NIB finances energy-related investments in Lahti, Finland
The Nordic Investment Bank (NIB) has signed a EUR 60 million 10-year loan with Finnish Lahti Energia Oy to finance an investment programme between 2023 and 2027. The investment programme aims to enhance several energy-related projects. The investments are related to the electricity grid and in wind farms, building a new electric boiler, and the refurbishment of a biogas power plant. In Lahti Energia’s electricity network area, the use of electricity is expected to increase by up to 30% by 2032. The planned investments will improve the security of supply and add more renewable energy