Everfuel A/S

EFUEL ME

DK0061414711

Renewable Fuels

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-16 am EDT			5-day change	1st Jan Change
10.1 ^NOK	-13.68%		-19.33%	+27.36%

Mar. 05	Everfuel A/S Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Mar. 01	Everfuel A/S Provides an Update on the Commissioning of the 20 MW HySynergy 1 Electrolyser	CI

Everfuel : H2Fuel nominated for new hydrogen fueling site in Oslo

December 14, 2020 at 08:31 am EST

Herning, Denmark, 14 December 2020 - H2Fuel Norway AS (H2Fuel) was today, following a competitive bid process, nominated as the only qualified provider by the City of Oslo's Climate Agency for the lease of property at Kjelsrud in Oslo where H2Fuel will develop a new Hydrogen fueling station.

As announced on 25 November, Everfuel and H2Fuel, a subsidiary of Nel Hydrogen, have signed a Memorandum of Understanding (MoU) whereby Everfuel will invest NOK 26 million for 51% ownership interest in H2Fuel, which will be renamed Everfuel Norway Retail AS. The parties plan to execute the final agreement in December 2020. The tender to the Oslo Municipality was submitted in close collaboration between H2Fuel and Everfuel.

"The hydrogen fueling station at Kjelsrud will be a first important step in implementing the joint plan for the development of a nationwide green hydrogen distribution system in Norway, starting in Oslo", says Jacob Krogsgaard, the CEO of Everfuel. "This will be an important step towards shifting to zero-emission mobility for professional transport companies, in particular for heavy-duty trucks."

"The Climate Agency is pleased to announce that H2Fuel is the winner of the competition for a concession agreement to establish an energy station at Kjelsrud in Oslo. H2Fuel's offer to establish a hydrogen station for small vehicles such as taxis and heavy vehicles such as fleets of trucks will help reduce emissions from road traffic in Oslo. At the same time, this will be the start of establishing hydrogen infrastructure in Oslo again, which is an important step on the way for Oslo to become a pilot city for zero-emission trucks," says Heidi Sørensen, Director Climate Agency, City of Oslo.

The Kjelsrud fueling station is expected to be ready for delivery by the end of June 2022, targeting trucks and heavy transport segments, where significant growth is expected in the coming years. Furthermore, it will also cater to customers with vehicle fleets, such as the large taxi companies, of which several parties have shown interest in such a facility. H2Fuel will also seek approval for installing a mobile fueling unit for taxis at Kjelsrud already in mid-2021.

The development is subject to public approvals from the local Agency for Planning and Building Services and the Norwegian Directorate for Civil Protection (DSB). It is also subject to adequate public support programs in support of low-emission hydrogen stations and -vehicles (ENOVA).

Separately, Everfuel on 5 November announced an agreement to acquire H2CO AS, an Uno-X owned company, which has two hydrogen fueling stations and hydrogen distribution assets in Norway. Final closing of the agreement is expected in early 2021 as compared to an initial target of December 2020 pending completion of required permits and documentation to be provided by the seller.

For additional information, please contact

Jacob Krogsgaard, CEO, +45 2871 8945

About Everfuel | www.everfuel.com

Everfuel is making green hydrogen for zero emission mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply- and fueling solutions. We own and operate green hydrogen infrastructure and partner with vehicle OEMs to connect the entire hydrogen value chain and seamlessly provide hydrogen fuel to enterprise customers under long-term contracts. Green hydrogen is a 100% clean fuel made from renewable energy and key to electrification of the transportation sector in Europe and a sustainable future. We are a young ambitious company, headquartered in Herning, Denmark, and with activities in Norway, Denmark, Sweden, The Netherlands, Germany and Belgium, and a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo under EFUEL.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

https://news.cision.com/everfuel-a-s/r/everfuel---h2fuel-nominated-for-new-hydrogen-fueling-site-in-oslo,c3254403

