Dutch Firms Partner With Namibia to Create Green-Hydrogen Sovereign Wealth Fund
- SDG Namibia One will finance Namibian green hydrogen projects
- Seeks to raise capital from local and international investors
This article is for subscribers only.
State-backed firms from the Netherlands have partnered with Namibia to create a sovereign wealth fund focused on green hydrogen, the Finance Ministry said.
SDG Namibia One, a €1 billion ($1.1 billion) blended financing vehicle for green hydrogen investment in the southern African nation, will include the participation of Namibia’s Environment Investment Fund and The Netherlands’ Climate Fund Managers BV and Invest International BV, the ministry said in an emailed statement on Tuesday, a day after the Dutch and Danish prime ministers visited the country.