Drooid Logo
Back to today’s briefing

Story perspectives

Norfund Takes 49% Stake in 500MW Ixus Bugallon Solar

By Drooid · · How we work

15 2 Full Breakdown

1 of 1

Story summary
  • Norfund and Impact Fund Denmark took a 49% equity stake in the 500 MWp Ixus Bugallon Solar Power Project.
  • The project will generate electricity for roughly 650,000 Philippine households each year.
  • It will avoid about 570,000 tonnes of CO2 emissions annually.
  • Financial close occurred in July 2026 with USD 310 million senior debt from eight international banks.