Norsk Renewables AS - New share capital registered.

Stavanger, 29 April 2024. Reference is made to the stock exchange announcements
published by Norsk Renewables AS (the "Company") on 05 April and 19 April 2024,
regarding the subsequent offering of up to 23,200,000 new shares in the Company
(the "Offer Shares"), each with a nominal value of NOK 0.01, at a subscription
price of NOK 0.30 per Offer Share (the "Subsequent Offering"), and the Company's
stock exchange announcement made on 22 April 2024, where the Company announced
that it had received valid subscriptions for, and would issue, a total of
12,385,143 Offer Shares in the Subsequent Offering.
The share capital increase pertaining to the 12,385,143 Offer Shares has been
registered with the Norwegian Register of Business Enterprises, and the
Company's new share capital is NOK 2,091,057.04, divided into 209,105,704
shares, each with a nominal value of NOK 0.01.
This information is subject to a duty of disclosure pursuant to the Company's
continuing obligations as a company listed on Euronext Growth Oslo.
For more information, please contact:
Ingrid Sara Grimstad Amundsgård
EVP Sustainability, HSE, Communications & Investor Relations
ingrid.sara@norskrenewables.com
+ 47 90135533


Norsk Renewables AS in brief

Norsk Renewables AS is a vertically integrated independent power producer with
approximately 100 MW of solar power in operation or under construction, combined
with a 1 GW secured portfolio under development. Expanding commercial offerings
with wind and storage projects is in line with the company`s strategy to replace
consumers' energy consumption with 100% renewable power.