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Minesto

Minesto

Minesto is a leading marine energy technology company with the mission to minimise the global carbon footprint of the energy industry by enabling plannable commercial power production from the ocean. Minesto's award winning and patented product, Deep Green, is the only verified marine power plant that operates cost efficiently in areas with low-flow tidal streams and ocean currents. With more than €40 million of awarded funding from the European Regional Development Fund through the Welsh European Funding Office, European Innovation Council and InnoEnergy, Minesto is the European Union's largest investment in marine energy to date. Minesto was founded in 2007 and has operations in Sweden, the Faroe Islands, Wales, Northern Ireland and Taiwan. The major shareholders in Minesto are BGA Invest and Corespring New Technology. The Minesto share (MINEST) is traded on Nasdaq First North Growth Market. Certified Adviser is G&W Fondkommission, email: [email protected], telephone: +46 8 503 000 50. Read more about Minesto at www.minesto.com Press images and other media material is available for download via bit.ly/Minesto_media. Financial information including reports, prospectuses and company descriptions is available in Swedish at www.minesto.com/investor.

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About Minesto

Founded

2007

Estimated Revenue

$10M-$50M

Employees

51-250

Funding / Mkt. Cap

$21M

Category

Industry

Renewables & Environment

Location

City

Västra Frölunda

State

Vaestra Goetaland

Country

Sweden
Minesto

Minesto

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