Investors

The investment done in Langlee Wave Power AS has been M€ 4.9 (M€ 2.8 private investors + M€ 2.1 public funding).

Langlee mayor shareholders is Färna Invest AB, a small family Swedish Investment Company. 

The share owners of Langlee Wave Power AS are:

• 49 % Färna Invest AB
• 44 % New Tracks development AS (founder)
• 7 % others

In addition to the share capital, Färna Invest AB has given a convertible MNOK 6 (M€ 0.8) loan to Langlee and issued guarantees for a MNOK 6 (M€ 0.8) bank loan.