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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.

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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 finances fibre rollout in Denmark

The Nordic Investment Bank (NIB) and TDC NET A/S have signed a 7-year EUR 50 million loan to finance the company’s fibre broadband network rollout investments during 2025–2027, primarily in the Greater Copenhagen area. The financing will help meet the growing demand for high-speed broadband and support Denmark’s digital infrastructure. The investment will expand fibre-to-the-premises coverage and increase activation. Enhanced connectivity supports businesses with cloud, automation and e‑commerce solutions, while households benefit from reliable access to remote work, education and public

NIB funds new Central Station district in Gothenburg

The Nordic Investment Bank (NIB) has signed a 10-year loan of SEK 500 million (approx. EUR 46 million), with an option for an additional SEK 1 billion (approx. EUR 92 million), with Jernhusen AB to finance two station-connected buildings—Park Central and Grand Central—in Gothenburg. Both buildings target BREEAM Outstanding certification and will expand capacity and combined transport connectivity at one of Sweden’s busiest rail hubs.The projects form part of Gothenburg’s Centralstaden redevelopment to relieve capacity constraints at the historic Central Station. The new buildings will

NIB finances Kemira’s new biomaterials production facility in Finland

· The Nordic Investment Bank (NIB) is financing Kemira with a EUR 50 million loan to build a new biomaterials production facility in Finland. The term of the loan is 10 years. · Kemira and International Flavors & Fragrances (IFF) have joined forces to produce renewable biobased products on a commercial scale. Kemira’s role in the collaboration is to co-develop and commercialise a range of new biobased and biodegradable products across Kemira’s key product lines. Kemira and IFF are jointly investing in a commercial-scale plant at IFF’s site in Finland to produce bio-based products,

NIB finances large-scale wind farm in Latvia

The Nordic Investment Bank (NIB) has signed a 16-year loan with Ltd. WPR2 for the construction and operation of a 112 MW wind farm in Latvia. The EUR 28 million loan supports the country’s transition to clean energy and is eligible under the InvestEU Clean Energy Transition Framework.  The financing will support “Project Simpson”, a greenfield wind energy development located in Smiltene, northeastern Latvia. Once operational, the wind farm is expected to generate approximately 283 GWh (P90) annually and will contribute to significant CO₂ reductions.João Neto, Investment Director at

NIB backs infrastructure upgrades at Lithuanian airports

The Nordic Investment Bank (NIB) and Lithuanian Airports have agreed on a loan of EUR 20 million for the company’s 2025–2028 investment plan. The investments aim to enhance operational efficiency and strengthen Lithuania’s aviation sector’s long-term development.A significant share of the financing will go towards constructing a multi-level parking facility at Vilnius Airport, which will help ease passenger flow and improve accessibility. In addition, the company will upgrade its ground transport fleet by acquiring new loaders, tractors, snow removal vehicles, sweepers, and other equipment

NIB finances egg production expansion in Latvia

The Nordic Investment Bank (NIB) and the Latvian JSC Balticovo have signed a EUR 30 million loan agreement for the company’s sustainable production capacity expansion. The loan is supported under the InvestEU programme.  The ten-year maturity loan supports Balticovo’s investments in the construction of aviary production houses and rearing poultry houses, as well as a new egg-sorting line. Through these investments, the company’s production capacity is expected to increase by almost 50%.  “Our long-term financing is essential for a mid-cap company to diversify funding sources and

NIB funds BioCirc’s carbon capture and storage facilities in Denmark

The Nordic Investment Bank (NIB) has signed a 9-year loan to co-finance Danish BioCirc Group’s carbon dioxide liquefication and transport investments at its biogas facilities in Denmark.   The EUR 27.5 million (DKK 205 million) loan is supported by the InvestEU programme and is eligible under NIB’s InvestEU Framework Operation on Clean Energy Transition. This is NIB’s first InvestEU loan in Denmark.   The loan will finance the infrastructure needed at five of BioCirc Group’s eight plants to clean and liquefy captured CO2. Biomethane production is usually done by separating the

