Magnora ASA

Corporate Details

ISIN(s):

NO0010187032 (+1 more)

LEI:

5967007LIEEXZXGY5K17

Country:

Norway

Address:

Karenslyst allé 2, 0278 Oslo

Website:

https://magnoraasa.com/

Sector:

Utilities

Industry:

Independent Power and Renewable Electricity Producers

Description

We invest in renewable and clean energy built in a sustainable way. After selling our oil and gas related business in 2018, we have transitioned into a renewable energy development company. We have succeeded in attracting a team of industry experts and have made investments we believe will shape the future of Magnora in the years to come. Our initial focus was wind power development, but solar PV is already a significant part of our business model. The experience and professional relationships of our team has allowed us a privileged seat at the table with many of the majors of our industry. Our business model is to identify and develop renewable energy projects from greenfield to the ready-to-build phase. At the point of construction, we prefer to farm-down and cooperate with professional investors who will finance and operate the projects over the duration of the license periods.