News
Varme Energy Inc., a subsidiary of GTH, has signed a waste agreement with the City of Edmonton. Scheduled to start by 2027, the initiative aims to divert 150,000 tonnes of residential waste from landfills each year. The project will see the construction of an advanced waste-to-energy facility in Edmonton, focused on sustainable waste management, energy generation and CCS.
(Oslo, 1st November 2023) Carbon Circle AS has secured an equity investment from Amplus Energy Services Ltd. in the UK.
Finnish consulting and engineering company Elomatic makes equity investment in Varme Energy Canada
Carbon Circle has been awarded the EPC contract for world's first post combustion carbon capture unit for FPSO by Yinson Porduction
Exciting Milestones & Opportunities Ahead
OSLO – Dec 20, 2022 – Green Transition Holding (GTH) has signed an agreement to sell its 49% ownership Green Bio, a bio energy development and asset owning company. Green Bio was established in 2021 to develop a bio energy district heating platform in Norway. Following a year and a half of development, GTH has decided to divest its shareholding. Today Green Bio owns ten operating bio energy plants, with a yearly production of about 20 GWh, as well as one large greenfield project under development. “This has been a successful journey for GTH, developing the Green Bio platform and generating value for both GTH and the other shareholders over the last year and a half. We would like to thank Partner Energy for the partnership and wish them all the best for future growth.” says Paal Skoe, CEO GTH. GTH will use the proceeds from the transaction to further invest in the energy transition.
