US/UK/Canada

Share

About Us

NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.

Links

Pick a time period -
Tags ( Active)

NIB finances the electrification of Rīga’s trolleybus network

The Nordic Investment Bank (NIB) is providing a EUR 15 million loan to Rīgas satiksme to support the electrification and modernisation of the Latvian capital’s trolleybus network. The investments will support the expansion of the electrified trolleybus network and the modernization of infrastructure. Several of Rīga’s trolleybus routes currently operate beyond existing catenary lines, requiring the use of auxiliary diesel engines. The new financing will enable Rīgas satiksme to extend the overhead power network, allowing fully electric operations across a wider part of the system. The

NIB provides loan to Ferde for E39 Rogfast tunnel project in Norway

The Nordic Investment Bank (NIB) and Ferde AS have agreed an uncommitted loan facility of up to NOK 4 billion (EUR 370 million) to finance the E39 Rogfast road project in Rogaland County, Norway. The loan would have a maturity of up to 27 years.The project includes the construction of a 26.7-kilometre subsea road tunnel between Harestad in Randaberg municipality and Laupland in Bokn municipality, as well as a 3.5-kilometre tunnel arm to Kvitsøy. Completion is expected in 2033. Rogfast will replace ferry crossings on the E39 with a fixed subsea connection, reducing travel times by up to

NIB finances cloud computing capacity in Finland

· The Nordic Investment Bank (NIB) has signed a 4-year EUR 22 million InvestEU-backed loan with Verda Cloud Oy. · The financing will be used for investments in high-performance computing infrastructure. · The project supports the development of European digital infrastructure and an EU-based cloud service provider. The loan will finance the acquisition of graphics processing units (GPUs) and related networking and storage equipment. These investments will enable the development of new servers with high-performance computing capacity deployed in data centres, primarily in Finland.

NIB finances Elkem’s R&D investments in Norway

The Nordic Investment Bank (NIB) has signed a 10-year NOK 750 million loan agreement with Elkem ASA to finance the Norway-based industrial materials company’s research and development investments during 2025–2029.Elkem’s R&D programme focuses on process innovation, energy efficiency, emissions reduction and the development of low-carbon materials. The investments form part of the company’s long-term competitiveness and decarbonisation strategy. Around 40% of investments have clear environmental benefits, while the remainder have less direct impact. The programme aims to improve yield,

NIB finances wastewater infrastructure in Malmö

· NIB has signed a SEK 1 billion 15-year credit facility with the City of Malmö  · The financing supports investments in wastewater infrastructure.  · The project contributes to improved water management and environmental protection.The financing will support investments in wastewater and stormwater infrastructure in Malmö during 2025–2029. The investments will be carried out by VA Syd, a municipal federation providing water and wastewater services, as well as waste management solutions to Malmö, Burlöv, Eslöv, Lomma, and Lund. The investment programme includes the renewal and

NIB supports environmental projects, SMEs and SMCs through Ringkjøbing Landbobank in Denmark

· The Nordic Investment Bank (NIB) has signed a DKK 700 million 10-year loan with Ringkjøbing Landbobank A/S. · The financing will support on‑lending to environmental projects, small and medium‑sized enterprises (SMEs), and small mid‑cap companies (SMCs) in Denmark. · At least 50% of the loan funds will be allocated to eligible environmental projects. The loan will strengthen Ringkjøbing Landbobank’s capacity to provide long‑term financing that matches the typical maturity profile of loans granted to SMEs, SMCs and environmental projects.With this loan, Ringkjøbing Landbobank

NIB supports Addtech’s SME and SMC acquisitions

·NIB and Swedish investment holding company Addtech AB have signed a SEK 1.0 billion (EUR 92 million) loan.   ·The 8-year loan will partly finance of Addtech’s acquisitions of Small and Medium-sized Enterprise (SME) and Small and Mid-sized Corporate (SMC) in the Nordics and Europe during 2025–2028.Addtech is a long-term owner of some 150 portfolio companies which supplies high tech products and solutions to industrial and infrastructure customers worldwide. It has over the years developed a successful scalable model to acquire profitable companies with high growth potential in

