KLP invests in billion-kroner Norwegian wind project

Pension company KLP is on board to help Akershus Energi build a wind turbine farm. The investment framework totals EUR 182 million (NOK 2 billion) and the farm will be complete in 2021. 

Photo: Jan Kåre Ness/NTB Scanpix

On Wednesday, it was announced that Akershus Energi had given the green light for the construction of wind farms, Songkjølen and Engerfjellet, in Norway's Nord-Odal municipality.

Akershus Energi has entered a deal with KLP, which is the pension company for Norwegian municipal and health workers. The agreement means that KLP will have a 49 percent ownership share of the project.

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