Norfund

About This Fund

It invests in developing countries to create jobs and improve lives. The organization focuses on providing equity capital and other risk capital to build sustainable businesses and industries. Its investment areas include renewable energy, financial inclusion, scalable enterprises, and green infrastructure. A key objective is to support the transition to net zero emissions by investing in renewable energy projects in emerging markets. It works as a responsible minority investor, collaborating closely with local partners to develop solutions tailored to the specific needs of each country. Profitability is a crucial factor, ensuring the long-term sustainability of its investments and enabling the reinvestment of capital into new opportunities. The organization also aims to add non-financial value through expertise and active ownership, enhancing both profitability and development impact.

Investment Focus

What They Look For

developing countries (primarily Sub-Saharan Africa, select Asia/Latin America; >33% LDCs, >50% Sub-Saharan Africa); profitable sustainable businesses with high development impact and additionality; minority equity stakes (max 35%); preference for equity over debt; sectors with job creation potential