Business
NORTH: NAV up 6.2% to NOK 589.0m, strong cash, key investments progress, risks persist
NORTH: NAV up 6.2% to NOK 589.0m, strong cash, key investments progress, risks persist
About this update from North Energy Asa
NAV rose to NOK 589.0 million, up 6.2% from last quarter, with Q2 comprehensive income of NOK 8.0 million. Cash position strengthened, key investments in Reach Subsea and WCS advanced, and a NOK 1,200 million grant was secured for offshore wind. Market volatility and policy risks remain.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.