Green Resources AS #1293

Created at
2013-02-15
Last update
2024-09-13

2 Parents (Involvements as child)

Name
Norfund
Country of registration/origin
Norway

Relationship
Tertiary investor/lender
Investment type
Shares/Equity, Debt financing
Ownership share
41.80 %
Loan amount
32 180 000
Comment
Norfund has invested in Green Resources since 2009. Since 2018 Norfund has become a shareholder with an investment of USD2.5 million. (Norfund Annual Report 2019)
Name
Finnish Fund for Development Cooperation (Finnfund)
Country of registration/origin
Finland
Classification
Investment fund

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
13 300 000
Comment
Several loans in 2012, 2018 (USD 3.55 million) and 2019 (USD 9.75 million) (Finnfund Annual Report 2019)

6 Children (Involvements as parent)

Name
Tree Farms Sudan Ltd
Country of registration/origin
Uganda
Classification
Private company

Relationship
Subsidiary company
Name
Tanga Forests Ltd (TFL)
Country of registration/origin
Tanzania
Classification
Private company

Relationship
Subsidiary company
Ownership share
100.00 %
Name
Sao Hill Agriculture (SHA) Limited
Country of registration/origin
Tanzania
Classification
Private company

Relationship
Subsidiary company
Ownership share
50.00 %
Name
Green Resources in Mozambique
Country of registration/origin
Mozambique
Classification
Private company

Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Name
GRL Tanzania Ltd
Country of registration/origin
Tanzania
Classification
Private company

Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Name
Busoga Forest Company
Country of registration/origin
Uganda
Classification
Private company

Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
Busoga Forestry Company (BFC) Ltd is a subsidiary of Green Resources AS (GRAS)