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World’s Biggest Wealth Fund Strikes a Milestone Green Deal Bloomberg 3 hrs ago © Bloomberg Wind turbine. (Bloomberg) Norway’s $1.3 trillion wealth fund just made its first investment in clean energy infrastructure, more than a year after it was given the go-ahead to move into the asset class. The world’s biggest sovereign investment vehicle has agreed to buy 50% of the 752 megawatt Borssele 1 & 2 offshore wind farm from Orsted A/S of Denmark. The deal is worth just under 1.4 billion euros, or about $1.6 billion, it said. Norway’s wealth fund has been looking for such assets since parliament agreed to give it a mandate to start buying them back in 2019. But as recently as January, Chief Executive Officer Nicolai Tangen said it was proving hard to find reasonably priced targets.

United statesNicolai tangenMie holstadSiemens gamesaBloomberg windChief executive officer nicolai tangenAdds tangenஒன்றுபட்டது மாநிலங்களில்நிகோலாய் தான்கேன்ஸீமெந்ஸ் கேம்ஸாப்ளூம்பெர்க் காற்றுதலைமை நிர்வாகி அதிகாரி நிகோலாய் தான்கேன்