Norfund and KLP invest $9m for 49% stake in ReNew transmission project

Norfund and KLP signed an agreement to invest approximately $9 million for a 49% stake in ReNew's second transmission project in Gadag district, Karnataka, India.

“The Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway’s largest pension company, sign agreement to invest approx. $9m (INR 730m) for 49% stake in the second project in Gadag district in Karnataka, India.”businesswire.com

• 1 source
• businesswire.comReNew Successfully Commissions Its First Interstate Transmission Scheme (ISTS) Project Following Investment From Norfund and KLPPress EnquiriesNov 16, 2023

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