Nordic ESG Investor, AVG Group Sarl to Issue Second Dividend Within First Year of Launch and Invests in Hyperthermics AS
AVG Group Sarl, through its investment fund, the Nordic ESG and Impact Fund SCSp is set to issue its second dividend back to investors within a year of operations. The Fund launched on March 1, 2021, with a strategic focus on the Nordics where energy transition technology (Climate Solutions) is abundant.
“We are excited to announce that our Fund is exceeding our expected returns and that the energy transition is well underway. The credit goes to our underwriting team and the portfolio companies relentless push for growth,” says Karl Andersen, the Fund’s CEO.
The Nordic market for climate technology continues to grow. The Fund managers attended the Energy Transition Summit in Kristiansand, Norway a few weeks ago and believes that this is just the beginning of a mega trend for climate technology.
See related article: Castellum builds the Nordic region’s first WELL-certified building for SEKm 350
AVG has made an investment into Hyperthermics during the last few weeks. Hyperthermics is a biotechnical company headquartered in Ulsteinvik, Norway. Hyperthermics specializes in developing micro-organisms and bacteria that break down different types of biomass into a variety of beneficial outputs such as protein powder, biogas and soil improvement. The products will service a variety of industries especially the fish farming waste business and the anerobic digestion markets.
Source: AVG
The ESG News Editorial Team is comprised of veteran financial journalists and sustainability analysts dedicated to providing real-time, objective reporting on global ESG regulations, climate finance, and corporate governance. Our desk monitors daily developments from the SEC, IFRS, CSRD and international regulatory bodies to ensure our 1M+ readers receive accurate, data-driven insights into the evolving sustainable investment landscape. Follow the ESG News Editorial Team for expert reporting on global sustainability standards, ESG disclosures, and climate policy. Access over 10,000 investigative reports and real-time updates.
