Unless Norwegian energy demands are significantly reduced, available and
reliable forecasts indicate a Capacity Gap by 2030 of as much as 25 TWh/y.
We address two Gap Filling Solutions:

• • PROJECT RINGHALS:
    As power + capital + politics are what it takes to deliver on emission reductions,
    COC promotes new nuclear capacity to be built at Ringhals by coinvesting with
    Vattenfall if so wanted and to distribute part of the capacity to industrial Norwegian
    offtakers to enable them to go net zero. COC’s financial contributions will be
    covered by public listing of CoolOff Capital Nuclear ASA at the Oslo Stock Exchange.
    It is assumed that the Swedish and the Norwegian government will take a
    proportional financial responsibility according to the Swedish financial model
    to be applied to make such investments attractive for investors, proportional
    according to country distribution of new capacity.
  • PROJECT GREEN EQUITY:
    The capacity gap will, however, remain
    significant long into the next decade unless Norwegian power producers
    ramp up their investment in renewables significantly. As public owners
    tend to prioritize annual dividends rather than investments in new
    capacity, COC will enable power producers to recirculate capital for gap
    filling purposes by acquiring minority positions in unlisted operational
    renewable energy.

When projects show competitive returns, financial advisors will capitalize
dedicated funds by addressing Norwegian institutional investors; funds to be
managed by CoolOff Capital Management ASA.