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New Energy

New, sustainable energy mixes are vital to achieving the Paris Agreement 1.5 degree goal. To help the maritime business get there, we invest resources and capital in developing projects and companies within renewable energy, such as hydrogen, ammonia, and bio-fuels – covering the whole supply chain from production to end-user.

Our Portfolio

North Ammonia

Together with our partner, Arendals Fossekompani, we established North Ammonia in 2021 to enable the green shift in the maritime sector. They originate and develop projects to produce green hydrogen and green ammonia and make these next-gen fuels available where needed.
Thun Eos arriving at the port area.

Slagen Energy Hub

The Slagen Energy Hub is planning to support the maritime industry’s journey towards decarbonising its operations, and is aiming to provide both green hydrogen and green ammonia to maritime and industrial customers from 2027 – based on its strategic location at the inlet of the Oslo fjord.

GreenH

GreenH is a Norwegian company that develops infrastructure for producing and distributing green hydrogen from renewable energy. By investing in and working with GreenH we assist in their building, owning and operating hydrogen production facilities for the maritime sector, transport and industry.
One of MS Green Ammonia´s vessels.

MS Green Ammonia

In 2018, five Scandinavian industry partners joined to look for solutions to the decarbonisation challenge in the maritime industry. From what was called the ZEEDS initiative, our MS Green Ammonia idea was born – an ammonia-fuelled ammonia tanker – the basis for what will become the Grieg ammonia distribution vessels