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NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

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NIB signs its first sustainability-linked NIB loan with Electrolux Professional

The Nordic Investment Bank (NIB) and Electrolux Professional AB have signed a seven-year EUR 60 million sustainability-linked loan. This is NIB’s first sustainability-linked loan agreement, creating financial incentives for the customer to further strengthen its climate efforts. The loan is related to Electrolux Professional reducing its CO2 emissions from operations and water use in professional laundry and ware-washing products, as well as decreasing the use of HCF cooling gases in products sold by 2025.Electrolux Professional (EPRO) plans to become climate neutral in its own operations

NIB finances municipal infrastructure investments in Norrtälje, Sweden

The Nordic Investment Bank (NIB) and the municipality of Norrtälje have signed a 25-year loan facility of SEK 400 million (EUR 38.28 million) to finance investments in water supply, wastewater treatment, new school buildings and a new fire station. The population of the municipality of Norrtälje, located north-east of Stockholm, is expected to exceed 76,000 by 2026. The municipality is therefore investing in the expansion of its infrastructure to accommodate several thousand new households in the coming years. The loan from NIB will finance new educational facilities, including an

NIB and Orusts Sparbank sign loan programme for SMEs in Sweden

The Nordic Investment Bank (NIB) and Sweden’s Orusts Sparbank have signed a loan facility of SEK 130 million (EUR 12.5 million) to finance investments in SMEs and environmental projects on the island of Orust and nearby areas served by the bank. The five-year loan programme will mainly finance projects in construction, real estate, fishing and agriculture as well as hotel and restaurant services. Small and medium-sized enterprises are responsible for a significant share of economic activity and employment in the region. The loan programme will help to improve access to financing.

NIB opens water infrastructure credit line with the Municipality of Kristianstad, Sweden

The Nordic Investment Bank (NIB) and the Municipality of Kristianstad have signed a new loan programme for financing wastewater and water investments.The credit facility totals SEK 500 million (EUR 52 million) and will be used to expand the central wastewater treatment plant and network, as well as constructing and upgrading freshwater plants during 2017–2021. The credit facility has a 21-year maturity. The expansion of the central wastewater treatment plant will increase the capacity by 27%, to 260,000 person equivalents. This will enable Kristianstad to handle an intensified waste

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