Clean energy portfolio 2022

InvestmentCountryCommitted yearSectorInstrumentStakeDomicileCommitted (MNOK)
GlobeleqRegional2014EnergyLoans Equity30%United Kingdom2129
Fourth Partner EnergyIndia2021Solar powerEquity43%India905.2
Agua ImaraGlobal2021HydropowerLoans Equity100%Norway823.8
KlinchenbergRegional2021HydropowerEquity50%Netherlands784.6
Copperbelt Energy CorporationZambia2023EnergyEquity0%*UK for holding company713.2
H1 Pele SPVSouth Africa2021Wind powerLoans0%South Africa488.1
CN Green Roof AsiaVietnam2021Solar powerEquity50%Singapore410.7
Berkeley Energy Commercial & Industrial SolutionsRegional2020Other/hybrid renewablesLoans Equity13%Singapore384.9
ERCO EnergiaColombia2022Solar powerEquity15%Colombia310.8
Serengeti EnergyRegional2017Hydropower and Solar powerEquity12%Mauritius273.7
Scatec Agua FriaHonduras2014Solar powerLoans Equity45%Honduras219.7
AktivCoRegional2021Solar powerLoans0%France210.9
Cross Boundary EnergyRegional2022Solar powerEquity18%Mauritius205.6
FEI – Facility for Energy InclusionRegional2019Renewable energy fundFunds18%Mauritius204.5
Metier Sustainable Capital Fund IIRegional2019Renewable energy fundFunds13%Mauritius185.3
Sun King Financing LimitedKenya2023Solar powerLoans0%Jersey177.2
EmpowerRegional2022Other/hybrid renewablesLoans Equity18%Norway154
ICCFGlobal2010Other/hybrid renewablesLoans8%Luxembourg151.9
Brighter Life Kenya 2Kenya2022Solar powerLoans0%Jersey148
Evolution Fund II (Through KNI)Global2019Renewable energy fundFunds7%Mauritius142.3
WeLightRegional2019EnergyLoans Equity30%Mauritius132.7
ESCOTELRegional2020Solar powerLoans Equity31%Mauritius111.6
responsAbility ACPFGlobal2019Renewable energy fundFunds8%Luxembourg111.2
Baobab+Regional2021Solar powerLoans Equity25%France108.5
KianganPhilippines2021HydropowerLoans0%Singapore102.2
Yoma Micro PowerMyanmar2017Solar powerLoans Equity15%Singapore93.9
d.lightGlobal2016Solar powerLoans Equity2%United States of America78.7
Nordic Impact Cooperation (NIC)Global2022Solar powerEquity33%Norway78.2
Scatec Los PradosHonduras2015Solar powerEquity15%Honduras75.5
SUSI Asia Energy Transition Fund (Through KNI)Regional2021Renewable energy fundFunds6%Luxembourg69.9
Scatec BenbanEgypt2015Solar powerEquity12%Netherlands69.1
Schneider Electric Energy Access AsiaRegional2019EnergyFunds30%France68.7
PRAC: Prime Road SolarCambodia2021Solar powerLoans0%Cambodia40.3
Scatec ASYVRwanda2014Solar powerLoans Equity16%Rwanda38.6
Neo1 Solar PlantLesotho2018Solar powerEquity15%Lesotho21.5
SunshineRegional2017Solar powerLoans Equity0%Costa Rica18.4
Lobu Dolom HPPIndonesia2021HydropowerLoans0%Norway10.2
RwimiUganda2015HydropowerLoans0%Uganda9.6
Eco-NorRegional2019HydropowerEquity15%Mauritius8.1
Bio2Watt Cape DairySouth Africa2014BiomassLoans0%South Africa5.7
Renewable Energy HoldingsSouth Africa2014HydropowerLoans0%South Africa4.5

*Prior to completion