OSLO: Magnora ASA has entered the Norwegian data centre market through the acquisition of a majority stake in Storespeed AS, a Norwegian data centre operator, in partnership with Blix Group AS owner of Blix Solutions AS, a sustainable Norwegian data center operator. The investment marks Magnora’s entry into the rapidly expanding data centre industry, driven…
OSLO, NORWAY: Magnora ASA (Magnora) and UK-based renewable energy developer Gam Capital Limited (Gamcap) have announced a joint operation to develop and finance a portfolio of utility-scale solar PV and battery storage projects in the UK. In 2022, the partners began developing a series of specific projects. This 150 MW portfolio is expected to reach…
OSLO, NORWAY: Magnora ASA is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV management. Simultaneously, Magnora is selling all its shares in Vindr AS to its founders and discontinues the development…
OSLO: Magnora ASA and TechnipFMC have entered into an agreement to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind. Reference is made to Magnora’s stock exchange announcement dated 29 January 2021 regarding entering into an agreement with an undisclosed global offshore energy technology and service company to establish a…
OSLO: Magnora ASA has entered into agreements to acquire 100 percent of the shares in a South African company with a 775 MW greenfield renewable development portfolio. In addition, Vindr group is merging with an onshore wind and solar PV project developer in the South African market. In connection with this, Magnora increases its ownership…
OSLO, NORWAY: Renewable energy company Magnora ASA has entered into an agreement with an undisclosed global offshore energy technology and service company to establish a joint floating wind company called Magnora Floating Wind. Magnora’s strategic partner has vast experience over many decades in all basins, water depths and weather conditions. It has broad experience from…
OSLO: Magnora ASA, a leading Norwegian renewable energy investment company releases its fourth investment update – a letter of intent to invest in a UK onshore wind development project company with potential of 50 MW. Magnora makes another investment in a wind development project through a cooperation with a project development company in Scandinavia. The…