NIB finances sustainable residential development in Finland

The Nordic Investment Bank (NIB) has signed a 10-year loan agreement with Joo Group Oy to support the construction of new residential buildings with LEED Platinum certification in Turku and Kirkkonummi, Finland.The EUR 18.3 million loan will finance the development of four residential buildings that are all completed in 2025. The total project cost amounts to EUR 40 million.The new buildings will add close to 300 rental apartments to Joo Group’s portfolio. The properties are located in Masala, Kirkkonummi and Pukkila, Turku where Joo Group already has a strong presence and local

NIB and CEB to co-finance University of Tartu’s academic and research buildings

The Nordic Investment Bank (NIB), the Council of Europe Development Bank (CEB) and the University of Tartu have agreed on up to EUR 100 million financing for the construction and renovation of the university’s academic and research buildings in Estonia.NIB’s financing of EUR 40 million and CEB’s loan of EUR 60 million are earmarked for: · the construction of the building complex in Maarjavälja, Tartu, that will host the staff and students of the University of Tartu Institute of Technology, Institute of Molecular and Cell Biology, Institute of Pharmacy, and Institute of Bioengineering;

NIB funds renovation of Söderhallarna in Stockholm

NIB has signed a 10-year loan agreement with Atrium Ljungberg AB to support its refurbishment and redevelopment of the Söderhallarna property in Stockholm, Sweden.   The SEK 860 million (approximately EUR 79.5 million) loan will finance Atrium Ljungberg’s project, which started in spring 2024 and is expected to be completed by early 2027. Once completed, the building will use 50% less energy.   Söderhallarna opened in 1992, and the building is recognised for its cultural and architectural value. The ground floor will remain as food markets and restaurants, while the upper floors

NIB funds large-scale offshore wind power developments in the Baltic Sea

· Bałtyk 2 and Bałtyk 3 wind farms will each have a capacity of 720 MW. · The wind farms will produce enough power to supply around 2 million average Polish households and make up about a quarter of Poland’s 2030 installed offshore wind capacity target. · NIB’s EUR 126 million financing has a maturity of 26 years, providing long-term capital and a diversified funding base.The Nordic Investment Bank (NIB) will provide two 26-year loans of EUR 64 million and EUR 62 million, respectively, for the construction and operation of two large-scale offshore wind farms, Bałtyk 2 and Bałtyk 3 in

NIB finances ESL Shipping’s four dual-fuel cargo vessels

The Nordic Investment Bank (NIB) has signed a 10-year loan agreement with ESL Shipping Oy to finance the construction of four IA ice-classed Green Handy-sized ships. These ships are fully equipped to use fossil-free green methanol, although the actual use of green fuel will depend on end customer preference and availability. This investment reflects ESL Shipping's commitment to enhancing sustainability and reducing greenhouse gas emissions in the maritime sector.The EUR 45 million loan will co-finance the construction of the new vessels, which are expected to enter service between Q3 2027

NIB signs Arctic SME onlending facility with SpareBank 1 Helgeland

The Nordic Investment Bank (NIB) has signed a 5-year Arctic loan agreement with SpareBank 1 Helgeland for onlending to small and medium-sized companies (SMEs) and environmental projects in northern Norway.The loan aims to alleviate credit constraints for smaller companies, which are at a comparative disadvantage to facilitate productivity growth. SMEs and smaller mid-caps, which rely on bank financing, face greater challenges in accessing finance compared to large enterprises. Since these companies contribute significantly to aggregate output and employment in the member area, improved

Defence loan: NIB lends EUR 400 million for Lithuania’s resilience

The Nordic Investment Bank (NIB) and the Republic of Lithuania have signed a EUR 400 million uncommitted credit facility for national defence system investments during 2025–2027.The 20-year financing is earmarked for budgetary expenditures related to dual-use and infrastructure developments aimed at strengthening Lithuania’s defence capabilities. The investments include IT and cybersecurity enhancements, the purchase of transport and engineering equipment, vessels, and the modernisation of aircraft and helicopters. Moreover, the financing will support the development of residential,

NIB, Luminor and NORD/LB to co-finance a 148 MWp solar farm in Latvia

The Nordic Investment Bank (NIB), Luminor Bank and NORD/LB have agreed to co-finance a 148 MWp solar farm in the Ventspils municipality. The project is developed by Stelo Orienta SIA, a subsidiary of European Energy, a Danish renewable energy company.The overall financing amounts to EUR 68 million. NIB’s EUR 28 million loan is supported by the European Union under NIB’s InvestEU Framework Operation on Clean Energy Transition. This is NIB’s first InvestEU loan in Latvia. The financing will increase the overall solar generation capacity in Latvia, which currently stands at 600 MW.  Latvia’

