Norsk Solar lists on Euronext Growth

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NOK 110 MILLION RAISED – MARKET CAPITALISATION OF NOK 710 MILLION

Oslo - 19 April 2021 – Euronext today congratulates Norsk Solar on its listing on Euronext Growth Oslo (ticker code: NSOL).

Norsk Solar develops, builds, owns and operates solar plants in emerging markets, with offices in Nicaragua, Brazil, South Africa, Vietnam, and Ukraine.

The company recently raised NOK 110 million through the issue of new shares. The shares were sold at NOK 9.50 and the company’s market capitalisation was NOK 710 million on the day of listing.

Øyvind L. Vesterdal, CEO of Norsk Solar, said: “Listing on Euronext Growth is an important milestone for Norsk Solar and will contribute to the company's growth.”

Welcome: Øivind Amundsen, President and CEO of Oslo Børs rang the bell with Øyvind L. Vesterdal, CEO of Norsk Solar, during a virtual ceremony to celebrate the listing of the company this morning.

About Norsk SolarNorsk Solar AS is a Norwegian power producer of solar PV plants in emerging markets. The largest shareholder is Valinor AS, a leading renewable energy company, together with over 900 MW of renewable energy projects commissioned. Norsk Solar develops, builds, owns and operates solar PV plants in emerging markets where Norsk Solar can make the biggest impact. Norsk Solar's global reach is supported by its offices in Nicaragua, Brazil, South Africa, Vietnam, and Ukraine.

Download press release - Norsk Solar

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