Norway's oil fund prepares for first investment in renewables
The Norwegian sovereign wealth fund plans to directly invest around NOK 100 billion in renewable energy such as solar and wind power. The first investment will likely come in 2021, says CEO Nicolai Tangen.
by ANNE FILBERT
As early as in March 2020, Norway's Government Pension Fund put forth the idea of making investments in renewable energy during the year's remaining nine months.
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