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Norwegian and Danish funds buy 49% of Philippine solar project
Original: Development finance institutions from Norway and Denmark have acquired a 49% stake in a 500 MW solar project in the Phil
Development finance institutions from Norway and Denmark have acquired a 49% stake in a 500 MW utility-scale solar project in the Philippines. The investment highlights growing Nordic interest in renewable energy infrastructure in Southeast Asia, where large-scale solar capacity is expanding rapidly to meet rising electricity demand and decarbonisation targets.
Why now: Large foreign public investment in a major Philippine renewable energy project signals momentum in the region's solar build-out.
NorwayDenmarkPhilippinespv magazine
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Evidence
- Development finance institutions from Norway and Denmark have acquired a 49% stake in a 500 MW solar project in the Philippines. # Asia-Pacific # Finance # Utility-scale Norwegian, Danish funds invest in 500 MW Philippine solar project - pv magazine Global · pvmagazine@friendica.helvetet.eu · 1
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