Climate Investment Fund could be expanded ‘with little administrative cost.’ Project revaluation propels returns

Business May 30, 2024 / By: Bjørn H Amland

Norfund’s Climate Investment Fund reports returns last year of a staggering 24 per cent, partly driven by one investment which was written up in value following a third-party offer. Tellef Thorleifsson, Norfund’s CEO, says the two-year-old renewable energy fund could be expanded with a modest increase in the number of staff. (Updated)

Tellef Thorleifsson Credit Indigo Trigg-Hauger ---Norfund (002).jpg — CEO of Norfund Tellef Thorleifsson (Photo: Indigo Trigg-Hauger / Norfund)

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Climate Investment Fund could be expanded ‘with little administrative cost.’ Project revaluation propels returns

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