KLP has committed NOK 2 billion ($200 million) to the Quinbrook Net Zero Power Fund as part of a larger plan to place at least NOK 6 billion ($601 million) each year into climate-friendly investments.
KLP says climate-friendly investments include solar power, battery systems and storage, development of solar cells, wind power, water, offshore wind, district heating, hydrogen, ammonia, biogas and forests.
The Quinbrook Net Zero Power Fund invests in solar power with battery systems, and in green data centers in the United States, the United Kingdom and Australia. U.S. companies Primergy and Rowan Digital Infrastructure will represent at least two-thirds of the investments. Primergy is a developer, owner and operator of solar power and battery systems. The company has a strong position in several U.S. states, including California, Nevada, Colorado, Virginia and Texas. Rowan Digital Infrastructure is working to find locations to create green data centers in the United Sta
