Tag Archives: Norges Bank Investment Management

Iberdrola and Norges Bank Investment Management close the first 50 MW of photovoltaic power in their 2,500 MW alliance portfolio

Iberdrola and Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, has incorporated the first 50 MW (megawatts) of solar PV to their €2 billion renewable energy investment alliance.The Peñarrubia solar PV plant is located Murcia, with a total capacity of 50 MW. This new plant reinforces the strategic alliance of more than €2 … Continue reading Iberdrola and Norges Bank Investment Management close the first 50 MW of photovoltaic power in their 2,500 MW alliance portfolio

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Iberdrola joins forces with Norges Bank Investment Management to co-invest in 1,265 MW of new renewable capacity in Spain

Iberdrola has signed an alliance with Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, to invest in 1,265 MW of new renewables capacity in Spain. Of the total capacity, 20% will come from wind and 80% from solar PV. Iberdrola will have a majority stake of 51% in the assets. Both companies are … Continue reading Iberdrola joins forces with Norges Bank Investment Management to co-invest in 1,265 MW of new renewable capacity in Spain

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Ørsted completed the divestment of 50 % of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands

Further to the announcement issued on 7 April 2021, Ørsted has today completed the divestment of 50 % of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands to Norges Bank Investment Management. Ørsted will also provide NBIM with balancing services and a long-term route to market for the renewable electricity generated by Borssele … Continue reading Ørsted completed the divestment of 50 % of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands

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Ørsted has signed an agreement with NBIM, who will be acquiring a 50 % ownership share of Ørsted’s 752 MW Borssele 1 & 2 Offshore Wind Farm

Ørsted has signed an agreement with Norges Bank Investment Management (NBIM), who will be acquiring a 50 % ownership share of Ørsted’s 752 MW Borssele 1 & 2 Offshore Wind Farm, which was commissioned in the fourth quarter of 2020 and generates green power to the equivalent of one million households’ annual power consumption in the Netherlands. … Continue reading Ørsted has signed an agreement with NBIM, who will be acquiring a 50 % ownership share of Ørsted’s 752 MW Borssele 1 & 2 Offshore Wind Farm

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