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Focus on Norges Bank Investment Management

FILE PHOTO: A view shows the building of Norway’s central bank (Norges Bank) in Oslo, Norway, June 23, 2022.  REUTERS/Victoria Klesty/File Photo
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Norway wealth fund hits record 20 trillion crowns

Norway's fund owns about 1.5% of all listed stocks globally.

FILE PHOTO: Smoke billows from a chimney at a combined-cycle gas turbine power plant while coinciding the COP28 is being held in Dubai, in Drogenbos, Belgium December 6, 2023. REUTERS/Yves Herman/File Photo
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Norway’s wealth fund falls short on climate ambitions, NGO says

Norway’s $1.8T wealth fund missed climate goals, backing only 4 of 21 key shareholder proposals on emissions targets in 2024.

Two workers install a bifacial 540 W solar panel at a solar panels park by energy supplier Enel Green Power, in Trino Italy, March 5, 2024.
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Sunly raises €300 million for renewable projects in Baltics and Poland

Construction of 1.3GW of Sunly solar farms, wind projects and energy storage schemes will help boost eastern Europe as it decouples from Russian...

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Norway’s sovereign wealth fund commits $1 billion to renewable energy fund

Norway's sovereign wealth fund has said it will commit $1bn to the latest renewable energy fund of Copenhagen Infrastructure Partners

People talk in front of the Ola Electric logo during a press conference ahead of it's IPO launch in Mumbai, India, July 29, 2024. REUTERS/Francis Mascarenhas
BusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTransport

Ola Electric to raise $734 million in India’s biggest IPO this year

Adoption of clean vehicles is still low in India but is steadily rising as Prime Minister Narendra Modi continues to push clean energy.

Ferrari's new factory will produce the group's legendary combustion engine cars as well as hybrids and the firm's first EV (AFP)
AutomotiveBusinessElectric Vehicles (EVs)ElectricityIndustryManufacturingNewsSolarTransport

Ferrari eyes electric future with solar-powered factory

Italian carmaker Ferrari on Friday inaugurated a new solar-powered factory at the group's historic Maranello site, where its electric car should be produced...

Tech billionaire Elon Musk is encouraging shareholders in electric automaker Tesla to vote in favor of a plan that includes a massive pay package for the company's founder and chief executive (AFP)
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Musk says Tesla shareholders voting for his pay package by ‘wide margins’

The firm has campaigned to convince shareholders to approve Musk's giant compensation package - worth as much as $56 billion - ahead of...

FILE PHOTO: The logotype of Iberdrola is illuminated atop the 165-metre (541 feet) Cesar Pelli designed Iberdrola Tower, in Bilbao, Spain, February 29, 2024. REUTERS/Vincent West/File Photo
BusinessFinanceNews

Spain’s Iberdrola, Norway wealth fund expand renewables partnership

MADRID/COPENHAGEN (Reuters) – Europe’s largest utility Iberdrola and Norway’s $1.6 trillion sovereign wealth fund are building up on their existing partnership in renewables...

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