Officer

Christopher Minora

Investor Relations Officer

13 past transactions

Verdox

Venture Round in 2022
Verdox is dedicated to reversing climate change through the development and deployment of advanced technology. The company’s proprietary electro-swing process, developed at MIT, enables carbon dioxide and other acid gases to be captured with up to 80% less energy and 70% less cost than conventional approaches.

Technal Middle East

Acquisition in 2019
Technal Middle East delivers tailor-made aluminium building solutions. Technal Middle East offers the most suitable proprietary products and engineering solutions at the right price in the GCC & the region.

Corvus Energy

Venture Round in 2017
Corvus Energy Ltd. engages in the research, development, manufacture, and supply of energy storage solutions for marine, oil and gas, and port applications. The company offers energy storage systems for hybrid and electric propulsion. Its services include technical support, spare parts, extended warranty, recycling, field service, training, consulting, upgrades, and concierge service agreement. The company serves cruise and ferry, offshore, fishing and aquaculture, tugs and workboats, subsea, merchant, and port markets. Corvus Energy Ltd. was founded in 2009 and is headquartered in Richmond, Canada.

Orkla - Sapa

Acquisition in 2017
Sapa is the world’s leading supplier of extrusion-based aluminium solutions in key segments such as Automotive, Transportation and Building and Construction. Its market share at the end of 2014 was 25% in Europe and 30% in North America. Sapa operates within the areas extruded profiles, building systems and precision tubing. With more than 100 production sites and 23,000 employees across more than 40 countries, Sapa delivers aluminium solutions to global, regional and local customers.

NorSun

Private Equity Round in 2009
NorSun AS is a Norwegian company that specializes in the manufacture and marketing of mono-crystalline silicon ingots and wafers for the global solar energy sector. Established in 2005 and headquartered in Oslo, Norway, the company produces both n-type and p-type mono-crystalline silicon ingots, blocks, and customized single crystal silicon wafers, which are essential for solar cell production. With modern production facilities located in Årdal, Norway, and Vantaa, Finland, NorSun has an annual production capacity that is projected to exceed 200 MWp. The company caters to leading manufacturers of high-efficiency solar cells, emphasizing quality and innovation while striving to enhance economies of scale and advance technologies that enable efficient and sustainable conversion of sunlight into electricity.

Stingray Geophysical

Series A in 2006
Stingray Geophysical provides reliable, cost-effective seismic Permanent Reservoir Monitoring (seismic PRM) solutions to the global oil and gas industry, enabling companies to improve their production and increase hydrocarbon reserves while reducing risk and cost.

NorSun

Venture Round in 2006
NorSun AS is a Norwegian company that specializes in the manufacture and marketing of mono-crystalline silicon ingots and wafers for the global solar energy sector. Established in 2005 and headquartered in Oslo, Norway, the company produces both n-type and p-type mono-crystalline silicon ingots, blocks, and customized single crystal silicon wafers, which are essential for solar cell production. With modern production facilities located in Årdal, Norway, and Vantaa, Finland, NorSun has an annual production capacity that is projected to exceed 200 MWp. The company caters to leading manufacturers of high-efficiency solar cells, emphasizing quality and innovation while striving to enhance economies of scale and advance technologies that enable efficient and sustainable conversion of sunlight into electricity.

NorSun

Private Equity Round in 2006
NorSun AS is a Norwegian company that specializes in the manufacture and marketing of mono-crystalline silicon ingots and wafers for the global solar energy sector. Established in 2005 and headquartered in Oslo, Norway, the company produces both n-type and p-type mono-crystalline silicon ingots, blocks, and customized single crystal silicon wafers, which are essential for solar cell production. With modern production facilities located in Årdal, Norway, and Vantaa, Finland, NorSun has an annual production capacity that is projected to exceed 200 MWp. The company caters to leading manufacturers of high-efficiency solar cells, emphasizing quality and innovation while striving to enhance economies of scale and advance technologies that enable efficient and sustainable conversion of sunlight into electricity.

Stingray Geophysical

Venture Round in 2006
Stingray Geophysical provides reliable, cost-effective seismic Permanent Reservoir Monitoring (seismic PRM) solutions to the global oil and gas industry, enabling companies to improve their production and increase hydrocarbon reserves while reducing risk and cost.

Navita Systems AS

Venture Round in 2005
Navita is a leading player in Europe in the market for systems for power, gas, and other energy and commodity trading, and has more than 100 system installations in the Nordics, Europe, North America and Asia. NAVITA has headquarters in Halden (Norway), and has grown into a global development with offices in Los Angeles (US), Houston (US), Toronto (Canada), London (UK), Edinburgh (UK), Oslo (Norway) and Frankfurt (Germany).

Spinnaker Exploration

Acquisition in 2005
Spinnaker is an independent energy company engaged in the exploration, development and production of natural gas and oil in the U.S. Gulf of Mexico. They currently have licenses to approximately 5,700 blocks of mostly contiguous, recent vintage 3-D seismic data in the Gulf of Mexico.

Comverge

Series A in 2003
Comverge is an industry-leading provider of integrated demand response, energy efficiency, and customer engagement solutions that enable electric utilities to ensure grid reliability, lower energy costs, meet regulatory demands, and enhance the customer experience. Through its combination of software, hardware, and services, Comverge helps utilities optimize the management of every aspect of an energy management program, from participant recruitment and device installation to call center support, control events, and measurement and verification. Comverge has worked with hundreds of electric utilities to deploy nearly six million energy management devices and enroll more than 1.6 million residential customers into mass-market demand management programs.

VAW Aluminum AG

Acquisition in 2002
VAW Aluminium is engaged in the production of aluminum and aluminum products. This company's products include: rolled aluminum products, including foil, lithography, cans and strip; flexible packaging; castings, automotive, grey cast iron engines and transmissions and chassis; extruded products and systems technology, large and small extrusion technology, tube forming technology; aluminum, rolling ingots, extrusion billets, casting alloys, high-purity aluminum, raw materials including oxide, metal services and carbon and graphite products.