Investment advice for a landfill aftercare fund

Summary

Horisont Miljøpark IKS is procuring ongoing independent investment advice for its landfill aftercare fund. The fund is currently worth approximately NOK 47 million, is intended to grow to approximately NOK 90 million, and receives annual contributions of about NOK 2.5 million; it is expected to help cover landfill costs from 2032 to 2062. The services include advice on asset allocation and investment solutions, analyses and recommendations, support with investment-strategy updates, and participation in at least one in-person board meeting each year. Similar fund arrangements may also be considered for new landfill areas.