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