Nordic Power Partners

MWSC, Maldives (380 kW)

About Nordic Power Partners

Nordic Power Partners (NPP) is a joint venture between European Energy A/S, a renewable energy project developer & investment company, and the Danish Climate Investment Fund, established by the Danish Government and managed by IFU, the Investment Fund for Developing Countries under the Danish State.

Its value proposition is to develop wind and solar photovoltaic projects from green field until ready-to-build stage. The projects are developed through the successful business model of European Energy, extended beyond its traditional geographical scope to emerging markets and developing countries by using IFU’s vast experience in investments in such countries. 

The business model extends the financial investment case with deep know-how in renewable energy project development, construction, operation, and key local insight in buyers of projects. Continuous risk-evaluation activities are carried out throughout the whole development period, particularly in the initial market access and initial project assessment stages.

 

 

The Partners

European Energy A/S

European Energy A/S was founded in 2004 and manages the entire value chain of on-shore wind and solar photovoltaic (PV) projects, including green field development, construction and operation of operating assets, repowering and divestment of projects and operating assets to institutional and private investors.

European Energy has brought into operation over 600 MW of wind and PV power plants and still operates most of these for their current owners. Further, European Energy owns more than 140 MW distributed on part or full ownership of a wide portfolio of wind and solar assets. 

Further information can be found in the European Energy website  


Investment Fund for Developing Countries (IFU)

IFU was founded in 1967 and is a development financing institution offering advice and risk capital to Danish companies investing in developing countries and emerging markets.

The purpose of IFU is to assist Danish companies to successfully establish their business and to contribute to the economic and social development in the host countries. IFU has participated in 786 projects in 85 countries with share capital and/or loans. IFU is fund manager for DCIF (climate investment facility funded by the Danish State and IFU), presently mobilizing institutional investors into a climate fund to invest in energy and climate projects.

Further information can be found in the IFU website