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15 March 2023

Innargi signs first contract in Germany

The geothermal energy company Innargi is going to investigate geothermal district heating in Kiel

Today, Innargi has signed an agreement with Stadtwerke Kiel to investigate the potential for geothermal district heating. The investigation is expected to be completed by the end of 2023 and if successful, Innargi is to build and operate several geothermal heating plants in Kiel.

“If we want to succeed in transitioning our energy sector, new tools must be used – and geothermal energy can play an important role in the heat supply of the future. Together with Stadtwerke Kiel, we are now investigating the potential for geothermal district heating, and I am convinced that in a few years, we will be able to make an important contribution towards the green transition of Kiel’s heat supply.”
Samir Abboud, CEO of Innargi

News from the A.P. Moller Group

A.P. Moller Holding launches Vioneo to pioneer fossil-free plastics production

A.P. Moller Holding has launched Vioneo, a new venture dedicated to transforming plastics production. Vioneo will manufacture fossil-free plastic resins and significantly reduce the carbon footprint associated with plastics production.

A.P. Moller Holding announces a recommended public cash offer to the shareholders of Concentric

A.P. Moller Holding’s wholly-owned subsidiary Circle Bidco ApS has announced a recommended public cash offer to acquire Concentric AB, a Swedish provider of flow control and fluid power technology for the commercial vehicle market, listed on Nasdaq Stockholm. The offer of SEK 230 in cash per share in Concentric has been unanimously recommended by the Board of Directors in Concentric, and is backed by shareholders in Concentric together controlling 16.7 percent of the outstanding shares in the company.

A.P. Moller Holding combines Maersk Supply Service with DOF Group and creates Maersk Offshore Wind

A.P. Moller Holding has entered into an agreement to combine its subsidiary Maersk Supply Service A/S with Norwegian DOF Group ASA (DOF Group) to create a leader supporting the offshore oil and gas industry. Maersk Supply Service’s innovative wind offshore installation concept will remain owned by A.P. Moller Holding as an independent offshore maritime company named Maersk Offshore Wind, focusing the growing global offshore wind installation market.