May 03, 2022 / 09:00AM GMT
Operator
Hello, and welcome to Norsk Hydro Quarter 1 2022 Q&A session. My name's Rean, and I'll be your coordinator for this event. You will now have the opportunity to ask questions throughout this call.
Questions and Answers:
Operator(Operator Instructions) So our first question comes from, from the line of Ioannis Masvoulas from Morgan Stanley, Please go ahead.
Ioannis Masvoulas - Morgan Stanley, Research Division - Equity Analyst
A few questions from my side. The first one on REIN. Can you provide an update on CapEx related to this initiative for 2022 and 2023, following the recent projects that you have announced here and maybe an update on the IPO timing, are you where you want to be on maturing the pipeline or is there more to go on that tone?
Pal Kildemo - Norsk Hydro ASA - Executive VP, CFO & Member of the Corporate Management Board
Thank you. And thank you for the question, on the REIN, as you saw today, we have announced, or we have progressed quite significantly on