Norwegian SWF makes first investment in unlisted green project

Wind turbines

Norway’s Government Pension Fund Global, the largest sovereign wealth fund in the world, announced its first investment in an unlisted renewable energy infrastructure project.

The GPFG will acquire 50% of Danish firm Ørsted’s Borssele 1 and 2 offshore wind farm for €1.4 billion ($1.66 billion). The Danish company will remain the operator of the project, located in Dutch waters, the GPFG said in its announcement on April 7.

In January, the Norwegian Ministry of Finance allowed the fund to start

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: