Kyoto enters 4 MEUR green loan with Nefco
Oslo, Norway 26 January 2024 - Kyoto Group is pleased to announce that it has signed a 4 MEUR loan agreement with Nefco - the Nordic green bank to support the international scale up of its thermal energy storage offering, Heatcube. It aligns seamlessly with the strategy to secure a 2-year cash runway through Kyoto’s long-term funding plan.The signed green loan agreement builds on the final approval from Nefco reported by Kyoto on June 29th, 2023.