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.
Published: November 19, 2025
