Norway's Aker-backed infrastructure fund eyes 1 bln euros launch in 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2024
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Should l Buy ?
Source: Reuters
Investment Fund Launch: Norwegian energy transition investment fund Industry Capital Partners (ICP) plans to launch a 1 billion euro fund next year, focusing on onshore wind projects, data centers, and power grid technology primarily in Norway and Sweden.
Partnership and Investor Interest: ICP has partnered with UAE's Masdar for larger energy projects and is currently attracting significant interest from various investors, including pension funds, as it aims to raise between 750 million to 1 billion euros for its initial fund.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
