SØRE FAGERFJORD · SVALBARD · HIGH ARCTIC

AS KulspidsThe Arctic Preservation InitiativeShares for sale

A rare private legacy in Svalbard. The owners are offering 100% of the shares in AS Kulspids, the company that owns Søre Fagerfjord. A new long-term owner could preserve the landscape for future generations and, if desired, make it the cornerstone of a wider Arctic conservation initiative. As part of the sale, the sellers will commit to making a significant contribution from the sale proceeds to a new environmental foundation supporting conservation across Svalbard, the wider Arctic and the northern seas.

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“…although Svalbard has generally been an area of peaceful cooperation, its unique geographical and legal features still make it a zone of tension…”(Arctic Review on Law and Politics · Vol. 14, 2023, pp. 76–82)

“You can’t put a price on something that is unique” … “the price of this land is incalculable”(New York Times · 27 September 2014 · on Svalbard property)

“Foreign minister attempted to purchase land for $250million, claiming it would be a 'serious bit of real-estate' after Brexit”(The Telegraph · 3 April 2021)

“You can’t put a price on something that is unique” … “the price of this land is incalculable”(New York Times · 27 September 2014 · on Svalbard property)

“Foreign minister attempted to purchase land for $250million, claiming it would be a 'serious bit of real-estate' after Brexit”(The Telegraph · 3 April 2021)

60 km²Approximate land area

1910Company established

100%Company shares offered for sale

THE ARCTIC PRESERVATION INITIATIVE

Ownership first.
Platform later.

The opportunity can be straightforward: acquire AS Kulspids and keep Søre Fagerfjord intact and protected.

Alternatively, the property could become the founding asset of a wider Arctic Preservation Platform, bringing together long-term investors, philanthropic partners and scientific and conservation organisations.

Explore the initiative

01 / LONG-TERM OWNERSHIP

A landscape for future generations

Acquire the Company with the objective of preserving Søre Fagerfjord through responsible, long-term ownership.

02 / OPTIONAL WIDER PLATFORM

A broader conservation initiative

If desired, develop a separate foundation and investment structure to support Arctic conservation, research and qualifying natural-capital projects.

A SELLERS’ COMMITMENT

A Founding Commitment
to Arctic Conservation

Rooted in Søre Fagerfjord.
Reaching beyond its boundaries.

The sellers will commit to making a significant contribution from the proceeds of the sale of AS Kulspids to a dedicated environmental foundation to be established in connection with the transaction.

This founding contribution is intended to provide initial funding for conservation work across Svalbard, the wider Arctic and the northern seas.

Explore the founding commitment

A new chapter of ownership. A lasting contribution to Arctic conservation.

SØRE FAGERFJORD

A High Arctic landscape

Approximately 60 km², or 14,830 acres, in southwest Spitsbergen. The property includes mountains, glaciers, shoreline, a lagoon, a river valley and Reinholmen Island.

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Mountain landscape and coastal plain photographed at Søre Fagerfjord — Søre Fagerfjord, southwest Spitsbergen

Arctic coastline and fjord at Søre Fagerfjord — The coastline and fjord

Reinholmen Island in the fjord, viewed from the shore — Reinholmen Island and the surrounding landscape

PRESENTATION

The Arctic Preservation Initiative

The presentation introduces the property, the ownership opportunity and the proposed wider initiative.

View the presentation

Arctic Preservation Initiative presentation cover