Norsk Solar Vietnam Limited
Global
Region
79.1
Commitment (MNOK)
Active
Status
Nordic Impact Cooperation (NIC) is a rooftop solar developer targeting developing markets. It is a joint venture between Norsk Solar, Finnfund and Norfund. Currently, the company is investing in Vietnam, Brazil and South Africa. In Vietnam, the portfolio is 10 sites totaling 11 MW for the Thai retail company Central Retail, which operates 124 retail stores across 38 provinces in Vietnam.
Key information
- Sector:
- Renewable Energy
- Commitment (MNOK):
- 79.1
- Year:
- 2022
- Region:
- Global
- Country:
- Global
- Domicile:
- Norway
- Instrument:
- Equity
- Status:
- Active
- Mandate:
- Development
Additionality
This investment is particularly additional on the following ambitions:
- Investing in the riskiest markets
- Investing in sectors with high development needs
- Investing in high risk instruments
- Targeting underserved segments
- Taking an active role in investments
- Improving social and environmental performance
