{"id":2944,"date":"2022-08-15T13:29:00","date_gmt":"2022-08-15T13:29:00","guid":{"rendered":"https:\/\/nysnoinvest.no\/nysno-investerer-i-nytt-hitecvision-fornybarfond\/"},"modified":"2026-04-09T15:58:19","modified_gmt":"2026-04-09T15:58:19","slug":"nysno-investerer-i-nytt-hitecvision-fornybarfond","status":"publish","type":"post","link":"https:\/\/nysnoinvest.no\/en\/nysno-investerer-i-nytt-hitecvision-fornybarfond\/","title":{"rendered":"Nysn\u00f8 invests in new HitecVision renewables fund"},"content":{"rendered":"\n\n<section class=\"global-px global-article-container post-header\">\n    <h4>August 15, 2022<\/h4>\n<\/section>\n\n\n<h1 class=\"wp-block-post-title\">Nysn\u00f8 invests in new HitecVision renewables fund<\/h1>\n\n\n<p class=\"is-style-intro\">Through the newly established New Energy Fund (NEF), HitecVision will invest in renewable energy production, green energy infrastructure, and decarbonisation. The established fund manager has closed the fund, joined by Nysn\u00f8 Climate Investments.<\/p>\n\n\n\n<p>Stavanger (15.08.2022) \u2013 Nysn\u00f8 invests EUR 15 million in HitecVision\u2019s New Energy Fund and EUR 6 million in a co-investment\u00a0in V\u00e5rgr\u00f8nn, the fund\u2019s first offshore wind investment.\u00a0\u00a0<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u2013 <em>Increased investments in renewable energy, electrification and decarbonisation are key to reducing global greenhouse gas emissions and achieving a net-zero energy sector by 2050. The fund\u2019s investment universe is focused precisely where the potential for reducing greenhouse gas emissions is greatest and in markets that we believe are growing,<\/em> says Investment Director at Nysn\u00f8, Lars Hvam.\u00a0<\/p>\n<\/blockquote>\n\n\n\n<p>Through the New Energy Fund, HitecVision will continue its well-established investment strategy to the renewables sector with the aim of developing sustainable and profitable companies. The fund has already employed EUR 540 million through investments in green industrial value chains.\u00a0\u00a0<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u2013 <em>It is positive that capital is quickly put into work to serve the energy transformation, and we are proud to contribute capital to projects such as the world\u2019s largest offshore wind farm in Doggerbank through the fund\u2019s investment in V\u00e5rgr\u00f8nn, the value chain for carbon capture through Oslo Hafslund Celsio and renewable energy production, electrification, and energy efficiency through Aneo. For us, this is proof that HitecVision are quick to deliver on the strategic focus areas set for the fund,<\/em> Hvam continues.\u00a0<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u2013 <em>We are very pleased that we got a specialized climate investor like Nysn\u00f8 onboard early on, and look forward to further cooperation to accelerate the green transition, <\/em>says Erlend Basmo Ellingsen, Senior Partner at HitecVision.\u00a0<\/p>\n<\/blockquote>\n\n\n\n<p>The fund closed at EUR 875 million, joined by Nysn\u00f8 Climate Investments and other investors such as i.e. Sparebank1 Forsikring, Ardian, F\u00f6rsta AP fund, KLP, Lacera and Manulife. In addition, EUR 175 million in co-investment capital was raised for V\u00e5rgr\u00f8nn.\u00a0<\/p>\n\n\n\n<p><strong>About Nysn\u00f8 Climate Investments<\/strong>&nbsp;<\/p>\n\n\n\n<p>Established in 2017, Nysn\u00f8 Climate Investments (Nysn\u00f8) is a state-owned climate investment company that invests in companies and funds with profitable and smart solutions to reduce greenhouse gas emissions. With 2,9 billion NOK in assets under management Nysn\u00f8 invests within clean energy, digital and enabling technologies, resource efficiency, sustainable demand, and the circular economy. Nysn\u00f8 is based in Stavanger and owned by the Norwegian Ministry of Trade, Industry &amp; Fisheries.&nbsp;<\/p>\n\n\n\n<p><strong>About HitecVision<\/strong>&nbsp;<\/p>\n\n\n\n<p>HitecVision is a leading energy-industry private equity firm, focused on investments in the European energy transition. With AUM of EUR 7 trillion, HitecVision has established or contributed to the development and growth of more than 200 companies across the energy industry, including some of the leading independent oil and gas companies in Norway and the UK.&nbsp; HitecVision is headquartered in Stavanger, Norway, with offices in Oslo, London and Milan.&nbsp;<\/p>\n\n\n\n<p><strong>Contact&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p>Lars Hvam, Investment Director at Nysn\u00f8 Climate Investments ,&nbsp;<a href=\"mailto:lars@nysnoinvest.no\">lars@nysnoinvest.no<\/a>, phone; +47 986 84 372&nbsp;<\/p>\n\n\n\n<p>Erlend Basmo Ellingsen, Senior Partner at HitecVision,&nbsp;<a href=\"mailto:erlend.basmo.ellingsen@hitecvision.com\">erlend.basmo.ellingsen@hitecvision.com<\/a>, phone;&nbsp;+47 92840179&nbsp;<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Through the newly established New Energy Fund (NEF), HitecVision will invest in renewable energy production, green energy infrastructure, and decarbonisation. The established fund manager has&#8230;<\/p>\n","protected":false},"author":3,"featured_media":2945,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wds_primary_category":2,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts\/2944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/comments?post=2944"}],"version-history":[{"count":0,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts\/2944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/media\/2945"}],"wp:attachment":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/media?parent=2944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/categories?post=2944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/tags?post=2944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}