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Magnora ASA ( (SVMRF) ) has issued an announcement.
Magnora ASA reported a strong first quarter of 2026, with its project portfolio surpassing 10 GW of potential capacity on the back of rapid data center growth in the Nordics and continued expansion of renewable assets in South Africa, Germany and Italy. The company is advancing sales processes for 500–800 MW of renewable projects, maintaining strict capital discipline while ending the quarter with NOK 278.4 million in available liquidity.
A key strategic move is the planned IPO of its data center business, for which Arctic Securities has been appointed advisor, as management seeks to unlock value by creating what it describes as the only publicly listed pure-play European data center company. Magnora also broadened its data center footprint with new projects in Finland, Norway, Sweden and Italy, plus a major 150 MW battery storage project in Germany, and expects faster data center origination and sizeable transaction-driven income streams through 2029.
The expansion into high-density, AI-ready facilities and wider European markets positions Magnora to benefit from rising demand for digital infrastructure and grid-connected storage. For stakeholders, the combination of potential asset sales, earn-out payments and a separate data center listing could crystallize value and reshape the company’s risk and earnings profile over the coming years.
The most recent analyst rating on (SVMRF) stock is a Buy with a NOK34.00 price target. To see the full list of analyst forecasts on Magnora ASA stock, see the SVMRF Stock Forecast page.
More about Magnora ASA
Magnora ASA is a Norway-based developer and operator of data center, wind, solar and battery projects, with operations across Europe and Africa. Through portfolio companies including Magnora Data Center, Storespeed and various regional renewables units, the Oslo-listed group focuses on building and selling infrastructure assets while retaining earn-out revenues from earlier divestments.
Average Trading Volume: 235,726
Current Market Cap: NOK1.77B
Find detailed analytics on SVMRF stock on TipRanks’ Stock Analysis page.