Carbon Transport and Storage

This tender concerns Kredsløb Holding A/S' (on behalf of the Kredsløb Group and hereinafter referred to as "Kredsløb") tender procedure of a carbon transport and storage agreement (the "CTS Agreement") concerning the transport and the storage of liquefied CO2 captured at the Carbon Capture Plant at Energipark Lisbjerg (and potential other sources of CO2 in the future). Kredsløb has received no tender submissions, and thus, Kredsløb has decided to cancel the tender procedure. Kredsløb expects to initiate a negotiated procedure without prior call for competition in accordance with article 50(1)(a) of the Utilities Directive (Directive 2014/25/EU), in which Kredsløb expects to invite relevant suppliers directly.