Nordic Investment Bank

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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 10-year loan to finance Viking Link interconnector

Mon, Mar 07, 2022 08:48 CET

The Nordic Investment Bank (NIB) agrees a 10-year loan agreement with Danish TSO Energinet to increase the co-financing to construct the Viking Link, a 760- kilometre 1.4 GW high voltage direct current electricity interconnector between the substations of Revsing in southern Jutland in Denmark, and Bicker Fen in Lincolnshire, Great Britain.The DKK 1,500 million (EUR 201.67 million) loan will enable the more effective utilisation of renewable energy, access to sustainable electricity generation, and improve the security of electricity supplies. This is the second 10-year loan signed with

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NIB signs 10-year loan to finance Viking Link interconnector

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