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GTH subsidiary Carbon Circle secures investment from Amplus Energy

November 1, 2023

(Oslo, 1st November 2023) Carbon Circle AS has secured an equity investment from Amplus Energy Services Ltd. in the UK.

Carbon Circle is already established in the Norwegian carbon capture sectors and the new entity Carbon Circle UK is poised to drive the emerging carbon capture market in the UK with the aim to become a major energy transition employer in Aberdeen.


“We are excited by our partnership with Amplus Energy, a collaboration set to enhance the growth and innovation of the carbon capture sector in the UK. The UK government’s significant commitment of £20 billion to Carbon Capture and Storage (CCS) is a testament to the strategic importance of CCS technologies in achieving national net-zero ambitions. With the support and expertise of Amplus Energy, Carbon Circle is ready to be a major contributor in the UK’s carbon capture sector”, says Aslak Hjelde, CEO of Carbon Circle.


Amplus Energy has established itself as a provider of global field development services and possess deep domain knowledge and wide-ranging contacts within the UK energy industry that will add significant support to the growth of Carbon Circle UK. The company’s services cover all aspects from project launch to completion, including investment and financial solutions.


“Amplus are excited by this opportunity to participate within the Energy Transition in the UK through bringing our client focused, innovative approach to project delivery coupled with the “best-in-class” domain knowledge and significant EPC experience already assembled within Carbon Circle. The creation of Carbon Circle UK brings a new, innovative Carbon Capture EPC partner into a UK market with huge potential.” says Ian Herd, Managing Director at Amplus Energy.


Carbon Circle is a provider of energy transition solutions covering all facets of EPC projects and is already working on front end engineering and design (FEED) studies for the de-carbonisation of two major industrial sites in the UK. Carbon Circle has secured significant orders in both Norway and Canada.


For further information, please contact:


Paal Skoe, CEO Green Transition Holding

Email: paal.skoe@green-th.com

Phone: +47 971 33 431


About Carbon Circle


Carbon Circle is a project development and EPC house addressing the large demand for carbon reduction and energy transition solutions globally. Carbon Circle has a highly experienced EPC team with decades of energy and carbon abatement experience. Carbon Circle offers tailored end-to-end solutions to the energy industry and large-scale emitters looking to reduce their footprint and actively participate in the race to zero. www.carboncircle.com


About Green Transition Holding


Green Transition Holding (GTH) is a project developer and asset owner within the EfW and bio energy space. Our mission is to develop and commercialize innovative technologies that improve the sustainability of industries. Through our Group Companies we offer a proven EfW technology and more than 30 years of industrial experience in constructing, developing, and maintaining waste and energy assets. GTH was listed on the NOTC list in December 2020 and holds the ticker code GTH.


About Amplus Energy


Since being formed in 2008, Amplus Energy has consistently developed new, more agile ways to discover and deliver smarter methods of global field development in the oil and gas industry, using a range of floating solutions. Headquartered in Aberdeen, the company has a highly experienced and connected core team with expertise in management, safety, operations, technology and investment, and has established itself as a pivotal partner in creating specialised and viable asset development strategy, from concept to completion. www.amplus-energy.com


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