Saga Pure takes 12% stake in blue hydrogen, ammonia developer Horisont Energi
Green Car Congress
JANUARY 1, 2021
Saga Pure ASA, an investment company focusing on opportunities within renewable energy, hydrogen, circular economy and CO 2 reductions, has invested NOK 35 million (US$4.1 million) in a gross NOK 150-million (US$17.6-million) private placement of new shares in Horisont Energi AS, corresponding to an ownership of 11.7% in Horisont Energi. Horisont Energi, based in Stavanger, Norway, is developing blue hydrogen, blue ammonia and carbon storage solutions.