Norsk Hydro Agrees To Voluntary Termination of Long-Term Power Purchase Agreement With Cloud Snurran AB

NORSK HYDRO ASA +0.67%

NORSK HYDRO ASA

NHYDY

7.49

+0.67%

Hydro has agreed to a settlement for the long-term power purchase agreement (PPA) with Cloud Snurran AB. In the settlement, Hydro is entitled to compensation of up to EUR 90 million for its voluntary termination of the PPA. 

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