NIB finances new fibre optic broadband investments in Norway

The Nordic Investment Bank (NIB) has signed a 10-year loan agreement with Eidsiva Energi AS to further expand the digital infrastructure in Innlandet County, and municipalities in the region, during 2025-2029.The NOK 500 million (EUR 42.5 million) loan will finance investments to increase the number of active fibre optic broadband network clients from approximately 100,000 to 120,000 in Innlandet County by 2029. The project is an extension of the company’s previous fibre investment programmes, co-financed by NIB, for the rollout of fast fibre optic broadband networks for 2017–2020, 2020-

NIB and Epiroc agree on sustainability-linked financing

The Nordic Investment Bank (NIB) and Epiroc AB, the Sweden-based global mining and construction equipment manufacturer and service provider, have signed a ten-year USD 150 million (approx. EUR 136 million) sustainability-linked loan. The loan is connected to Epiroc’s climate targets, which support the decarbonisation of the mining industry.Epiroc aims to significantly reduce absolute carbon emissions from its operations and the use of its sold products, as well as to transform its product offering to include a full range of emission-free alternatives by 2030. The targets related to its own

NIB and Ericsson continue to advance wireless technology through R&D

The Nordic Investment Bank (NIB) and the Swedish telecommunications company Ericsson have signed a USD 108.16 million (EUR 100 million) loan agreement for the development of enhanced wireless technology.This is NIB’s second loan for Ericsson’s investments in research and development (R&D) between 2023 and 2025. The investments support the company’s plan to reach net zero targets by 2040 through reduced energy consumption in the mobile networks globally. The new loan takes NIB’s overall financing to Ericsson to over EUR 800 million. Since 1979, the Bank has provided the company with

NIB and Luminor finance Pienas LT production expansion

Pienas LT, one of the largest dairy cooperatives in the Baltic states, is expanding the capacity of its milk protein production facility located in the Kaunas Free Economic Zone (FEZ). Pienas LT plans to invest EUR 50 million to modernise and expand production. The Nordic Investment Bank (NIB) will finance EUR 20 million of the investments, while more than EUR 30 million in financing will be provided by Luminor Bank.After the modernisation and expansion of the Pienas LT plant, the production capacity is set to double from 650 tonnes to 1,300 tonnes of milk per day. More than 150 new jobs

NIB and Citadele fund Baltics’ first gene therapy manufacturing facility

The Nordic Investment Bank (NIB), Citadele bank and the Lithuanian biopharmaceutical company UAB Celltechna signed a ten-year financing agreement of EUR 37 million for a gene therapy product facility in Vilnius. NIB will provide a EUR 22.5 million loan, and Citadele will extend a EUR 14.5 million loan for the project.The new Gene Therapy Centre will be the first and so far the only one of its kind in the Baltic countries. It will provide facilities for both research and manufacturing processes, supporting the development of genetic disease treatments. Spanning approximately 8,000 square

NIB finances new central hospital in Hämeenlinna

The Nordic Investment Bank (NIB) and the Wellbeing Services County (WSC) of Kanta-Häme have signed a 25-year uncommitted credit facility for the new central hospital in Hämeenlinna, Finland.NIB’s financing of up to EUR 100 million supports the construction of the 97,000-square-metre Assi facility in the current hospital campus in Ahvenisto. The new building will facilitate 390 hospital beds, have a work force of around 1,900 and is expected to accommodate around 211,000 visitors from the Kanta-Häme region annually. The new hospital will modernise treatment processes, enhance logistics,

Lithuania to get new electric trains under NIB-EIB-LTG Link deal

The Nordic Investment Bank (NIB), the European Investment Bank (EIB) and LTG Link have signed a financing agreement for the purchase of electric and battery-powered trains.NIB and the EIB will provide loans of EUR 100 million each to finance nine electric and six battery trains, which will replace about one-third of the passenger train fleet. The new trains will not only be more comfortable than diesel trains, but will also reduce journey times. Low-floor cars will make boarding easier for older people, pregnant women, parents with small children and all passengers with reduced mobility.

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