https://mb.cision.com/Public/19914/3254403/8bcfbe30e59e859c.pdf

https://mb.cision.com/Public/19914/3254403/9617b17f57d40f98.pdf

Latest news about Everfuel A/S

Everfuel A/S Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 05	CI
Everfuel A/S Provides an Update on the Commissioning of the 20 MW HySynergy 1 Electrolyser	Mar. 01	CI
Everfuel Faces Delay in Electrolyzer Start-up Amid Quality Issues	Mar. 01	MT
Everfuel Sells Stake in Hydrogen Hub Agder Electrolyzer Project	Feb. 01	MT
Everfuel and Hy24 A/S Sign Final Agreement on Increased Danish Power-To-X Tender Award	Dec. 15	CI
Denmark Inks Final Deal with Everfuel JV on Revised Tender Award	Dec. 15	MT
Nel Agrees to Divest Everfuel Shares in NOK117 Million Deal	Dec. 12	MT
Everfuel Teams up with Japan's HyVC for Hydrogen Production Development	Dec. 12	MT
ITOCHU Corporation and Osaka Gas Co., Ltd. acquired 13.56% stake in Everfuel A/S (OB:EFUEL) from Nel ASA (OB:NEL).	Dec. 11	CI
Everfuel A/S Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 22	CI
Danish Authorities Raise Power-to-X Tender Award to Everfuel, Hy24 Joint Venture	Nov. 20	MT
Everfuel A/S and Hy24 A/S JV Notified as Marginal Winner of the Danish Power-To-X Tender for Production and Supply of Green Hydrogen	23-10-27	CI
Everfuel A/S and Hy24 Complete EUR 200 Million JV for Green Hydrogen Infrastructure in the Nordics	23-09-29	CI
Everfuel A/S Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-29	CI
Everfuel A/S Provides and Updates on Completion and Commissioning Activities on the 20 Mw Hysynergy Phase 1 Electrolyser in Fredericia, Denmark	23-06-29	CI
Everfuel Grounds Hydrogen Trailer Fleet Following Initial Investigation into Leak	23-06-20	MT
Everfuel A/S Announces Chief Financial Officer Changes	23-06-01	CI
Everfuel A/S Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-10	CI
Everfuel Names Deputy CEO as Interim CFO	23-03-29	MT
Everfuel A/S Announces CFO Changes	23-03-29	CI
Everfuel A/S announced a financing transaction	23-03-09	CI
Everfuel, Vestische Join Forces to Test New Mobile Hydrogen Refueling Station	23-03-06	MT
Everfuel and Vestische Straßenbahnen GmbH Sign Contract for Pilot Project with the Mobile Refuelling Solution Everfiller	23-03-06	CI
Everfuel Forms EUR200 Million Green Hydrogen Infrastructure JV Fund with Hy24	23-02-28	MT
Everfuel and Hy24 Create EUR 200 Million JV for Accelerated Development of Green Hydrogen Infrastructure in the Nordics	23-02-28	CI

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Company Profile

Everfuel A/S, formerly Everfuel Europe A/S is a Denmark-based pure-play hydrogen fuel company, establishing, integrating and optimizing the complete green hydrogen value chain. The Company owns and operates hydrogen production (electrolysers), -distribution and -stations, serving mobility customers and industrial stakeholders with hydrogen on competitive, commercial terms under long-term contracts. Everfuel's project portfolio includes the HySynergy project, that involves the establishment of a 20 MW PtX facility. Its purpose is to establish phase I of a large-scale production and storage of green hydrogen, that will support the reduction of the carbon footprint within the existing Crossbridge Energy's refinery processes as well as establish a competitive supply of green hydrogen as zero emission fuel for heavy-duty transportation. The Company has several subsidiaries, including Everfuel Netherlands BV, Everfuel Norway AS and Everfuel GmbH.

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Renewable Fuels

Calendar

2024-04-17 - Annual General Meeting

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