The waste-to-energy plant built by Finnish Forum in Lithuanian Klaipeda seems to be a perfect offer to a market desperately looking for sources more sustainable than imported gas.
After two years of construction, Porvoon Energia Oy’s new combined heat and power (CHP) plant in Tolkkinen in south-eastern Finland, has been inaugurated. The NIB-financed bio-fuel power plant produces 90% of Porvoon Energia’s district heating and one-fifth of its electricity.
Environmental bonds have become a well-established asset for a growing number of investors in recent years. Pursuant to its mandate, NIB offers investments targeted at environmental improvements.
NIB has revised its method for collective impairments. They are in the 2012 income statement in addition to the allowances for specific impairments.
Open Innovation House, the newest building in the Otaniemi campus area, is bursting with new ideas. Nokia or a small one-man start-up, they all are here to share knowledge and enjoy the relaxed atmosphere of the campus.
How did NIB’s funding perform in 2012 and what’s to expect in 2013? Is NIB paper still a ‘safe haven’ product? Lars Eibeholm, Vice-President and Head of Treasury, explains all to NIB Newsletter.
A NIB-financed energy cable under construction between Åland and mainland Finlandwill will guarantee a long-term solution of energy supply for the archipelago and an opportunity to sell its wind-generated power on the regional market.
A grant from the Baltic Sea Action Plan Fund to a pilot facility sanitising sewage into fertilisers is set to catalyse investor interest to projects reducing discharges into the Baltic Sea.
Pulkovo is a very demanding project, and landing project finance of this size in Russia is a great achievement. This wouldn't have been possible without the IFIs and NIB, says Andrea Pal, Deputy General Manager and CFO of Northern Capital Gateway.
FLSmidth has to invest heavily in R&D to stay ahead of our competitors. The NIB loan helps us secure our leading position through intensive R&D, says Ben Guren, FLSmidth Group Executive Vice-President and CFO, in this interview.
NIB loan to large wind farm project in Sweden
NIB has provided a EUR 61 million loan to DNB Bank ASA. The funds will be onlent to finance one of northern Europe’s largest onshore wind farms, in Jädraås, eastern Sweden.
22 May 2013
NIB lends for upgrade of east-west railway corridor in Latvia
NIB and Latvia’s state railway company have signed a new loan for upgrading a railway section in the country’s east-west transport corridor.
22 May 2013
NIB’s 10-year Kangaroo deal increased to AUD 875m
NIB has issued its fourth increase, AUD 100 million, to its 10-year Kangaroo issue due 19 April 2022.
15 May 2013
VAS Latvijas Dzelzcels (Latvia) (21 May 2013)
DNB Bank ASA (Sweden) (14 May 2013)
Vimmerby Energi & Miljö (Sweden) (13 May 2013)