Magnora ASA (Magnora) has entered into an agreement with an undisclosed global offshore energy technology and service company to establish a joint floating wind company called Magnora Floating Wind.
Magnora will within a short time frame disclose more information about its undisclosed partner, including the identity of the company. Magnora will then also provide more information about the joint company and ongoing initiatives. Magnora Floating Wind has already commenced its operations and started work on the application for the ScotWind round in Scotland, UK. In addition, the company will participate in the first offshore wind application round in Norway, which will open in 2021. Magnora Floating Wind will also consider entering new markets in the coming months.
