Savosolar: Eyes on the green transition
Savosolar is a renewable energy and marine logistics company whose two business areas are linked to the reduction of carbon dioxide emissions and the transition in target markets through, e.g., EU emissions trading. The merger with Meriaura at the end of 2022 strengthened Savosolar's balance sheet and should help turn the group's results into profit in 2023. However, justifying the current share price would require a clear improvement in the profitability of the Renewable Energy unit.
Meriaura Group
Meriaura Group has two business areas: Maritime Logistics and Renewable Energy. Meriaura transports dry cargo and executes demanding project deliveries in Northern Europe. The company offers CO2 reducing marine transport services based on the use of recycled, in-house produced bio-oil. Meriaura Energy designs and delivers clean energy production solutions for district heating and industrial use worldwide, with Europe as the main market area.
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