What we do
The Danish Green Investment Fund is co-financing projects with positive environmental impacts.
We focus on environment, energy and resources
The Danish Green Investment Fund is an independent state loan fund with the purpose of co-financing economically viable projects that facilitate and support the sustainable development of our society. Privately held companies, non-profit housing associations and public sector companies and institutions (with budgets separate from the municipalities, regions and the state) can apply for a loan from the fund.
The Danish Green Investment Fund seeks to bridge the gap between traditional bank financing and equity capital. The individual loans have a maximum maturity of up to 30 years, and the fund is generally able to finance up to 60 per cent of the total costs associated with the given project.
The fund was established as part of the agreement “Et Grønnere Danmark” (“A Greener Denmark”) from 2014 and has a net capital of up to DKK 200 million as well as a state guaranteed lending limit of up to DKK 5 billion in capital to co-finance projects within following areas:
- Environmental savings
- Renewable energy sources
- Resource efficiency
Individual projects are evaluated on the basis of four funding criteria:
- Green effect
- Healthy economy
- Scalability
- Socio economic return
We co-finance:
- Privately-held companies
- Non-profit housing associations
- Public sector companies and institutions with budgets seperated from the municipalities, regions and the state
We collaborate with:
- Energy- and utility companies
- Suppliers of technological solutions
- Consultants
Employees
Our advisors have extensive expericence in assessing the various financing options for all types of projects:
The board
The board is composed of a number of professionals with expertise from the energy sector and the financial world.
The board is responsible for both the general and strategic management of the fund. Upon recommendation of The Danish Growth Fund which serves as secretariat, the board determines loan policies and the scope of the board’s activities. Upon recommendation of the secretariat, the board must also approve granting of the individual loans that meet certain criteria determined by the board.
The decisions of the board are final and conclusive.
Hilde Kjelsberg
Acting chairman
- VP and Head of Credit and Analysis, Nordic Investment Bank (NIB)
- Board member, Oslo Pensjonsforsikring A/S and Oslo Forsikring A/S
- 1997-2006: Head of Credit, SEB Norway
- 1989-1997: Employee of Nordea Bank, Norway, including positions as Relationship Manager and Bank Executive.
- 1986-1989: Head of Department and Customer Relations Manager, Eksportfinans A/S
Jan Bach Jensen
Board member
- CEO at SE Blue Renewables
- Board member of Limón GmbH and The Danish Intelligent Energy Alliance
- 2016-2017: Vice President/Managing Director at SE Energi & Klima
- 2015-2016 CEO, EnergiMidt A/S
- 1995-2004: Sales manager, TDC A/S
- 1993-1995: Sales manager, EAC Data
Lars Schrøder
Board member
- CEO, Aarhus Vand
- Chairman of the board, Vand i Byer
- Board member, Shared A/S
- 1991-2010: Initially Head of Department then Administrative Director of Vand og Spildevand (2006) in Aarhus municipality.
- 1985-1991: Consulting engineer, COWI and Kemp & Lauritzen
Merete Lundbye Møller
Board member
- Partner and General Counsel of Sunstone Capital.
- Chairman of Bullitt Film ApS
- Vice Chairman of TV2 Danmark A/S and board member of Greenland Holding A/S
- 2004-2007: Head of Legal Department, Vækstfonden
- 1995-2004: Attorney, Gorrissen Federspiel Kirkegaard
Lars Therkildsen
Board member
- CEO of HOFOR
- Chairman of DANVA, Greve Solrød Forsyning and BlueEnergy A/S
- Deputy chairman of Dansk Fjernvarme and board member of Fjernvarme Fyn A/S
- 2006-2008: CFO, Naviair
