Fourth Partner led a $275m round in Norfund.

Fourth Partner, a solar energy company, led a $275m round in Norfund, a development finance institution established by the Norwegian Storting, with participation from IFC, ADB and DEG. Norfund's mission is to create jobs and to improve lives by investing in businesses that drive sustainable development in developing countries. In addition, Norfund invests in the transition to net zero in emerging markets. The fund assists in building sustainable businesses and industries in developing countries by providing equity capital and other risk capital in businesses that would not otherwise be funded. The goal is to be catalytic by mobilizing private and commercial capital.