Overview
- The sovereign fund hired three people in New York over the summer, taking the energy and infrastructure team to about 20, according to executive Harald von Heyden.
- The investor is actively seeking U.S. wind, solar, and power‑grid assets as it expands beyond its primarily European renewables holdings.
- Von Heyden said political risk exists everywhere and described the outlook as optimistic as large projects move from planning to execution.
- NBIM committed $1.5 billion in September to Brookfield’s Global Transition Fund II to grow its unlisted energy‑transition portfolio.
- In its largest recent deal, the fund joined APG and GIC in September to acquire 46% of TenneT’s German grid operations in a €9.5 billion transaction.