Norfund is the Norwegian Investment Fund for developing countries. It is owned and funded by the Norwegian Government and is the Government´s most important tool for strengthening the private sector in developing countries and for reducing poverty. The fund provides long-term equity, loans, and other forms of risk capital to projects that promote renewable energy, financial inclusion, scalable enterprises, and job creation, with a strong emphasis on climate impact and responsible investment. Wholly owned by the Norwegian state and managed on a commercial basis, Norfund plays a catalytic role by mobilising private capital, strengthening local markets, and supporting projects that deliver both financial returns and measurable development outcomes across Africa, Asia, and Latin America.
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The company has not participated in any projects.
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Scatec ASA has signed shareholder agreements with Norfund and EDF Power Solutions for an equity partnership in Scatec’s 1.1GW solar and 100MW/200MWh battery storage hybrid project, Obelisk in Eg...
Read moreScatec has entered into an agreement for the sale of a 42% stake in the 258 MW Upington solar power plant to a subsidiary of STANLIB Infrastructure Fund II, managed by STANLIB Asset Management Pr...
Read moreThe Government of Malawi, International Finance Corporation (IFC), Scatec and EDF have signed a binding commercial agreement to co-develop the 350 MW Mpatamanga hydroelectric power plant project that...
Read moreBritish International Investment (BII) has announced its commitment to invest US$200 million in hydropower projects across Africa. A pipeline of new projects will be developed includin...
Read moreNorwegian clean power producer Scatec ASA is planning to build a 20 MW solar photovoltaic project in the Kingdom of Lesotho in southern Africa. Scatec is partnering with Norwegian investme...
Read moreScatec Solar and partners have grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex.
Read moreThe pan-African renewable energy debt fund Facility for Energy Inclusion (FEI) has secured about US$160 million first close from commitments of the African Development Bank, the European Commissi...
Read moreScatec Solar and partners have connected to the grid and started the early commercial operation for another 86 MW Dyason's Klip 1 PV solar project, the second of three, of the 258 MW solar power c...
Read moreScatec Solar and partners have grid connected and reached commercial operation for 86 MW of the 258 MW solar power complex in Upington, South Africa. The 86 MW facility, known as Sirius, is expected t...
Read moreresponsAbility, a leading Swiss impact asset manager, has announced the first close of its new energy access fund. The private debt fund addresses the lack of access to clean power globally with a str...
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