Tag Archives: NIB

NIB Signs a 7-Year Loan Agreement With Valio Ltd. For Research

NIB and the Finnish dairy company Valio Ltd. have signed a 7-year loan agreement totalling EUR 40 million to finance the company’s research programme in 2016–2020. HELSINKI, 03-Mar-2017 — /EuropaWire/ — Valio’s R&D programme aims to develop new products to expand … Read the full press release

NIB issues its first public benchmark of 2017 — a new 5-year global USD 1.25 billion bond

On 24 January, NIB priced a new 5-year global USD 1.25 billion bond, the Bank’s first public benchmark of 2017. HELSINKI, 27-Jan-2017 — /EuropaWire/ — The issue has a final maturity of 1 February 2022, pays a semi-annual coupon of 2.125% and has an issue … Read the full press release

Nordic Investment Bank (NIB) starts disclosing its purchases of green bonds

HELSINKI, 27-Dec-2016 — /EuropaWire/ — NIB starts disclosing its purchases of green bonds. First eight transactions have been published on the Bank’s website. Information on purchases made so far is available on this page. This page has been established in the … Read the full press release

NIB to co-finance advanced metering system and upgrades to the electricity networks in Nord-Trøndelag County, Norway

NIB has signed a 15-year loan agreement with NTE (Nord-Trøndelag Elektrisitetsverk Holding AS) to co-finance the roll-out of an advanced metering system (AMS) and upgrades to the electricity networks in Nord-Trøndelag County, Norway. HELSINKI, 27-Dec-2016 — /EuropaWire/ — NTE will install … Read the full press release

NIB and Sparbanken Skåne launch EUR 52M loan programme for on-lending to SMEs

NIB and Sweden’s Sparbanken Skåne have agreed on a loan programme totalling SEK 500 million (EUR 52 million) for on-lending to SMEs, small mid-caps, and environmental projects. HELSINKI, 27-Dec-2016 — /EuropaWire/ — The seven-year facility will finance SME and small mid-cap investments in a broad … Read the full press release

NIB provides EUR 24M to Estonia’s AS Tallinna Lennujaam for Tallinn Airport expansion

NIB and Estonia’s AS Tallinna Lennujaam have agreed on a loan of EUR 24 million for the expansion of the airside traffic area and the development of other investments at Tallinn Airport. HELSINKI, 19-Dec-2016 — /EuropaWire/ — The 13-year maturity loan will … Read the full press release

NIB signs 20-year loan programme with the City of Bergen, Norway to improve its wastewater

Bergen, Norway, 17-Jun-2016 — /EuropaWire/ — NIB has signed a 20-year loan programme with the City of Bergen, Norway, to improve its wastewater-, and possibly, drinking water infrastructure. The loan programme consists of two tranches, of which a NOK 1,000 million … Read the full press release

NIB signs loan agreement with Kilpilahti Power Plant Ltd. to refurbish combined heat and power plant in Porvoo, Finland

NIB has signed a long-term loan agreement totalling EUR 80 million with Kilpilahti Power Plant Ltd. for the refurbishment of the combined heat and power plant (CHP) in the Kilpilahti industrial area in the town of Porvoo, Finland. HELSINKI, 17-Mar-2016 … Read the full press release

NIB provides financing facility to Arbejdernes Landsbank for environmental projects and SME enterprises in Denmark

NIB and Denmark’s A/S Arbejdernes Landsbank have agreed on a five-year financing facility, totalling EUR 50 million, for financing environmental projects and small and medium-sized enterprises (SMEs). HELSINKI, 17-Mar-2016 — /EuropaWire/ — The facility is earmarked for SME investments made by owner-managed companies … Read the full press release

NIB funds the upgrade of sewage treatment plant in Lidingö, northern Stockholm

NIB has signed a 25-year loan agreement of SEK 151 million (EUR 16 million) with Swedish wastewater service provider Käppalaförbundet for the upgrade of its sewage treatment plant in Lidingö, northern Stockholm. HELSINKI, 10-Feb-2016 — /EuropaWire/ — The loan will finance the construction of a new … Read the full press release

NIB: Nordic Council of Ministers (NCM) present “Nordic Action on Climate Change” ahead of COP21

