Frontier Investment Feasibility renewable energy projects Malawi

About this project

Frontier Investment Management ApS har applied for and been approved NOK 10 million in support for feasibility studies of 50 MW wind and 51 MW run of river hydropower projects in Malawi. The Grant Agreement is entered into between Norad and NyikaHydropower Group Limited, a wholly owned subsidiary of Frontier Energy, the investment fund managed by Frontier Investment Management ApS. Nyika Hydorpower Group Ltd is the spesial purpose vehicle (SPV) for the hydropower project Frontier is developing in Malawi. The wind project is developed by another SPV owned by Frontier and will be a sub-grantee under the Grant Agreement.

Goals

Sustainable Development Goals this project works towards

• 7Affordable and Clean Energy
• 13Climate Action

Published by

Norad - Norwegian Agency for Development Cooperation · Government

Countries

Malawi

Sectors

Energy generation, renewable sources - multiple technologies

Focus

Environment · Main focusClimate mitigation · Also contributes

Funded by

Norwegian Government

Implemented by

Nyika Hydropower Group Ltd.

Passes funds through

Norad - Norwegian Agency for Development Cooperation

Published by Norad - Norwegian Agency for Development Cooperation to the International Aid Transparency Initiative (IATI), last updated 12 Feb 2025 and imported automatically. IATI identifier: NO-BRC-971277882-MWI-24/0010.

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