The resolution, which aligns with the board of directors’ original proposal, dictates that BlueNord will merge into Vår Energi 1 AS, a wholly owned subsidiary of Vår Energi. Under the terms of the agreement, BlueNord investors are set to receive a combination of shares in Vår Energi and cash payouts.

With the meeting minutes now finalized and accessible on the company’s investor relations portal, the firms must still navigate final closing conditions outlined in the merger plan dated July 20, 2026. The formal resolution will be filed with the Norwegian Register of Business Enterprises as the next procedural requirement. Completion of the deal remains contingent on these outstanding regulatory and contractual milestones.