December 10, 2019
Asia is Norfund’s second largest investment area. We are particularly present through clean energy investments.
Core鈥揅limate Mandate
Core鈥揇evelopment Mandate
Core鈥揇evelopment and Climate Mandate
Filters:
| Investment | Country | Sector | Year** | Instrument | Status | Mandate | MNOK* |
|---|---|---|---|---|---|---|---|
| ACI Motors Ltd | Bangladesh | SME Funds | 2021 | Equity | Active | Development | 41.7 |
| Advans MFI | Myanmar | Financial Inclusion | 2015 | Equity | Active | Development | 58.9 |
| AFMF: ASEAN Frontier Markets Fund | Regional | SME Funds | 2021 | Funds | Active | Development | 106.5 |
| Amret | Cambodia | Financial Inclusion | 2013 | Loans | Active | Development | 264.6 |
| APIDC Biotech Fund | India | SME Funds | 2005 | Funds | Active | Development | 16.0 |
| Aureos South Asia Fund (Holdings) | Regional | SME Funds | 2006 | Funds | Active | Development | 42.1 |
| AwanTunai | Indonesia | Financial Inclusion | 2024 | Equity | Active | Development | 96.9 |
| Berkeley Energy Commercial & Industrial Solutions | Regional | Renewable Energy | 2020 | Equity | Active | Development | 409.4 |
| Bina Artha | Indonesia | Financial Inclusion | 2021 | Loans | Active | Development | 9.9 |
| Cambodia Laos Myanmar Development Fund II | Regional | SME Funds | 2015 | Funds | Active | Development | 94.9 |
| Cambodia-Laos Development Fund | Regional | SME Funds | 2009 | Funds | Active | Development | 8.5 |
| City Bank Limited | Bangladesh | Financial Inclusion | 2023 | Loans | Active | Development | 211.7 |
| CN Green Roof Asia | Vietnam | Renewable Energy | 2021 | Equity | Active | Development | 418.1 |
| Enel Coral | India | Renewable Energy | 2022 | Equity | Active | Climate | 439.1 |
| Enel Thar Solar | India | Renewable Energy | 2022 | Equity | Active | Climate | 281.0 |
| Excelsior Vietnam | Vietnam | SME Funds | 2020 | Funds | Active | Development | 113.1 |
| First Finance | Cambodia | Financial Inclusion | 2013 | Loans | Active | Development | 0.0 |
| Fourth Partner Energy | India | Renewable Energy | 2023 | Equity | Active | Climate | 1336.7 |
| Frontier Fund | Bangladesh | SME Funds | 2010 | Funds | Active | Development | 50.9 |
| Frontier Fund II | Bangladesh | SME Funds | 2016 | Funds | Active | Development | 30.4 |
| Frontiir Co. Ltd. | Myanmar | SME Funds | 2019 | Equity | Active | Development | 26.9 |
| Funding Societies | Indonesia | Financial Inclusion | 2023 | Loans | Active | Development | 52.9 |
| Gadag Transmission | India | Renewable Energy | 2023 | Equity | Active | Climate | 201.6 |
| Hattha Bank | Cambodia | Financial Inclusion | 2007 | Loans | Active | Development | 127.0 |
| Integra Partners Fund II | Regional | Financial Inclusion | 2022 | Funds | Active | Development | 84.5 |
| Kiangan | Philippines | Renewable Energy | 2021 | Loans | Active | Development | 106.3 |
| Koppal Narendra | India | Renewable Energy | 2022 | Equity | Active | Climate | 69.2 |
| KV Asia Fund II | Regional | SME Funds | 2022 | Funds | Active | Development | 161.4 |
| Lobu Dolom HPP | Indonesia | Renewable Energy | 2021 | Loans | Active | Development | 10.6 |
| MOF II | Myanmar | SME Funds | 2018 | Funds | Active | Development | 85.6 |
| Mutual Trust Bank | Bangladesh | Financial Inclusion | 2019 | Equity | Active | Development | 185.3 |
| Myanmar Finance | Myanmar | Financial Inclusion | 2015 | Equity | Active | Development | 16.7 |
| National Development Bank | Sri Lanka | Financial Inclusion | 2021 | Equity | Active | Development | 120.6 |
| Navis CLMV | Regional | SME Funds | 2020 | Funds | Active | Development | 247.6 |
| Neoma South-East Asia Fund II | Regional | SME Funds | 2010 | Funds | Active | Development | 19.9 |
| Openspace Venture Fund IV | Regional | SME Funds | 2024 | Funds | Active | Development | 132.9 |
| Openspace Ventures III | Regional | SME Funds | 2020 | Funds | Active | Development | 148.4 |
| Orbital Energy | Sri Lanka | Renewable Energy | 2024 | Equity | Active | Climate | 43.0 |
| PRAC: Prime Road Solar | Cambodia | Renewable Energy | 2021 | Loans | Active | Development | 39.8 |
| SAEL | India | Renewable Energy | 2022 | Equity | Active | Climate | 1148.7 |
| Sathapana | Cambodia | Financial Inclusion | 2008 | Loans | Active | Development | 127.0 |
| Schneider Electric Energy Access Asia | Regional | Renewable Energy | 2019 | Funds | Active | Development | 69.8 |
| SEACEF II | Regional | Renewable Energy | 2023 | Funds | Active | Climate | 106.3 |
| Softlogic Life | Sri Lanka | Financial Inclusion | 2020 | Loans | Active | Development | 79.4 |
| Southeast Asia Commercial Joint Stock Bank | Vietnam | Financial Inclusion | 2024 | Loans | Active | Development | 317.5 |
| SUSI Asia Energy Transition Fund (Through KNI) | Regional | Renewable Energy | 2021 | Funds | Active | Development | 71.9 |
| TNB Aura Fund II | Regional | SME Funds | 2022 | Funds | Active | Development | 74.5 |
| Vietnam Investments Fund IV | Vietnam | SME Funds | 2021 | Funds | Active | Development | 157.8 |
| Vietnam Prosperity Joint Stock Commercial Bank | Vietnam | Financial Inclusion | 2023 | Loans | Active | Development | 211.7 |
| Volta INTL | Sri Lanka | Renewable Energy | 2023 | Equity | Active | Climate | 126.8 |
| Xurya | Indonesia | Renewable Energy | 2024 | Equity | Active | Climate | 270.3 |
| Yoma Bank | Myanmar | Financial Inclusion | 2019 | Equity | Active | Development | 295.0 |
| Yoma Micro Power | Myanmar | Renewable Energy | 2017 | Equity | Active | Development | 96.4 |