Norfund, KLP Invests $80 Million in Enel Green’s Wind Project in Gujarat
The 168 MW wind project is expected to generate ~700 GWh of clean energy annually
June 20, 2023
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Norway’s Climate Investment Fund, managed by Norfund, and KLP, the largest pension company in Norway, through their joint venture KNI India, have invested approximately NOK 317 million (~$30 million) in equity capital and up to NOK 530 million (~$50 million) in loan guarantees for a 168 MW wind power project developed by Enel Green Power in Gujarat.