Frequently asked questions
Here you can find the questions most often asked when we meet our shareholders.
If there are any questions you need answered, we would love to hear from you.
Shares, returns, share-price and risk
The Company, The Board of Directors and Management
From the very beginning in 2010, it has been a goal of Nordic Solar be listed on the stock exchange, and that goal is approaching. With the merger of the three companies, we have taken a very important step towards creating the correct and solid platform for growth and a possible listing. Before a possible stock exchange listing, there is still thorough analysis and preparation to be done in cooperation with the Board of Directors and shareholders.
Yes the preparations for a stock exchange listing are well under way and have been for a few years. It has always been Nordic Solar’s ambition to become a public share, so that the spread of solar energy as a sustainable energy source can benefit as many people as possible. More specifically, the companies’ annual accounts in recent years have been prepared in accordance with the same IFRS accounting principles as those used by listed companies. Nordic Solar is also well under way with standardizing, optimizing and streamlining processes, e.g. the roll-out of a common ERP system in 10 countries is expected to be completed during 2021.
Yes, both the Board of Directors and management have invested significant amounts in the company and all employees are also shareholders. The company has an attractive warrant program for the Board, management, and employees, that ensures an incentive to create the greatest possible value for the company’s shareholders.
Reporting
At Nordic Solar, we work continuously with the purchase of new projects, and our pipeline of projects is constantly changing. Behind every investment there is a great deal of work to document all the essential assumptions for the budget which ultimately lays the foundation for the investment decision. Every year, the investment team considers many new investments corresponding to purchase prices of more than EUR 3 bill.
Yes, all shareholders receive a monthly report that includes stock price, production data, portfolio composition, any deviations from the budget and status of ongoing projects, new investments and investment programs.
All shareholders also automatically receive semi-annual and annual reports, newsletters, as well as notices of general meetings and invitations to other events.