Norfund joins Norsk Solar and Finnfund as partner in Nordic Impact Cooperation AS, an investment platform for C&I solar projects in high-growth markets
– Stavanger and Oslo: Norsk Solar (“Norsk Solar”, OSEBX ticker: NSOL) announced today that Norfund, the Norwegian Investment Fund for Developing Countries (“Norfund”) will join Norsk Solar and Finnfund as an equity partner in Nordic Impact Cooperation AS (“NIC”). NIC is an investment platform that provides equity financing in Norsk Solar projects for corporate and industrial energy buyers in select high-growth markets.Norfund’s investment in NIC represents an ownership share of 33.04%, and increases the amount of investment capital available to 19 million EUR. The NIC platform was