Norfund #41021

Created at
2019-03-18
Last update
2024-09-13

0 Parents (Involvements as child)

6 Children (Involvements as parent)

Name
Africado Ltd
Country of registration/origin
Tanzania

Relationship
Subsidiary company
Investment type
Shares/Equity
Name
Globaleq
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Classification
Government institution

Relationship
Subsidiary company
Investment type
Shares/Equity
Ownership share
30.00 %
Name
SN Power
Country of registration/origin
Norway
Classification
State-/government (owned) company

Relationship
Subsidiary company
Investment type
Shares/Equity
Ownership share
100.00 %
Name
Green Resources AS
Country of registration/origin
Norway
Classification
Private company

Relationship
Beneficiary company
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
Nam Sim Power Company
Country of registration/origin
Lao PDR
Classification
Private company

Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Ownership share
37.50 %
Name
Scatec ASA Kenhardt hybrid solar and battery facility
Country of registration/origin
South Africa

Relationship
Beneficiary company
Parent relation
Joint venture of parent companies
Investment type
Debt financing
Loan amount
400 000 000
kr
Comment
Additional investments were made by Norfund, managing the Climate Investment Fund, and British International Investment through H1 Capital. The total investment by Norfund is 400 million NOK.