Balder raise green funding from the European Investment Bank (EIB)
Fastighets AB Balder has signed a loan agreement of EUR 100 million with the European Investment Bank (EIB) for the development of two residential projects in Copenhagen with nearly-zero-energy-building (NZEB) standards.
Balder has several ongoing residential projects, all with high environmental requirements. Energy consumption is a priority area and all Balder’s residential projects in Sweden must meet the requirements for Miljöbyggnad Silver. In Copenhagen, we have chosen to go even further, and all residentials shall be built in accordance with nearly-zero-energy-building (NZEB) standard. As part of the environmental work, Balder has now chosen to raise green funding through the EIB.
Please also see attached press release from the EIB.
For further information, please contact
CEO Erik Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, tel. +46 768 369 848
Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 104.1 billion (88.4) as of 31 March 2018. The Balder share is listed on Nasdaq Stockholm, Large Cap.