Kyoto receives approval in principle from Nefco – The Nordic Green Bank
Oslo, Norway 04 May 2023 - Kyoto Group is pleased to announce that it has received approval in principle of debt financing from Nefco, an international financial institution owned by the five Nordic countries, to support the scaling up of its thermal energy storage offering.Nefco serves the interest of Denmark, Finland, Iceland, Norway, and Sweden and takes concrete actions to accelerate the green transition aligned with the 2030 agenda for sustainable development, the Paris Agreement, the EU Green Deal and the Nordic Vision 2030.The approval in principle from Nefco could provide debt