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Two of Hexicon AB’s (publ) offshore wind power projects in Sweden are rejected

MAR

Today, the Swedish Government announced that 13 submitted applications to build offshore wind farms in the Baltic Sea, south of the Sea of Åland, are rejected. This means that Hexicon's joint venture company, Freja Offshore, terminates the work with the Cirrus and Dyning projects.

Hexicon has been operating Freja Offshore together with Mainstream Renewable Power, a company within the Aker Group, since 2021, with the aim of developing offshore wind farms off the coast of Sweden.

Freja is also developing the Mareld wind farm, which is planned off the west coast of Sweden. In June this year, the project received a recommendation from the County Administrative Board of Västra Götaland County and is currently being processed by the Swedish Government.

For more information, please contact:

Hexicon’s Communications Department
communications@hexicongroup.com

About Hexicon

Hexicon is an early project developer in floating wind, opening new markets in deep water areas, and a technology provider with a patented floating wind design – TwinWind™. The dual business model supports the world’s transition to sustainable energy. Floating wind is an important part of the future energy mix. It can be deployed quickly and at scale, contributing to the electrification of society at large. Hexicon operates in several markets across Europe, Africa and Asia. Hexicon is listed on Nasdaq First North Premier Growth Market (ticker HEXI). Certified Adviser is FNCA Sweden AB.

www.hexicongroup.com

This information is information that Hexicon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-11-04 13:10 CET.

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Two of Hexicon AB’s (publ) offshore wind power projects in Sweden are rejected

Datum 2024-11-04, kl 13:10
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Two of Hexicon AB’s (publ) offshore wind power projects in Sweden are rejected
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