Everfuel A/S

EFUEL ME

DK0061414711

Renewable Fuels

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-30 am EDT			5-day change	1st Jan Change
9.71 ^NOK	+0.52%		-7.17%	+22.45%

Apr. 18	Everfuel A/S Appoints Yasuhiro Miyata to the Board of Directors	CI
Mar. 05	Everfuel A/S Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Everfuel transfers Hydrogen Hub Agder ownership to Greenstat Hydrogen AS

February 01, 2024 at 06:12 am EST

Herning, Denmark, 1 February 2024 - Everfuel A/S has transferred its ownership
in the planned 20 MW Hydrogen Hub Agder electrolyser to the project partner
Greenstat Hydrogen AS in exchange for potential future milestone-based payments
for its participation in the development of the project.

The potential future payments depend on the project achieving final investment
decision. Following the share transfer, Greenstat Hydrogen AS own 100% of the
project located in Kristiansand, Norway.

"This transaction is in line with our realigned strategy with focus on phased
development of large-scale electrolysers in Denmark to meet demand for green
hydrogen from large industrial users in Germany and continental Europe. We are
pleased that our project partner Greenstat Hydrogen AS now assumes full
ownership to further mature the project and bringing the facility into
production to decarbonise maritime transport," says Jacob Krogsgaard, founder
and CEO of Everfuel.

For further information, please contact:

Jacob Krogsgaard, CEO, Everfuel, +45 2871 8945
Mads Tirsgaard Mortensen, Investor Relations Manager, Everfuel, mm@everfuel.com,
+45 7730 4727

About Everfuel | www.everfuel.com

Everfuel is making green hydrogen for zero emission industry and mobility
commercially available across Europe, offering competitive all-inclusive
hydrogen supply and fuelling solutions. We own and operate green hydrogen
infrastructure and partner with industry and 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 energy
carrier made from renewable solar and wind power and key to decarbonising
industry and transportation in Europe. We are an ambitious, rapidly growing
company, headquartered in Herning, Denmark, and with activities in Norway,
Denmark, Sweden, The Netherlands and Germany, and a plan to grow across Europe.
Everfuel is listed on Euronext Growth in Oslo under EFUEL.

Click here for more information

Latest news about Everfuel A/S

Everfuel A/S Appoints Yasuhiro Miyata to the Board of Directors	Apr. 18	CI
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 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. Everfuelâs 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 Energyâs 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.

Sector

Renewable Fuels

Calendar

2024-05-14 - Q1 2024 Earnings Release

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