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Norfund and KLP back 168MW in India

Richard Heap
June 20, 2023

The Norwegian Climate Investment Fund and Norwegian pension fund giant KLP have backed a 168MW wind farm developed by Enel Green Power in India.

Norfund, which manages the Norwegian Climate Investment Fund, and KLP have committed a combined €27.2m equity and €45.5m guarantees for the unnamed project in Indian state Gujarat. The project is already operational and is due to produce around 700GWh of electricity per year.

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