Norwegian Magnora acquires majority stake in renewable company African Green Ventures

SOUTH AFRICA – Norwegian developer Magnora has acquired 92% of the renewable project development company African Green Ventures (AGV) as it increases its focus in the South African solar and wind market. The remaining 8% will be owned by AGV management. Simultaneously, Magnora is selling all its shares in Vindr AS to its founders and discontinues the development of Vindr…

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