Norfund led a $55m round in Xurya.

Norfund, a private equity company, led a $55m round in Xurya, an Indonesian renewable energy startup, with participation from Swedfund, Clime Capital, British International Investment, and AC Ventures. “Norfund is thrilled to lead this investment round in Xurya, mobilizing private and public capital into a company that is making vital contributions to the energy transition in Indonesia. The investment is a perfect fit with the mandate of the Climate Investment Fund of contributing to avoiding greenhouse gas emissions by investing in renewable energy in emerging markets,” Anders Blom, Norfund Senior Vice President.