Magnora launched its focus on wind power in February 2020. The company recruited a new management team and engaged two senior executives to facilitate an entry into the wind market and to develop wind projects in Northern Europe.
Magnora is listed on the Oslo Stock Exchange's main list and has more than 6 000 shareholders. The company has no debt and has two license agreements that provides significant license revenues over the next years. The majority owner of Magnora is Kistefos and together with several well-known investors, they support the company's green initiative.
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