Magnora ASA
OSE:MGN
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
M
|
Magnora ASA
OSE:MGN
|
NO |
|
9
|
9R Ltd
SGX:1Y1
|
SG |
|
AMETEK Inc
NYSE:AME
|
US |
|
C
|
Cyviz AS
OSE:CYVIZ
|
NO |
Magnora ASA
Magnora ASA operates as a renewable energy development company. The company is headquartered in Oslo, Oslo. The company went IPO on 2004-12-13. It’s strategy is to develop wind projects in Norway and abroad from early phase greenfield to ready-to build. The firm investing in companies and projects to be a part of the development of the renewable energy solutions that deliver clean energy to industries and consumers.
Magnora ASA operates as a renewable energy development company. The company is headquartered in Oslo, Oslo. The company went IPO on 2004-12-13. It’s strategy is to develop wind projects in Norway and abroad from early phase greenfield to ready-to build. The firm investing in companies and projects to be a part of the development of the renewable energy solutions that deliver clean energy to industries and consumers.
Portfolio Growth: Magnora's development portfolio grew 60% year-over-year to 10.4 gigawatts as of February 2026, its largest increase ever.
Data Center Expansion: The company entered the data center market in the Nordics, securing 210 megawatts of projects and acquiring an operational site in Norway.
Profitable & Debt-Free: Magnora remained profitable with 0 debt, a strong cash position, and a capital-light business model.
Strong Returns: Delivered a 21% return on equity since 2020 and a 26% annual average shareholder return.
Active Divestments: Divested all shares in Hermana Holding to further focus on renewables and data centers.
Sales Potential: Over 2,500 megawatts of mature-stage projects are currently for sale or marketing, with active sales processes underway.
Outlook: Targeting a 12 gigawatt portfolio by end of 2026, with continued focus on data centers in the Nordics, BESS in Europe, and onshore wind in South Africa.
Profit Decline: Profit before tax fell to NOK 12.2 million from NOK 269 million last year, mainly due to the Hermana transaction.
