Categories: developing countries

  • Climate Investment Fund invests $100 million in Indian renewable energy company

    The Climate Investment Fund, managed by Norfund, is investing up to 100 million dollars in the Indian renewable energy company AMPIN Energy Transition. The capital will help finance around 2 gigawatts of new solar and wind power backed by energy storage in India.
    Pinaki Bhattacharyya (left), Founder, MD and CEO of AMPIN Energy Transition, and Bjørnar Baugerud, EVP Renewable Energy and head of

    Norfund's Climate Investment Fund invests up to USD 100 million in AMPIN Energy Transition, financing 2 GW of new solar, wind

  • 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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