Savosolar: Eyes on the green transition

Af Pauli Lohi
Savosolar is a renewable energy and marine logistics company whose two business areas are linked to the reduction of carbon dioxide emissions and the transition in target markets through, e.g., EU emissions trading. The merger with Meriaura at the end of 2022 strengthened Savosolar's balance sheet and should help turn the group's results into profit in 2023. However, justifying the current share price would require a clear improvement in the profitability of the Renewable Energy unit.