In preparation for COP21, the Paris Meeting of the United Nations Framework Convention on Climate Change, the Nordic Council of Ministers (NCM) has collected data on the Nordic countries’ performance in dealing with the environmental challenge. HELSINKI, 7-12-2015 — /EuropaWire/ — … Read the full press release

NIB, Ringkjøbing Landbobank agree on new EUR 20 million loan programme to finance environmental projects and SMEs in Denmark

NIB and Ringkjøbing Landbobank have agreed on a new loan programme totalling DKK 150 million (EUR 20 million) for financing environmental projects and small and medium-sized enterprises (SMEs) in Denmark. HELSINKI, 7-12-2015 — /EuropaWire/ — The new ten-year facility will be used to finance renewable … Read the full press release

NIB to provide EUR 81 million loan for the technological upgrade of SJ AB’s X2000 trains

NIB and the Swedish passenger train operator SJ AB have agreed on a SEK 770 million (EUR 81 million) loan for the technological upgrade of X2000 trains. HELSINKI, 25-8-2015 — /EuropaWire/ — The 10-year loan will finance the modernisation of 36 train sets of this … Read the full press release

NIB signed EUR 92m 7-year-maturity loan agreement with Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance greenfield pulp mill project in Brazil

NIB has signed a USD 100 million (EUR 92 million) 7-year-maturity loan agreement with Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) for on-lending to finance Klabin S.A.’s greenfield pulp mill project. HELSINKI, 21-7-2015 — /EuropaWire/ — The loan is for financing the construction … Read the full press release

Republic of Lithuania, NIB sign loan agreement for EUR 100 million with maturity of 20 years aimed at improving energy efficiency

NIB and the Republic of Lithuania have signed a loan agreement, totalling EUR 100 million, with a maturity of 20 years, to improve energy efficiency in public and residential buildings. HELSINKI, 29-4-2015 — /EuropaWire/ — The long-term loan will finance the renovation of … Read the full press release

NIB names Björn Ordell Chief Financial Officer, Vice-President and Head of Risk & Finance

Helsinki, Finland, 3-10-2014 — /EuropaWire/ — Björn Ordell from Sweden has been appointed Chief Financial Officer, Vice-President and Head of Risk & Finance at NIB. He will be a member of the Executive Committee and responsible for the Bank’s functions within … Read the full press release

NIB and Latvia’s state railway company VAS Latvijas Dzelzceļš sign new loan for the upgrade of railway section in the country’s east–west transport corridor

Helsinki, Finland, 3-10-2014 — /EuropaWire/ — NIB and Latvia’s state railway company VAS Latvijas Dzelzceļš have signed a new loan, totalling EUR 17.3 million, for the upgrade of a section of railway in the country’s east–west transport corridor. The loan’s tenor is 10 … Read the full press release

Nordic Investment Bank (NIB) to finance Norwegian energy company Eidsiva Energi’s new biofuelled district heating plant

NIB has signed a 13-year-maturity loan with the Norwegian energy company Eidsiva Energi AS to finance a new biofuelled district heating plant and to upgrade an existing network. Helsinki, Finland, 8-8-2014 — /EuropaWire/ — The loan totals EUR 27 million (NOK 226.5 … Read the full press release

Nordic Investment Bank (NIB) to finance AB Litgrid’s construction of electricity transmission line between Lithuania and Poland

NIB has signed a 10-year-maturity, EUR 50 million loan agreement with AB Litgrid for the construction of an electricity transmission line between Lithuania and Poland. The LitPol Link will be the first interconnection between the Lithuanian power system and the … Read the full press release

Nordic Investment Bank recorded EUR 217 million profit in 2013 despite the stagnant investment climate

Helsinki, Finland, 13-3-2014 — /EuropaWire/ — In 2013, NIB recorded a profit of EUR 217 million. Despite the stagnant investment climate, NIB’s new lending reached nearly EUR 2 billion and it was allocated to projects that are relevant to the competiveness and environment of the Nordic–Baltic region. … Read the full press release

Nordic Investment Bank to provide EUR 30 million to fund bus terminal and school campuses in Lahti, Finland

Helsinki, Finland, 13-3-2014 — /EuropaWire/ — NIB and the city of Lahti have signed a new loan agreement, totalling EUR 30 million with a tenor of 15 years, for the construction of a new bus and freight terminal and two multipurpose school … Read the full press release