Norfund
Oslo, Norway
About
Founded in 1997, Norfund is a government headquartered in Oslo, Norway specializing in Solar, Wind, Renewable Energy.
Norfund is the Norwegian Investment Fund for Developing Countries, owned and funded by the Norwegian Government. It invests in sustainable and profitable private companies and projects in developing countries to create jobs, improve lives, and support the transition to net zero. The fund operates three investment mandates: development (30 core countries primarily in Sub-Saharan Africa, Asia, and Latin America), climate (13 core countries in North and Southern Africa, South and Southeast Asia), and Ukraine reconstruction. Norfund invests as a minority equity investor offering patient, long-term capital on commercial terms, combined with active ownership and business development support. In 2024, portfolio companies created 41,400 jobs, provided electricity access to 750,000 households, and avoided 9.2 million tonnes of CO2e. The fund invests in renewable energy, financial inclusion, sustainable food systems, and other development sectors.
Headquarters
Oslo, Norway
Founded
1997
Company Type
Government
Business Models
Value Chain
Service Regions
Sub-Saharan Africa, North Africa, Southern Africa, South Asia, Southeast Asia, Latin America, Ukraine
Sustainability
9.2M
Tonnes CO₂/yr avoided