Norwegian partnership forges solar and wind investment plan

KLP and DNB plan a major joint investment in renewable energy, reports Norwegian business daily Dagens Næringsliv.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

Two Norwegian financial players, insurance and pension company KLP and banking group DNB, have formed a joint plan to invest at least NOK 12 billion (EUR 1.18 billion) in wind and solar energy developments around the world, reports Norwegian business daily Dagens Næringsliv.

KLP is already involved in seven of DNB's projects in, for example, Chile and Ireland, but now the two partners are working to expand their collaborative efforts.

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