Norwegian Investment Fund for Developing Countries (Norfund)
Company description
Norfund 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. Norfund is the Norwegian Investment Fund for developing countries. It's mission is to create jobs and to improve lives by investing in businesses that drive sustainable development.
Company details
Participation in projects
Projects as Project Owner per Country ()
Projects as Project Owner per Subsector ()
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The company has not participated in any projects.
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Company updates
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February 03, 2023
Scatec enters deal to sell 42% stake in 258 MW Solar plant in South Africa
Scatec 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...
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September 07, 2022
Malawi Government, IFC, Scatec JV and EDF sign a binding agreement to develop a 350 MW hydropower project
The 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...
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June 29, 2022
BII to invest US$200 million in African Hydropower projects
British 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...
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December 01, 2021
Scatec plans to build 20 MW solar project in Lesotho
Norwegian 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...
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April 13, 2020
Final PV plant of 258 MW complex starts operation in South Africa
Scatec 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.
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March 20, 2020
Facility for Energy Inclusion secures US$160m first close
The 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...
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February 28, 2020
Scatec Solar completes the 86 MW Dyason's Klip 1 PV solar project in Upington
Scatec 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...
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February 19, 2020
Scatec Solar commissions 86 MW Sirius Solar PV project One in Upington
Scatec 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...
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January 23, 2020
responsAbility launches US$200m climate fund
responsAbility, 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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October 16, 2019
Equinor and partners make final investment decision for 88 MW Hywind Tampen floating offshore wind project in the North Sea
Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen flaoting offshore wind farm development. Two updated plans for development and operation will b...
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