Swedfund and Finnfund invest in Siddhartha Bank to strengthen Nepal’s financial inclusion and financing to renewable energy
Swedfund and Finnfund invest in Siddhartha Bank to strengthen Nepal’s financial inclusion and financing to renewable energy.
Swedfund and Finnfund invest in Siddhartha Bank to strengthen Nepal’s financial inclusion and financing to renewable energy.
Swedfund, Sweden's development finance institution, has announced an equity investment of USD 10 million in Xurya, an innovative Indonesian solar rooftop company. Xurya enables commercial and industrial companies across the country to adopt solar power with no upfront costs, displacing fossil fuel-based power generation.
Swedfund and Ukraine’s state-owned energy company Naftogaz, has signed a Memorandum of Understanding (MOU) aimed at supporting the modernisation of combined heat and power plants (CHPs) and advancing renewable energy projects in Ukraine.
Sweden’s Development Finance Institution, Swedfund, continues to expand its portfolio within renewable energy by investing USD 15 million in the fund Climate Investor One. The fund develops, builds and operates renewable energy projects in developing countries. The fund’s pioneering blended finance structure seeks to leverage private capital to impact investments in emerging markets.