Magnora ASA Company Description

Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States.

The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects.

It also hold license agreements with the Dana Western Isles and Shell Penguins. It serves renewable energy operators, investment and oil companies, and global marine contractors.

The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018.

Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Magnora ASA

Country	Norway
Founded	2001
Industry	Utilities - Renewable
Sector	Utilities
Employees	20
CEO	Erik Sneve

Contact Details

Address: Karenslyst Allé 2 Oslo, 0278 Norway
Website	magnoraasa.com

Stock Details

Ticker Symbol	MGN
Exchange	Oslo Børs
Fiscal Year	January - December
Reporting Currency	NOK
ISIN Number	NO0010187032
SIC Code	1389

Key Executives

Name	Position
Haakon Alfstad	Chief Executive Officer of Magnora Offshore Wind
Erik Daylemani Sneve	Chief Executive Officer
Torstein Sanness	Executive Chairman
Bard Olsen	Chief Financial Officer
Hanne Wiger	Business Controller
Trond Gartner	Senior Vice President of Business Development