News Norway Investment: Telenor establishes fibre company in Norway
(Fornebu 7 September 2022) Telenor enters into a transaction supporting future investments in Norway's telecom infrastructure. Earlier this year, Telenor initiated a process of evaluating the establishment of a passive fibre infrastructure ownership company with a minority co-investor. Telenor has now reached an agreement to divest 30 percent of the newly established company, Telenor Fiber AS, in Norway to a consortium led by KKR, investing through its Core Infrastructure strategy. The consortiu
News Norway Investment: Renewable energy investment to outstrip oil and gas spending in 2022, Rystad says
Capital investments in renewables are set to outstrip oil and gas projects for the first time in 2022 as high power prices prompt countries to further diversify their energy mix, Rystad Energy said in ...
News Norway Investment: Cermaq, Nordlaks to suspend Norwegian investments if salmon resource tax approved
Norwegian salmon producers Cermaq and Nordlaks plan to freeze future investments in Norway if the country introduces a proposed 40 percent resource rent tax on salmonid farming. Cermaq has invested ...
News Norway Investment: Grieg puts Norway investments on hold citing tax increase proposal
Bergen, Norway-headquartered salmon farming group Grieg Seafood ASA announced on 11 October that it has joined several other Norwegian salmon farmers in halting expansion plans in the wake of a ...
News Norway Investment: UPDATE 2-Norway oil and gas output to rise 9% by 2024, regulator says
Norway is set to boost its petroleum output by more than 9% by 2024 buoyed by a jump in investment in the country's biggest export sector, data from the Norwegian Petroleum Directorate (NPD) showed on ...