Tag Archives: NIB

NIB Partners with Latvian Air Transport Infrastructure Company LGS to Advance Air Navigation Technologies

(IN BRIEF) Nordic Investment Bank (NIB) has entered a nine-year loan agreement with Latvijas Gaisa Satiksme (LGS) to co-finance its investment program for air navigation advancements from 2024 to 2026. The EUR 25 million loan will support the modernization and … Read the full press release

NIB Partners with Aalto University Foundation to Enhance Campus Infrastructure in Espoo, Finland

(IN BRIEF) Nordic Investment Bank (NIB) and Aalto University Foundation sign a EUR 45 million loan agreement for the construction and renovation of Aalto University campus buildings in Espoo, Finland. The funding supports projects aimed at enhancing higher education, research, … Read the full press release

NIB Partners with SCA to Fund Fasikan Wind Farm in Northern Sweden

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release

NIB Supports Nefab Group’s Expansion with EUR 50 Million Loan Agreement

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release

NIB Supports Norway’s Green Maritime Transition with Norled AS Loan

(IN BRIEF) Nordic Investment Bank (NIB) has signed a 7-year loan agreement to support ferry and express boat operator Norled AS in its investments towards zero and low carbon vessels and associated land-based infrastructure in Norway from 2024 to 2030. … Read the full press release

NIB and Billerud Aktiebolag Ink SEK 400 Million Deal for Sustainable Packaging R&D

(IN BRIEF) The Nordic Investment Bank (NIB) and Billerud Aktiebolag (publ) have finalized a SEK 400 million investment loan agreement to support Billerud’s research and development (R&D) activities from 2023 to 2026. Billerud, a leading Swedish paper and packaging materials … Read the full press release

NIB Partners with Nooa Savings Bank to Provide EUR 10 Million Loan for Finnish SMEs

(IN BRIEF) NIB and Nooa Savings Bank Ltd have entered into a EUR 10 million loan agreement aimed at financing small and medium-sized enterprises (SMEs) in Finland. The seven-year maturity loan will support Nooa Savings Bank’s strategic objectives of growing … Read the full press release

NIB Signs Loan Agreement with Arva AS to Enhance Northern Norway’s Electricity Distribution Network

(IN BRIEF) The Nordic Investment Bank (NIB) has entered a 7-year loan agreement with Arva AS, a Norwegian distribution grid operator, to bolster the efficiency and resilience of the electricity distribution network in Northern Norway. Valued at NOK 500 million … Read the full press release

NIB Achieves Record Demand with Largest-Ever USD Bond Issue

(IN BRIEF) Nordic Investment Bank (NIB) recently priced a five-year USD 1.5 billion global benchmark bond, marking its first USD benchmark issuance of 2024. The transaction saw unprecedented demand, with the orderbook surpassing USD 4.5 billion, making it NIB’s largest … Read the full press release

The Baltic Drive Towards Energy Autonomy Amid Geopolitical Shifts

(IN BRIEF) Amidst geopolitical tensions triggered by Russia’s actions in Ukraine, the Baltic States are accelerating their journey towards energy independence and sustainability. Historically reliant on Russian energy flows, the Baltics are now fast-tracking efforts to diversify their energy sources, … Read the full press release

NIB’s InvestEU Initiative Fuels Green Mobility Projects with EUR 150 Million

(IN BRIEF) The InvestEU Investment Committee has approved a framework operation allowing the Nordic Investment Bank (NIB) to provide up to EUR 150 million in financing for projects focused on green mobility and transport in the Nordic and Baltic region, … Read the full press release

NIB Becomes InvestEU Implementing Partner for Norway and Iceland, Expanding Lending Capacity

(IN BRIEF) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release

EIB and NIB Commit €371 Million for H2 Green Steel’s Revolutionary Low-Carbon Plant

(IN BRIEF) The European Investment Bank (EIB) and the Nordic Investment Bank (NIB) have joined forces to provide €371 million in financing for H2 Green Steel’s groundbreaking steel plant project in Boden, Sweden. Backed by the European Union’s InvestEU program, … Read the full press release

Pioneering Green Steel Project in Sweden Attracts Significant Investment from European Banks

(IN BRIEF) H2 Green Steel, a Swedish company, has secured significant financial support from the European Investment Bank (EIB) and the Nordic Investment Bank (NIB) for its pioneering green steel project in Northern Sweden. This project aims to revolutionize the … Read the full press release

NIB and Skanska Forge Path to Carbon Reduction with $75 Million Loan Deal

(IN BRIEF) The Nordic Investment Bank (NIB) and Skanska Financial Services AB have entered a six-year USD 75 million sustainability-linked loan agreement. This loan’s interest rate margin is tied to Skanska’s climate targets, including a 70% reduction in absolute GHG … Read the full press release