NIB supports Peab in construction projects linked to Nordic total defence

The Nordic Investment Bank (NIB) has signed a six-year loan agreement worth EUR 125 million with Swedish construction and civil engineering company Peab. The loan will finance Peab’s role as an important contractor delivering projects related to total defence across the Nordic region.The construction sector plays a crucial role in defence infrastructure. This is NIB’s first defence- related loan to the construction sector since NIB revised its Sustainability Policy to allow for defence financing in the summer 2024. “Strengthening defence infrastructure is a shared priority across the

NIB to support Vilnius’ district heating modernisation

The Nordic Investment Bank (NIB) has signed a credit facility of up to EUR 118 million with Miesto Gijos AB to support Vilnius’ 2025–2030 district heating investment programme. It includes major upgrades and expansion of the city’s heating network, alongside the development of new renewable heat generation capacity. The programme covers the reconstruction of pipeline networks, aiming to reduce heat losses from 13% to 11% by 2030. It also involves extending the network to new districts, connecting additional customers, rolling out smart meters and remote data collection, and introducing

NIB supports Neste’s R&D investments in further development of renewable solutions

· The Nordic Investment Bank (NIB) has signed a EUR 250 million 10-year loan with Neste Oyj. · The loan will finance Neste’s investments related to research and development (R&D) in processing lower-quality feedstocks into high-quality renewable products; as well as the liquefied waste plastics (LWP) investment at Neste’s refinery in Porvoo, Finland. The R&D activities supported by the loan focus on the development of renewable solutions. These include, for example, expanding feedstock capabilities and technologies that enable the processing of new and lower-quality waste and residues

NIB lends to Tide Buss for electric buses in Norway

The Nordic Investment Bank (NIB) has approved an investment loan of up to NOK 241 million to Tide Buss AS to finance the purchase of electric buses that will be operated under long-term concessions granted by the respective Public Transportation Authorities in Vestfold, Sogn and Sunnhordland in Norway.The total project cost is NOK 498 million and NIB will finance up to 50% of the total project costs. The project is co-financed by DNB and includes the purchase of 105 electric buses.   In Sogn and Sunnhordland, the new electric buses will replace parts of Tide’s existing fleet of diesel

NIB supports infrastructure investments at Klaipėda Seaport

The Nordic Investment Bank (NIB) has signed a EUR 55.5 million uncommitted credit facility with AB Klaipėda State Seaport Authority to support an infrastructure investment programme at Klaipėda Seaport in Lithuania. The financing will support upgrades aimed at strengthening maritime safety, increasing capacity, improving environmental performance, and enhancing security and operational resilience. The programme includes improvements to navigational infrastructure and port access, new passenger and cruise facilities, modernisation of Port Authority assets, and the deployment of low-

NIB supports energy resilience in the Baltics

· NIB has signed a EUR 60 million, 7-year loan with energy company Gren Group to co-finance investments in energy infrastructure across Estonia, Latvia and Lithuania.   · The project includes investments in infrastructure such as district heating and cooling networks, combined heat and power production, and in industrial energy services.  · The loan agreement has an option to increase the loan size by an additional EUR 15 million.The investments include investments to essential energy infrastructure across the three Baltic countries, including expansion of existing district heating

NIB delivers solid first quarter financial results

· During Q1/2026, NIB disbursed EUR 588 million (EUR 458 million in Q1/2025) in new financing. · NIB’s core earnings, represented by the net interest income, were stable at a high level of EUR 85 million (EUR 85 million) and net profit was EUR 63 million (EUR 70 million). · To further support the goals of the Nordic and Baltic countries, NIB published its new Climate and Nature Strategy at the end of the first quarter. André Küüsvek, NIB President and CEO, said: “Business activity for NIB remained at a good level during the first three months of the year. In the first quarter, we

NIB finances electricity and water infrastructure upgrades in Borlänge, Sweden

· NIB and the Municipality of Borlänge have signed a SEK 250 million 15-year uncommitted credit facility to co-finance utility infrastructure investments. ·The project includes an investment programme for electricity grids, as well as investments in drinking water and wastewater networks. ·The financing would be on‑lent to Borlänge Energi, the municipal utility company responsible for implementing the projects.     The electricity grid investment programme for 2025–2029 focuses on renewing, reinforcing and expanding Borlänge’s distribution network. By laying around 55

NIB supports geothermal power production increase in Iceland

· NIB and Reykjavík Energy have signed a ISK 4,625 million (EUR 32 million) 10-year loan to co-finance investments at ON Power’s Hellisheiði geothermal power plant during 2025– 2027.   · The project includes expanding thermal production, drilling a new production well, and constructing a new maintenance and storage facility.  · The total project cost is ISK 6,338 million.Reykjavik’s population has grown steadily over the last decade and is expected to continue growing throughout the 2030s. The planned investments will strengthen security of supply and prepare for rising demand.

