• Magnora’s South African subsidiary AGV broadened its business into vertically integrated data center and power projects using powered land.
• Initial focus targets two renewable-energy clusters to supply co-located data centers through behind-the-meter generation and battery storage.
• AGV targets ready-to-build status for first sites within two years, subject to studies, grid access, permits, agreements.
• Management sees potential to develop more than 1,000 MW of data center capacity over coming years into the 2030s.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnora ASA published the original content used to generate this news brief via NewsWeb, the disclosure sustem operated by Euronext Oslo (Ref. ID: 202610120100OSLOBORSNEWS__EN_264C53F5ACCB85EF601D7C70A1C2FA7), on October 12, 2026, and is solely responsible for the information contained therein.