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.
Anders Eldrup
Chairman of the Board
- Chairman of the board of the pension fund P +
- Chairman of the board of LORC
- Chairman of the board of Green Energy
- Vice President of Concito
- Board member of Norlys
- 2001-2012: Adm. director of DONG Energy
- 1991-2001: Head of Department in the Ministry of Finance
- Appointed Chairman of the Board of Directors for the period 5 February 2020 – 5 February 2023
Gert Jonassen
Deputy Chairman
- Chairman of A/S Arbejdernes Landsbank
- Chairman of the Executive Board of Ejendomsselskabet Sluseholmen A/S
- Chairman of the Board of AL Finans A/S
- Deputy chairman of the board of Foreningen Bankernes EDB-Central
- Board member of PensionDanmark Holding A/S, PensionDanmark Pensionsforsikringsaktieselskab, PRAS and Landsdækkende Banker
- Appointed to the Board of Directors of the Danish Green Investment Fund for the period 1 May 2021 – 1 May 2024
Merete Lundbye Møller
Board member
- Venture Partner and General Counsel at Sunstone Life Science Ventures
- Chairman of the Board of Bullitt Film ApS
- Board member of Greenland Holding A / S and Hotel Pro Forma
- 2004-2007: Head of Legal Department, Vækstfonden
- 1995-2004: Lawyer, Gorrissen Federspiel
- Board member of Curo Capital Fondsmæglerselskab A / S
- Appointed to the Board of Directors of the Danish Green Investment Fund for the period 1 May 2021 – 1 May 2024
Lars Therkildsen
Board member
- Director of HOFOR
- Chairman of the Board of DANVA
- Chairman of the Board of Lindø Port of Odense A / S
- Chairman of the Board of Blue Idea ApS
- Deputy Chairman of Dansk Fjernvarme and KLAR Forsyning
- 2006-2008: CFO, Naviair
- Appointed to the Board of Directors of the Danish Green Investment Fund for the period 1 May 2021 – 1 May 2024
Marie Bender Foltmann
Board member
- Vice President, ATP
- Board member, Forenet Kredit
- 2015-2021: Deputy Director and Director of PenSam
- 2012-2015: Special Adviser in the Ministry of Foreign Affairs and the Ministry of Defense
- 2010-2012: Ministry of Finance
- 2009-2010: European Parliament
- Cand.scient.pol, KU (2008), MSc, LSE (2007), MPA studies Harvard Kennedy School (2008-2009)
- Appointed to the Board of Directors of the Danish Green Investment Fund for the period 1 May 2021 – 1 May 2024
Claus von Elling
Board member
- Chairman of 3F Byggegruppen
- 2014-2019: Negotiating secretary (building agreement/price list)
- 2012-2014: Consultant on foreign labor in 3F Byggegruppen
- 2008-2012: Academy graduate in management from the LO school
- 2011: Construction group chairman of BJMF (Construction, Earth and Environmental Workers’ Union)
- 2009: Building group chairman in TIB department 9
- 2004: Professional secretary in TIB (Wood, Industry, and Construction) department 27
- 1989: Asphalt worker at J. Johnsen, Rødovre
- 1984-1988: In apprenticeship as a carpenter
- Internal positions as a member of Daily Management, the Executive Board
- External significant positions in PensionDanmark, Rørvig Centret A/S, Femern Belt Development and the Danish Technological Institute
- Appointed to the Board of Directors of the Danish Green Investment Fund for the period 1 May 2021 – 1 May 2024
