Capsol Technologies, a leading provider of carbon capture solutions, today announced its business and financial update for the fourth quarter of 2025.

Commercial momentum

•         Secured exclusivity for development of U.S. gas turbine project; pre-FEED started

•         Planning for first CapsolGo® campaign in the UK on a gas engine  - mid year startup

•         High activity in U.S. with energy demand and European cement

Partnering with industry titans

•         Holcim invests in Capsol following successful demonstration campaign in 2025

•         Strengthened partnership with Siemens Energy for U.S. gas project; platform for broader opportunity set

•         Industrial collaboration agreement with Saipem to strengthen project execution

Financial strength for the next stage

•         Cash position of NOK 50m and additional NOK 45m raised in January

•         EBITDA of NOK -17.9m in 4Q compared to NOK -11m in Q3

•         Cost reduction initiatives progressing, targeting NOK 15m for the year versus 2025

"Q4 2025 showed strong commercial momentum, including exclusivity in a U.S. gas turbine project, and high activity within the European cement market. We deepened partnerships with Holcim, Siemens Energy, and Saipem to scale execution and broaden opportunities. Financially, we strengthened our position with new capital, improved cost focus, and clear targets to support the next stage of growth,” said Wendy Lam, CEO of Capsol Technologies.

The Q4 2025 business and financial update presentation is attached and available on https://www.capsoltechnologies.com/reports

CEO Wendy Lam and CFO Bjørn Kristian Røed will present the results on March 5, 2026, at 09:00 CET. The session will be moderated by SVP Investment & Strategy, Jacob Zeno Clausen Krøvel.

The presentation will be broadcast as a webcast and questions can be submitted throughout the streaming event: https://teams.microsoft.com/l/meetup-join/19%3ameeting_MDc2NjJhOTgtNWZkMS00MWEyLWFkOTItZmJkOWZjZjc0MDgx%40thread.v2/0?context=%7b%22Tid%22%3a%22f1c4bac4-be81-49df-8c1d-c91210cc5c2e%22%2c%22Oid%22%3a%226d906559-fede-4c63-bd07-f5a6ee471e90%22%7d

About Capsol Technologies

Capsol Technologies ASA is a carbon capture technology provider with a goal of accelerating the transition to a net zero future. The technology combines inherent heat recovery and generation in a stand-alone unit based on a proven and safe solvent. Capsol’s technology is licensed either directly to customers or through industrial partners globally. Key segments include cement, biomass, energy-from-waste and gas turbines. Capsol Technologies is listed on Euronext Oslo Børs (ticker: CAPSL). 

For further information, please contact:
Jacob Zeno Clausen Krøvel
SVP Investment and Strategy, Capsol Technologies
+47 48 40 32 25
[email protected]

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