norfund

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SAEL Secures $1 Billion Funding for Renewable Energy Expansion

SAEL, an India-based solar and agricultural waste-to-energy company, raised $1 billion in a funding round involving Norfund, the U.S. Development Finance Corporation,...

January 24, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Norfund, IFC Announce ₹9.1 Billion Investment in Fourth Partner Energy

Norwegian investment fund Norfund has announced an investment of ₹3.5 billion (~$42.26 million) in Fourth Partner Energy (4PEL) to support its renewables expansion in...

August 11, 2023

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Gourav Mishra

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Finance and M&A

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Renewable Energy
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Norfund, KLP Invests $80 Million in Enel Green’s Wind Project in Gujarat

Norway’s Climate Investment Fund, managed by Norfund, and KLP, the largest pension company in Norway, through their joint venture KNI India, have invested...

June 20, 2023

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Arjun Joshi

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Finance and M&A

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Wind
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ACME Partners with Norfund to Develop Renewable Energy Projects in India

ACME Group and Norwegian investment fund Norfund will co-invest in the development of greenfield renewable power projects in India. Norfund invests in developing...

January 25, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Norfund to Invest $60 Million in Indian Waste-to-Energy Company SAEL

Norway’s development finance institution Norfund said it will invest about NOK 600 million (~$60.5 million) in the Indian solar and agricultural waste-to-energy company...

January 16, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Norfund, KLP to Acquire 49% Stake in ReNew’s Transmission Project

Norway’s development finance institution Norfund and the country’s largest pension fund KLP have announced an investment of NOK109 million (~$10.85 million) for a 49%...

January 4, 2023

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Gourav Mishra

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Grid

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Market & Policy
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Norway’s Climate Investment Fund to Acquire 49% Stake in 420 MW Solar Project in Rajasthan

Norwegian Climate Investment Fund, managed by development and finance institution Norfund and Norway’s largest pension Fund KLP, signed an agreement to acquire a 49%...

August 23, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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Distributed Solar Company Fourth Partner Energy Raises $125 Million in Equity Funding

Distributed solar company, Fourth Partner Energy has raised $125 million in equity funding.  Norwegian Investment Fund Norfund has brought in $100 million while existing...

June 30, 2021

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Arjun Joshi

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Finance and M&A

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Solar
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Enel Green Power Partners with Norfund to Set up Renewable Projects in India

Italian renewable energy company Enel Green Power (EGP) announced that it has entered into a long-term, joint investment partnership with Norwegian private equity fund...

July 10, 2020

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Nithin Thomas

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Solar

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Utility Scale
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AfDB and Others Pledge $160 Million for Improving Energy Access in Africa

To improve energy access in Africa by using small scale renewable projects and mini-grid projects, the African Development Bank (AfDB), the European Commission, KfW, the...

March 31, 2020

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Rakesh Ranjan

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Finance and M&A

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Other
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Nigerian Renewable Solutions Provider Arnergy Raises $9 Million in Series A Funding

Arnergy, a Nigerian distributed utility company, has announced raising $9 million in Series A round of funding led by Breakthrough Energy Ventures with participation...

July 1, 2019

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Anjana Parikh

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Finance and M&A

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Other
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M-KOPA Solar Secures $80 Million in Commercial Debt Funding

M-KOPA Solar, a pay-as-you-go energy provider to off-grid homes, has secured $80 million of committed financing. The company will utilize the funds over the next three...

October 12, 2017

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Wendy Prabhu

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Finance and M&A

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Solar

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