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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway wealth fund to step up renewables investment

Posted on 17 March 2014

Norway Prime Minister Erna Solberg this week announced that the country is to use its $920bn sovereign wealth fund to drive investment in renewable energy projects, confirming that it is to increase its exposure to clean energy companies.
Solberg said the country’s pension fund, which has been built on the country’s oil wealth and is now one of the world’s most powerful institutional investors, will expand its holdings in renewable energy interests. A full announcement on the extent to which the fund will increase its exposure to clean energy is now expected early next month………………………………………..Full Article: Source


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