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About the company
Magnora ASA is a Norway-based renewable energy development company. It is engaged in the investing in renewable energy companies and projects and has over the past year been able to expand into solar photovoltaic (PV), offshore wind, onshore wind and solar PV enhancing technology market across the Nordics, UK and South Africa. The Company’s activities are divided into two business segments: The Corporate segment consists of the corporate staff and represents the cost base of the Group, all licensing revenues from legacy oil and gas contracts are managed and reported as part of the corporate segment; and The Project segment consists of the portfolio companies, projects, and all related activities.
- Revenue in NOK (TTM)13.40m
- Net income in NOK-72.70m
- LocationMagnora ASAKarenlyst Alle 2OSLO 0278NorwayNOR
- Phone+47 37404000
- Fax+47 37404099
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|MGN:OSL since |
|African Green Ventures||Announced||15 Feb 2022||15 Feb 2022Announced||16.78%||--|
|Evolar AB||Deal completed||20 Dec 2021||20 Dec 2021Deal completed||18.07%||--|