Recreate ASA announced that it has entered into a new lease contract with Eramet Norway for 1,054 sqm in Powerhouse Telemark, Porsgrunn. The lease contract will have a duration of 5 years, starting at November 1th 2023. In connection with new lease contract, Recreate has entered into a termination agreement with Evolve regarding the 2nd floor in Powerhouse Telemark, the area Eramet Norway will lease.

Powerhouse Telemark is one of the world's most spectacular and energy-efficient buildings, designed by internationally renowned Snøhetta. The building was completed in August 2020. Eramet Norway is a leading producer of refined manganese alloys for the global steel industry.

The company consists of three smelters located in Porsgrunn, Sauda and Kvinesdal.