NIB finances nursing home and healthcare facilities in Reykjavik, Iceland

· NIB has signed an ISK 4,375 million (EUR 29 million) loan with the Icelandic real estate company Reitir hf.  ·The 10-year loan will co-finance the conversion of two former office buildings into a nursing home and health care facilities in Reykjavik.   ·The total project costs are ISK 8,750 million.The Icelandic public health care system faces challenges including an ageing population, limited hospital capacity, workforce shortages and long waiting times for elective and specialist care. At the same time, Iceland has fewer long-term care beds per 1,000 inhabitants aged 65 or

NIB lends to upgrade Norway’s transmission grid

The Nordic Investment Bank (NIB) has signed a 15-year loan with Norway’s transmission system operator Statnett SF to to strengthen grid capacity, improve security of supply, and support electrification and the energy transition in Norway. The EUR 174.3 million (NOK 2 billion) loan will co-finance Statnett’s upgrading of the 47-kilometre Surna–Viklandet transmission line from 300 kV to 420 kV, largely along the existing route southwest of Trondheim. The project will increase regional transmission capacity and enable higher north–south power flows, helping to reduce a key bottleneck in the

NIB signs first sustainability-linked loan to real estate sector with Entra ASA

·NIB has signed a 12-year sustainability-linked loan (SLL) with Norwegian real estate company Entra ASA.   ·The NOK 1.5 billion loan will finance Entra’s sustainability investments.   ·Entra has committed to reducing its greenhouse gas emissions in line with the Paris Agreement’s 1.5°C target, and the company’s near-term and long-term emission reduction targets are validated by the Science Based Targets initiative (SBTi).The interest rate margin on the sustainability-linked loan with Entra is connected to key performance indicators (KPIs) pertaining to the reduction of

NIB to finance new arrivals terminal at Vilnius Airport

The Nordic Investment Bank (NIB) and Lithuanian Airports have signed a loan agreement of EUR 33.4 million to finance the construction of a new arrivals terminal at Vilnius Airport. The investment will increase the airport’s capacity and improve passenger flow by reducing bottlenecks, while also enhancing safety and baggage handling processes. The financing forms part of a broader EUR 53.4 million loan agreement to support the airport’s infrastructure development programme for 2025–2028. An initial EUR 20 million has already been allocated to the implementation of a new ground

NIB Governors approve EUR 86 million dividend payment

On 25 March 2026, the Board of Governors approved the Nordic Investment Bank’s annual accounts for 2025 and a dividend payment of EUR 86 million to its Nordic and Baltic member countries.In 2025, NIB disbursed EUR 3.9 billion in new financing, increasing financing outstanding to EUR 24,089 million, a 2.2% increase from 2024. The Bank achieved high mandate fulfilment, with 98.1% of disbursed funds allocated to projects rated as “good” or “excellent” for their impacts on the environment and/or productivity. The largest share of disbursed lending was directed to R&D programmes, energy

NIB finances production and logistics facilities for Snellman Group in Finland

· The Nordic Investment Bank (NIB) has signed a 7-year EUR 30 million loan with Oy Snellman Ab, parent company for Snellman Group. · The loan will finance new production facility and planned dispatch facility in Western Finland. · The investment supports the increased capacity, automation and energy efficiency of Snellman Group’s operations.   The loan will be used to co-finance investments in a new pet food factory in Pedersöre and a planned new dispatch logistics centre at Snellman Group’s food production facility in Pietarsaari.The new facilities will replace existing

NIB supports the development and renovation of schools and kindergartens in Turku, Finland

· NIB and the City of Turku have signed a EUR 250 million 25-year uncommitted credit facility to co-finance the construction and renovation of schools and kindergartens.  · The total costs of the project are approximately EUR 503 million. · Construction and renovation work is scheduled for 2024–2029.The project includes 11 comprehensive schools, five combined school-and-kindergarten facilities, three stand-alone kindergartens, and one upper-secondary vocational school. The majority of buildings in the project are entirely new constructions and will follow the RTYL environmental

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe

Media