Norfund acquires $75 million stake in Mulilo Energy Holdings

Norfund, the Norwegian development finance institution, has invested $75 million (approximately R1.3 billion) in Mulilo Energy Holdings, a leading South African renewable energy developer chaired by Jan Oberholzer, former Chief Operating Officer of Eskom. Founded in 1997, Norfund is wholly owned by the Norwegian Ministry of Foreign Affairs. The institution channels investment capital from Norway’s … Continue reading Norfund acquires $75 million stake in Mulilo Energy Holdings