"The fourth quarter concluded a successful year for NEL, with several highlights in the period. We announced the rollout of at national hydrogen refuelling station network covering all the major cities in Norway within 2020. In addition, we secured a milestone contract for the German network, with a potential of up to 400 stations, and strengthened our balance sheet further. NEL ended the quarter with a cash balance of 313 million and is positioned to take advantage of the major push in the hydrogen industry, as car manufacturers are now introducing fuel cell electric vehicles, says Jon André Løkke, chief executive officer of NEL.