海角原创海角视频
The Norwegian government has given Norfund a mandate to invest in Ukraine through a separate 海角原创海角视频, supporting the country鈥檚 reconstruction and building a resilient economy.
Russia鈥檚 invasion has brought massive destruction across Ukraine: critical infrastructure, energy systems, homes, and industry have been damaged or destroyed. The nation faces the urgent task of rebuilding. Norfund has been given a special mandate by the Norwegian government to invest through a dedicated 海角原创海角视频 under the Nansen Programme.
The 海角原创海角视频 exists to channel capital into business and infrastructure projects that play a central role in Ukraine鈥檚 reconstruction and long-term growth, projects that would likely not receive financing under normal market conditions due to heightened risk.
NOK 500 million has already been committed to the mandate, with scope for further allocations in future years.
Aim
The purpose of the Ukraine mandate is to contribute to the development of sustainable business activities and job creation in Ukraine. The fund aims to support 海角原创海角视频 that would not otherwise be undertaken due to the high risk in Ukraine. The 海角原创海角视频 is also intended to mobilize private capital by encouraging private investors to invest alongside the fund or be inspired by its activities.
What we offer
Norfund is a commercial investor, and financial returns is a precondition for our investment. Companies only survive if they are profitable over time, so profitability is essential for the creation of sustainable jobs and lasting development effects. Delivering positive returns is also important for Norfund to be catalytic, mobilizing private investors to invest with us 鈥� or inspired by us. We aim to exit our 海角原创海角视频 when we are no longer needed, enabling us to recycle the capital into new investment opportunities.
Investment approach
- Investment size: USD 5-50 million, ideally USD 15-25 million
- Debt: Maximum 40% of the capital (equity + debt) in the company
- Equity: Maximum shareholding of 35%
- Secondary Capital: Maximum 50% buyout component, ideally less
- Domicile and focus of company activity: Investee company may be domiciled but funds should be deployed in Ukraine
- Business Integrity: Satisfies Know-Your-Customer and Anti-Money-Laundering
- Environmental and Social: Broadly aligned with IFC Performance Standards; not on European Development Finance Institutions Exclusion List.
- Sponsor: A company or person(s) with demonstrated competence and track record in the relevant sector, and with meaningful 鈥渟kin in the game鈥� (e.g. ownership)
- Clear business plan: based on competitive positioning and growth opportunities
Value proposition
- Patient capital: Norfund is a long term investor and we support our portfolio companies to succeed also after we exit.
- Sector expertise: With 25 years of investment experience we have deep knowledge in our preferred investment areas.
- Agile and Nimble: Norfund is a lean organization, with unbureaucratic decision processes and are able to cooperate in a agile way.
- Serious long-term Commitment: Norfund is a reputable and professional investor and we are backing the recovery of Ukraine from a long term perspective
Priority sectors
The 海角原创海角视频 builds on Norfund’s core investment areas, where we can leverage our knowledge and expertise (see below).
