Aker Horizons Asa (AKHOF) Q4 2024 Earnings Call

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WEBVTT 00:00:01.128 -- 00:00:05.753 Hello, everyone. My name is Lars Bære. I'm the CEO of Aker Horizons. 00:00:05.753 -- 00:00:08.956 Welcome to today's presentation of the fourth quarter results. 00:00:08.956 -- 00:00:14.142 I'm joined here today with CFO Kristoffer Dahlberg and CFO of Mainstream, Julie 00:00:14.142 -- 00:00:15.864 Berg. 00:00:15.864 -- 00:00:21.029 I will first comment upon some key developments since Q3, and then we will 00:00:21.029 -- 00:00:26.773 take you through the status of the investment portfolio and the Q4 financials. 00:00:27.776 -- 00:00:33.419 First out, carbon capture. We're excited to see both material industrial progress 00:00:33.419 -- 00:00:37.644 in the carbon capture business and a significant financial event with yesterday's dividend 00:00:37.644 -- 00:00:39.644 announcement. 00:00:39.647 -- 00:00:44.853 So the ACC board have proposed a cash dividend of NOC 3.5 billion. 00:00:44.853 -- 00:00:50.160 This will provide a NOC 1.5 billion liquidity inflow to Arc Horizons when approved and 00:00:50.160 -- 00:00:52.160 executed. 00:00:52.182 -- 00:00:56.327 This material dividend amount will support the ongoing process to optimize the overall 00:00:56.327 -- 00:00:59.929 capital structure of Arc Horizons. 00:01:00.545 -- 00:01:05.753 The SLB Kapturi JV reached significant industrial milestones last quarter. 00:01:05.753 -- 00:01:10.179 The JV successfully completed the commissioning and handing over of the first modular 00:01:10.179 -- 00:01:15.387 Just Catch 100 carbon capture plant at the Twents Waste to Energy facility 00:01:15.387 -- 00:01:17.607 in the Netherlands. 00:01:17.750 -- 00:01:23.198 Also, the Kapturi JV got the material contract award with the EPCIC contract 00:01:23.198 -- 00:01:28.466 for a 400,000 ton Just Catch uni...