Investment decision approved for Norsk Solar 18 MW solar PV project in Brazil
– Stavanger/São Paulo: Norsk Solar (“Norsk Solar”, OSEBX ticker: NSOL) announced today that the Board of Directors of Nordic Impact Cooperation AS (“NIC”), an investment company jointly owned by Norsk Solar, Norfund and Finnfund, has made a positive investment decision for the construction of six solar PV plants with a capacity of 18 MW in Brazil.The plants are part of the previously announced 37 MW development agreement signed with corporate offtaker Órigo Energia, a renewable energy pioneer in Brazil whose shareholders include TPG ART, Mitsui and the Brazilian impact investment fund