- CEO
- Espen Lundaas
- Full Time Employees
- 1
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Sjølyst Plass 2 Oslo PS Norway 0278
- IPO Date
- Jun 18, 2010
- Business
- Saga Pure ASA (OSE: SAGA) is a listed investment company focused on investments in sustainability, renewable energy, hydrogen, circular economy, carbon capture and other assets across industries, energy and real estate. The company manages a portfolio comprising non-current investments valued at NOK 620.4 million and current investments at NOK 370.4 million as of September 2025; it provides capital, competence and connections to both listed and private companies through active ownership and business development. Saga Pure operates primarily in Norway with a broad investment mandate that includes renewable energy sources such as solar, wind and hydropower; hydrogen production for mobility, industry and heating; circular economy initiatives for resource recycling; and CO2 capture, storage and transformation technologies. Founded in 2010 and headquartered in Oslo, Norway, the company formerly operated as Saga Tankers ASA before changing its name to Saga Pure ASA in November 2020 to reflect its shift toward sustainable investments. In recent developments, Saga Pure completed a fully underwritten private placement of NOK 122 million in August 2025 to support investment opportunities; announced in November 2024 an agreement to acquire a controlling 60% stake in companies owning and operating Vallhall Arena, Oslo's largest indoor arena with capacity for 15,000 people generating revenue from events, rentals, commercial properties and parking, based on an enterprise value of NOK 110 million with closing expected in early 2025 pending general meeting approval; and reported a net profit of NOK 45.9 million in the third quarter of 2025 with a year-to-date return on equity of 2.2 percent.