Nordic Investment Bank’s Environmental Bonds Draw Over EUR 1.3 Billion in Investor Interest

(IN BRIEF) The Nordic Investment Bank (NIB) launched a seven-year fixed-rate EUR 500 million Environmental Bond (NEB) on January 17th, with proceeds earmarked for environmentally beneficial projects. This issuance brings NIB’s total green bond issuance for 2024 to EUR 570 … Read the full press release

NIB Grants USD 97.3 Million Loan to Northvolt for Lithium-Ion Battery Manufacturing and Recycling Facility in Sweden

(IN BRIEF) The Nordic Investment Bank (NIB) has provided a USD 97.3 million (EUR 88.30 million) loan to Northvolt Ett AB, as part of a consortium, for the establishment of an integrated lithium-ion battery manufacturing and recycling facility in Skellefteå, … Read the full press release

Ericsson Secures USD 106.86 Million Loan from NIB for Groundbreaking Wireless Technology R&D

(IN BRIEF) The Nordic Investment Bank (NIB) and Ericsson, the Swedish telecommunications giant, have signed a seven-year loan agreement worth USD 106.86 million (EUR 100 million) to support Ericsson’s research and development (R&D) efforts in enhancing wireless technology. These investments, … Read the full press release

Finland’s Suur-Savon Sähkö Oy Partners with NIB on EUR 45 Million Energy Infrastructure Initiative

(IN BRIEF) The Nordic Investment Bank (NIB) and Suur-Savon Sähkö Oy, a municipal energy utility, have signed a 10-year, EUR 45 million loan agreement for investment projects from 2023 to 2024. Suur-Savon Sähkö Oy’s initiatives focus on improving the region’s … Read the full press release

EIB and NIB Finance €85 Million Mažeikiai Onshore Wind Farm in Lithuania

(IN BRIEF) The European Investment Bank (EIB) and Nordic Investment Bank (NIB) have signed a financing agreement for the Mažeikiai onshore wind farm in Lithuania, developed by Ignitis Group, a leading energy company in the Baltics. Both EIB and NIB … Read the full press release

NIB and Landsbankinn Sign USD 75 Million Loan Program to Boost SMEs and Environmental Projects in Iceland

(IN BRIEF) The Nordic Investment Bank (NIB) and Icelandic bank Landsbankinn hf. have entered into a new seven-year USD 75 million loan program aimed at financing small and medium-sized enterprises (SMEs) and environmental initiatives in Iceland. The program will provide … Read the full press release

NIB Provides €50 Million Loan to Kemijoki Oy for Hydropower Innovation and Fish Migration Projects

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 15-year, €50 million loan agreement with Kemijoki Oy to support the company’s investment program from 2023 to 2027. Kemijoki Oy’s program focuses on modernizing and maintaining its hydropower assets and … Read the full press release

NIB and Stockholm Exergi Partner for SEK 1.3 Billion Green Energy Investment

(IN BRIEF) The Nordic Investment Bank (NIB) and Stockholm Exergi Holding AB (Publ) have signed a 10-year SEK 1,300 million loan agreement to support critical energy infrastructure projects in Stockholm. This partnership aims to upgrade the district heating network, modernize … Read the full press release

NIB Supports Lidl Lietuva’s Expansion with €50 Million Loan for New Logistics Centre in Lithuania

(IN BRIEF) The Nordic Investment Bank (NIB) and retail store operator UAB Lidl Lietuva have signed a seven-year EUR 50 million loan agreement for Lidl’s new logistics centre in Vilnius, Lithuania. This facility will enable Lidl to expand its store … Read the full press release

NIB and Varanger Kraft Collaborate on Green Energy Upgrade and Hydrogen Production in Norway

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a seven-year loan agreement with Norwegian utility company Varanger Kraft to support the upgrade of their hydrogen facility and the improvement of the electricity distribution network in Norway’s Varanger region. … Read the full press release

Wärtsilä’s Quest for Sustainable Solutions Gets a EUR 75 Million Boost from NIB

(IN BRIEF) The Nordic Investment Bank (NIB) and Wärtsilä Corporation, a Finnish technology group, have entered into a ten-year EUR 75 million investment loan agreement. This partnership aims to finance Wärtsilä’s research and development (R&D) activities from 2023 to 2025, … Read the full press release

Nordic Investment Bank Advances Sustainability with SEK 2 Billion Environmental Bond

(IN BRIEF) Nordic Investment Bank (NIB) has issued a SEK 2 billion Environmental Bond (NEB), marking its commitment to sustainability. This is NIB’s second NEB this year, following a EUR 500 million issuance in January. The funds raised will support … Read the full press release

Nordic Investment Bank’s USD 1 Billion Benchmark Bond Attracts Strong Demand

(IN BRIEF) The Nordic Investment Bank (NIB) has successfully launched a USD 1 billion two-year global benchmark bond on September 6th. The issuance saw strong demand, with final orders reaching USD 2.5 billion, allowing NIB to price the bond at … Read the full press release

