Crown Energy Ab

Crown Energy is transforming in a new and more socially responsible business direction, with focus on the medical technology industry and on improving their green footprint by way of investing in companies active in those areas. The investment in the Healthtech company AccYouRate marked the start of the new Crown Energy in early 2023. AccYouRate holds high-tech patents and creates algorithms to support production of ‘smart’ wearable garments for use in the medical industry, as well as services such as analysis, data gathering and extrapolations of medical information and growth of medical databases. Crown has in early 2024 entered a strategic partnership with KAYA Climate Solutions GmbH, a project developer in nature-based solutions for climate change mitigation in Sub-Saharan Africa. This collaboration aims to be a starting point for large impact in climate change mitigation and adaptation through landscape restoration and nature conservation which will be financed by the voluntary carbon market and similar mechanisms. The business area Asset Development and Management based in Angola is providing international companies with real estate and associated services. Crown Energy has been active in the oil and gas business for more than 10 years. Today the only remaining asset in the energy field is a passive holding of energy reserves which following the signing of a sale and purchase agreement is being divested. Crown has withdrawn from and/or written down its other earlier Licence holdings.