SAEL
Asia
Region
1,151.1
Commitment (MNOK)
Active
Status
SAEL Industries Limited is a renewable platform which owns and operates biomass WTE using agri residual waste as feedstock and utility solar in India. Norfund's investment will contribute to growth in the business.
Key information
- Sector:
- Renewable Energy
- Commitment (MNOK):
- 1,151.1
- Year:
- 2022
- Region:
- Asia
- Country:
- India
- Domicile:
- India
- Instrument:
- Equity
- Status:
- Active
- Mandate:
- Climate
Additionality SAEL
This investment is particularly additional on the following ambitions:
- Investing in the poorest countries
- Investing in the most capital constrained markets
- Investing in sectors with high development needs
- Investing in high risk instruments
- Mobilising private investors
- Taking an active role in investments
- Improving social and environmental performance