Nordic Investment Bank Funds Healthcare Transformation in Estonia

(IN BRIEF) Nordic Investment Bank (NIB) has played a significant role in revitalizing Estonia’s healthcare over the past 15 years, funding six hospital-related projects with a total investment of EUR 138 million. One of the recent projects includes a EUR … Read the full press release

Iceland’s Keflavík Airport to Expand with EUR 50 Million Loan from NIB

(IN BRIEF) Nordic Investment Bank (NIB) and Isavia ohf. have signed a 10-year loan agreement worth EUR 50 million to finance the expansion of Keflavík International Airport in Iceland. The project includes the construction of a new East Wing Terminal, … Read the full press release

Energinet and NIB Sign Loan Agreement for Substation Refurbishment and Upgrades in Denmark

(IN BRIEF) The Nordic Investment Bank (NIB) has agreed to a 10-year loan agreement worth DKK 1 billion (EUR 134.4 million) with the Danish TSO Energinet to finance the installation of new substations and refurbishment or upgrade of existing substations … Read the full press release

Nordic Investment Bank et Elekta AB poursuivent leur coopération avec un prêt R&D de 50 millions d’euros pour des innovations dans le traitement du cancer

(ACTUALITÉ EN BREF) Nordic Investment Bank (NIB) et Elekta AB, un fabricant suédois d’équipements médicaux, ont conclu un accord de prêt de 50 millions d’euros sur 7 ans pour financer des investissements de R&D dans des solutions et des traitements … Read the full press release

Nordic Investment Bank and Elekta AB continue cooperation with €50 million R&D loan for cancer treatment innovations

(IN BRIEF) Nordic Investment Bank (NIB) and Elekta AB, a Swedish medical equipment manufacturer, have agreed to a 7-year loan deal worth €50 million to finance R&D investments in oncology solutions and treatment. The loan will support Elekta’s research and … Read the full press release

NIB provides €45m loan to Lantmännen for agriculture R&D investments

(IN BRIEF) Swedish agricultural cooperative Lantmännen Ekonomisk Förening has secured a €45m ($52m) loan from the Nordic Investment Bank (NIB) to fund research and development (R&D) in the agriculture sector. The loan will support R&D activities from 2022 to 2024, … Read the full press release

NIB and Norwegian bank Sparebanken Møre partner for NOK 500m SME loan facility

(IN BRIEF) NIB and Sparebanken Møre have teamed up to launch a six-year loan programme to finance small and medium-sized enterprises in the Norwegian market area Nordvestlandet. The NOK 500m ($56.3m) loan programme will fund projects that will boost the … Read the full press release

Società danese di turbine eoliche ottiene un prestito di 67 milioni di euro da NIB

(NOTIZIA IN BREVE) La Nordic Investment Bank (NIB) ha firmato un contratto di prestito settennale di 500 milioni di corone danesi (circa 67 milioni di euro) con la società danese KK Wind Solutions Holding A/S per sostenere l’espansione dell’azienda nel … Read the full press release

Danish Wind Turbine Company Secures EUR 67 Million Loan from NIB

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a seven-year DKK 500 million (approximately EUR 67 million) loan agreement with Danish firm KK Wind Solutions Holding A/S to support the company’s expansion in the wind turbine industry. The loan … Read the full press release

Isländisches Energieunternehmen RARIK ersetzt Freileitungen durch Erdkabel mit einem Darlehen der Nordic Investment Bank in Höhe von 20 Millionen Euro

(IN KÜRZE) Die Nordic Investment Bank hat mit dem isländischen Energieunternehmen RARIK einen Darlehensvertrag über 20 Millionen Euro unterzeichnet, um Freileitungen durch Erdkabel zu ersetzen. Dies wird die Sicherheit der Stromversorgung sowohl in ländlichen als auch in städtischen Gebieten Islands … Read the full press release

Icelandic energy company RARIK to replace overhead lines with underground cables using €20m Nordic Investment Bank loan

(IN BRIEF) The Nordic Investment Bank has signed a €20 million loan agreement with Icelandic energy company RARIK to replace overhead electricity lines with underground cables. This will improve security of electricity supply in both rural and urban areas of … Read the full press release

Investition in nachhaltige Klimalösungen: Partnerschaft zwischen NIB und Munters Group AB

(IN KÜRZE) NIB und Munters Group AB haben sich ein 7-Jahres-Darlehen über 750 Mio. SEK (67,5 Mio. EUR) gesichert, um die Forschungs-, Entwicklungs- und Digitalisierungsinitiativen des schwedischen Unternehmens von 2022 bis 2026 zu finanzieren. Munters, ein weltweit führendes Unternehmen für … Read the full press release