Climate Investment Fund invests $100 million in Indian renewable energy company
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Climate Investment Fund invests $100 million in Indian renewable energy company
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Norfund and Impact Fund Denmark to Invest in Vena Energy's 500 MWp Ixus Bugallon Solar Power Project in the Philippines
Norfund and Impact Fund Denmark have signed agreements to invest a combined 49% equity interest in the 500 MWp Ixus Bugallon Solar Power Project in Bugallon, Pangasinan, Philippines. The project is expected to supply the equivalent annual electricity needs of approximately 650,000 Philippine households and avoid approximately 570,000 tonnes of CO₂ emissions annually once operational.
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Norfund appoints Tomas Rosales as EVP for Green Infrastructure
Norfund, the Norwegian Investment Fund for Developing Countries, has appointed Tomas Rosales as Executive Vice President (EVP) for Green Infrastructure.
“Tomas has a unique combination of a career scaling operations in complex, fast-growing markets, together with investment experience from a leading private equity fund, exactly the type of profile we need as we raise our ambitions a -
Norfund інвестує ще 350 млн євро в український приватний бізнес
«Ми шукаємо прибуткові українські компанії з сильними управлінськими командами, готові до зростання. Це може бути проєкт відновлюваної енергетики, готовий до будівництва, виробник чи агропідприємство, що розширює потужності, банк, який нарощує кредитний портфель, або інша компанія з сильним потенціалом зростання. Ми інвестуємо у міноритарну частку, а контроль залишається за компанією»
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Norfund invests in Ukrainian biscuit manufacturer Yarych
Norfund is investing USD 10 million in the Ukrainian biscuit manufacturer Yarych to support the company’s continued growth.
The company employs around 500 people at its production facility in the Lviv region in western Ukraine, close to the EU border - an important advantage for maintaining exports.
“Yarych’s impressive development in recent years, despite the war, reflects th -
Norfund invests in Ukrainian biscuit manufacturer Yarych
“With this investment, we are not just supporting growth. We are supporting people whose livelihoods depend on this factory continuing to run, even amidst a full-scale war,” says Andriievska.
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Erik Sandersen appointed new CEO of Norfund
Erik Sandersen has been appointed as the new CEO of Norfund, the Norwegian investment fund for developing countries. Sandersen has 25 years of experience from the financial sector and has for the past ten years headed Norfund’s Financial Inclusion department.
“The Board is very pleased to have appointed Erik Sandersen as the new CEO of Norfund. He has strong investment expertise, in-depth knowl -
Solid financial returns from Norfund’s investments in developing countries
Last year, Norfund’s investments in developing countries aimed at creating jobs and avoiding emissions delivered returns of 7.2 per cent and 11.4 per cent respectively, measured in investment currency. “Good returns are important in order to combat poverty and limit climate change more effectively,” says Tellef Thorleifsson, CEO of Norfund.
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Per Kristian Sbertoli Press contact Director of Public Relations per.kristian@norfund.no +4793089103
