CrossBoundary Energy Raises US$40M
The Norwegian Investment Fund for Developing Countries (Norfund) and KLP, Norway’s largest pension company, through their joint company KLP Norfund Investments, have completed a US$40 million equity investment in CrossBoundary Energy (CBE), a developer, owner, and operator of commercial and industrial renewable energy systems in Africa. The $40M commitment supports the size and maturity of…