Posts Tagged ‘Nordic Investment Bank’
NIB supports energy resilience in the Baltics
The investments include investments to essential energy infrastructure across the three Baltic countries, including expansion of existing district heating systems, building a renewable heat production facilities, and investments in Battery Energy Storage Systems (BESS).
These investments will strengthen the energy infrastructure, increase system flexibility, and contribute to the diversification of the regional energy mix, strengthening the three Baltic countries’ energy resilience.
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Originally published on 5 May
Read MoreNIB to finance upgrades to Riga water systems
NIB has agreed on a credit facility of up to EUR 50 million with SIA Rīgas ūdens to support a 2025–2028 investment programme for wastewater treatment and clean-water infrastructure. The aim is to improve service reliability and quality and to cut non-revenue water.
The total programme cost is EUR 235 million and is also co-financed by a EUR 70 million loan from the European Investment Bank, as well as funding raised through green bond issuances.
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Originally published on 12 Feb
Read MoreNIB finances Estonian Drone Technology Infrastructure
The Drone Technology Unit is designed to focus on R&D in unmanned aviation, communications, navigation, flight physics, and hardware security. It will consist of laboratories designed to validate and industrialise unmanned systems across the air, ground, and maritime domains.
The unit is part of the recently established Applied Research Centre in Estonia and is planned to become fully operational during summer 2027.
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Originally published on 6 Feb
Read MoreNIB backs infrastructure upgrades at Lithuanian airports
NIB and Lithuanian Airports have agreed on a loan of EUR 20 million for the company’s 2025–2028 investment plan. The investments aim to enhance operational efficiency and strengthen Lithuania’s aviation sector’s long-term development.
A significant share of the financing will go towards constructing a multi-level parking facility at Vilnius Airport, which will help ease passenger flow and improve accessibility. In addition, the company will upgrade its ground transport fleet by acquiring new loaders, tractors, snow removal vehicles, sweepers, and other equipment to ensure smooth operations in all weather conditions.
The investment plan also includes the purchase of electric buses and charging infrastructure, making passenger transfers more sustainable.
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Originally published on 17 Sep
Read MoreNIB co-finances biogas production in Eskilstuna, Sweden
NIB and Eskilstuna Biogas AB have signed a seven-year loan to co-finance the construction of a new biogas production plant in a facility near Eskilstuna, Sweden. The EUR 15 million loan is supported by the European Union under the InvestEU programme and is eligible under NIB’s InvestEU Framework Operation Green Mobility and Transport.
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Originally published on 26 Mar
Read MoreNIB surpasses EUR 10 billion in total green bond issuance with new EUR 750 million Environmental Bond
On 12 March 2025, the Nordic Investment Bank (NIB) priced a new seven-year, EUR 750 million NIB Environmental Bond (NEB). This latest transaction takes NIB’s total green bond issuance past the EUR 10 billion milestone since its first NEB in 2011, solidifying the Bank’s position in the market and underscoring the robust investor confidence in its environmental mandate.
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Originally published on 13 Mar
Read MoreNIB, Luminor and NORD/LB to co-finance a 148 MWp solar farm in Latvia
NIB, Luminor Bank and NORD/LB have agreed to co-finance a 148 MWp solar farm in the Ventspils municipality. The project is developed by Stelo Orienta SIA, a subsidiary of European Energy, a Danish renewable energy company.
The overall financing amounts to EUR 68 million. NIB’s EUR 28 million loan is supported by the European Union under NIB’s InvestEU Framework Operation on Clean Energy Transition. This is NIB’s first InvestEU loan in Latvia.
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Originally published on 6 Mar
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