Stock-listed?
Yes
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Renewable Investors in Europe
Asset Classes
Description
What’s the focus of the Oslo based company?
Magnora ASA pursues the strategy of developing wind parks in and outside of Norway while keeping the overall goal of evolving the energy market to a more sustainable way in mind. By striving for operational excellence, the stock listed company (FRA: 4SM) Is convinced of continuous improvement of internal processes. The company is investing in onshore and offshore wind assets as well as solar assets.
Stock listed company relies on offshore and onshore wind farms as well as solar parks
The Norwegian company is furthermore considered as a leading royalty and license revenue company and owns a large portfolio of renewable projects. Just last year, they signed another contract for another offshore wind park in Northern Europe with a capacity of 500 MW. In addition, Magnora ASA also invested in the development of a unique perovskite-based PV power booster technology that adds additional power to conventional solar panels. Just in January this year, Magnora entered a partnership with an undisclosed offshore technology and service company to develop a collaboration floating wind company called Magnora Floating Wind.
Image Source: Sam LaRussa via Unsplash, 13.03.2023
Stock ticker
LON: 0MHQ
Regional focus
Northern Europe
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Founding Year
2001