The transaction includes all of Hydro's current shares in Corvus Energy. Following and as a result of the transaction, Hydro will no longer hold any stake in Corvus Energy.
Hydro has been a shareholder in Corvus Energy since 2017.
The sale aligns with Hydro's strategic priorities and portfolio optimization efforts, where a decision to no longer prioritize batteries as a core growth area was communicated at the company's Capital Markets Day 2024.
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Published: November 19, 2025
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Norsk Hydro ASA published this content on November 19, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 19, 2025 at 07:09 UTC.
Norsk Hydro ASA is one of the world's leading producers of aluminium and energy. Net sales break down by activity as follows:
- manufacturing of aluminium products (44.6%): primarily extruded aluminium profiles, rolled aluminium products, tubes, sheet metal, construction metals, automotive components, etc.;
- sale and trading of aluminium (36.4%);
- production and refining of aluminium (16.6%): bauxite and alumina, raw aluminium and aluminium foundry products;
- production and distribution of energy (2.4%): electricity (No. 2 producer in Norway) and hydroelectric power.
Net are distributed geographically as follows: Norway (5.9%), Germany (9.5%), Poland (4.2%), France (3.9%), European Union (12.9%), Switzerland (6.9%), the United Kingdom (2.3%), Europe (7.9%), the United States (22.3%), Americas (7.7%), Japan (3.6%), China (2.6%), Asia and the Middle East (10.3%).
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Global
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