Green Resources AS #1293

Created at
2013-02-15
Last update
2020-09-15

Involvements (8)

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 %
Name
Sao Hill Agriculture (SHA) Limited
Country of registration/origin
Tanzania
Classification
Private company

Relationship
Subsidiary company
Ownership share
50 %
Name
Norfund
Country of registration/origin
Norway

Relationship
Tertiary investor/lender
Investment type
Shares/Equity, Debt financing
Ownership share
41.8 %
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)
ID
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)
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 %
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 %
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 %
Comment
Busoga Forestry Company (BFC) Ltd is a subsidiary of Green Resources AS (GRAS)