Magnora ASA Secures Strategic Sale in South Africa
Company Announcements

Magnora ASA Secures Strategic Sale in South Africa

Magnora ASA (SVMRF) has released an update.

Magnora ASA has sold a strategically located project site in South Africa to Red Rocket, a leading independent power provider in the region. The site was developed by Magnora’s South African arm, AGV, and the deal signifies a strong belief in the South African renewable energy market. CEOs of both companies express a commitment to furthering sustainable energy solutions and the potential for future collaborations.

For further insights into SVMRF stock, check out TipRanks’ Stock Analysis page.

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