Nala Renewables spins out its investment in Swift Current Energy to shareholders

Nala Renewables, a global power and renewable energy investment and development platform has completed the spin out of its investment in Swift Current Energy to Nala Renewables’ ultimate shareholders, IFM Net Zero Infrastructure Fund and Trafigura. Trafigura’s pro-rata share of Swift Current Energy was subsequently sold to Buckeye Partners, L.P., the majority owner of Swift Current Energy.

Nala Renewables will continue to focus on investing in projects that complement its existing portfolios to create scale and a deeper country presence. By 2025, Nala Renewables’ aim is to build a global portfolio of renewable energy projects with a cumulative generative capacity of four gigawatts to be operating, in construction, or in late-stage development. The company already owns and is developing assets in Belgium, Chile, France, the Netherlands, Poland and the US.

For further information please contact:

Nala Renewables Press Office

Tel: +44 (0) 7353 969 045

Email: media@nalarenewables.com

About Nala Renewables:

Nala Renewables is a global power and renewable energy platform and an independent power producer focused on solar, wind and battery storage projects. Nala is a joint venture between Trafigura, one of the world’s leading independent commodity trading companies, and funds managed by IFM Investors.

Founded in 2020, Nala Renewables has grown its operational,i n-construction and development portfolio of renewable energy projects to around3GW of cumulative capacity. The vision is to continue to create shareholder value by involvement across the value-chain in developing, building, operating and investing in high quality solar, onshore wind and battery storage projects across core markets.

Visit: Nala Renewables

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of June 2025,Sungrow has installed 870 GW of power electronic converters worldwide. The company is recognised as the world's most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we're committed to bridging to a sustainable future through cutting-edge technology and unparalleled service.

Visit: www.sungrowpower.com.

About KSBR (Keski-Suomen Betonirakenne Oy):

KSBR is a trusted expert in delivering the most demanding energy, infrastructure, and industrial projects in the Nordic countries. With a strong focus on safety, quality, and humanity to ensure that a sustainable future becomes a reality. Our main goal is that the results of our work speak for themselves in terms of quality.

Visit: https://ksbr.fi/en/

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