norfund

Norfund and Impact Fund Denmark have signed agreements to take a 49% interest in the 500MWp Ixus Bugallon Solar Power Project.

Norfund, the Norwegian government’s development finance vehicle, has invested US$100 million into Ampin Energy Transition.

Independent power producer (IPP) Scatec has reached financial close on a 130MW solar PV plant in Colombia.

Norwegian renewable energy firm Scatec has signed equity deals for a massive solar-plus-storage project in Egypt and begun operations at a site in South Africa.

Norwegian renewable energy solutions provider Scatec has signed an agreement to sell its 42% equity share in a solar plant in South Africa to a subsidiary of a fund managed by asset manager Stanlib Asset Management Proprietary Limited.

Norfund and Norwegian pension company KLP have agreed to take a 49% stake in a 420MW solar PV plant in India developed by Enel.

Norway’s Norfund and UK development finance institution CDC have teamed up to fund 2.4GW of renewable deployment in South Africa through a ZAR600 million (US$39 million) investment in renewables company H1 Capital.

Swiss infrastructure fund manager SUSI Partners has raised US$81 million to tap into the fast-growing renewables sector in Southeast Asia.

Scatec Solar has struck a US$1.1 billion deal to acquire leading hydropower developer SN Power, touting the potential for floating solar on hydro reservoirs.

Enel has tapped Norwegian investment fund Norfund to jointly finance, build and operate new renewables projects in India.