Norsk Hydro: Hydro to receive EUR 28 million compensation following wind farm sale
Hydro agreed in 2025 to a future settlement related to the long-term power purchase agreement (PPA) with the Swedish wind farm Cloud Snurran AB. An agreement to sell the wind park has now been entered into and Hydro expects to receive its settlement compensation following the sale.
The settlement agreement regarding the voluntary termination of the long-term power purchase agreement was entered into in July 2025. According to the agreement, Hydro’s ultimate compensation depends on the realized value from a future sale and an agreed value sharing mechanism.
Following completion of the transaction, Hydro expects to receive compensation of approximately EUR 28 million. The final amount remains subject to customary closing adjustments. Completion is expected mid-October 2026.
Investor contact:
Gerd Aalborg Aas
+47 913 05 534
Gerd.Aalborg.Aas@hydro.com
Media contact:
Anders Vindegg
+47 938 64 271
Anders.Vindegg@hydro.com
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy for the Long-Term While They’re Still Undervalued
Why This Vanguard ETF Is One of the Best
6 ETFs To Diversify Away From AI
The Best AI Stocks to Buy Now
United States