Magnora ASA (MGN)

Magnora is a Norwegian renewable-energy project developer with an asset-light model: it advances wind, solar, battery storage and related schemes toward ready-to-build, then typically monetizes via sale or partnership rather than long-term plant operation. Its pipeline has spanned markets such as Norway, Sweden, the UK, Italy and South Africa, and it has also pursued data-center-related development. Revenue is often lumpy and modest relative to the value of projects under development.

Market
Oslo
Sector
Utilities
Trend
Downtrend
Last close
21.9 (+1.15% on the day)
MA50
23.01
MA200
23.15
52-week range
18.94–33.5
Market cap
2.2B NOK
Dividend yield
0%
Data as of
2026-09-03
Quarterly revenue and earnings, millions
QuarterRevenueYoY %EarningsYoY %
Q4 2024-0.8-19.7
Q1 202549.740.9
Q2 20252.3-18.8
Q4 202545.312.8
Q1 20262.2-95.6%-43.1-205.4%

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