Norfund, the Norwegian development finance institution, has announced the sale of its African hydropower assets to Savannah Energy, completing its strategic exit from SN Power, the renewable energy developer it co-founded with Statkraft. The transaction involves Norfund’s divestment of its 50.1% stake in Klinchenberg, the holding company for its African hydropower interests. Klinchenberg’s portfolio includes … Continue reading Norfund divests African hydropower assets to Savannah Energy, marking full exit from SN Power