Magnora ASA (0MHQ.L)

29.35 +0.45 (+1.56%) As of 08:11AM BST. Market open.

Magnora ASA

Karenslyst Allé 2
Oslo 0278
Norway

https://www.magnoraasa.com

Sector(s): 
Industry: 
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Torstein Sanness	Executive Chairman	N/A	N/A	1947
Mr. Erik Sneve	Chief Executive Officer	7.29M	N/A	N/A
Mr. Bard Olsen	Chief Financial Officer	3.38M	N/A	N/A
Mr. Haakon Alfstad	Chief Executive Officer of Magnora Offshore Wind	N/A	N/A	1957
Ms. Hanne Wiger	Business Controller	N/A	N/A	N/A
Mr. Trond Gartner	Senior Vice President of Business Development	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

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.

Corporate governance

Magnora ASA’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.