Norsk Solar secures project financing from responsAbility for 11 MW solar project in Vietnam
Stavanger, Norway / Zurich, 24 May 2022 – Norsk Solar Vietnam Ltd has secured non-recourse project financing of up to USD 12 million from responsAbility Investments (“responsAbility”). Norsk Solar Vietnam Ltd is owned by Nordic Impact Cooperation AS, an investment platform owned by Norsk Solar AS (“Norsk Solar”) and Finnfund, as well as Norfund.Approximately USD 6 million is committed to finance part of the recently completed 11 MW Central Retail project in Vietnam, with the uncommitted remainder available for drawdown for further projects in Vietnam. “This agreement with responsAbility