A grant from NIB’s Baltic Sea Action Plan Fund to the Swedish Water and Wastewater Association is laying grounds for a number of investment projects which will reduce nitrogen and phosphorus discharges to the Baltic Sea.
DONG Energy is building Denmark’s largest offshore wind farm. NIB is financing the project with a EUR 240 million loan.
With an overall capacity of 400 MW, the new Anholt wind farm will cover 4% of Denmark's total power consumption.
Cooperation between NIB and the Black Sea Trade and Development Bank (BSTDB) has evolved over the past seven years. The most recent loan programme, signed in June 2011 and with a specific environmental focus, has confirmed BSTDB’s place as one of the preferred financial intermediary partners in NIB’s non-member countries.
The University of Helsinki is aiming to develop more cohesive library structures and integrated services. NIB is financing the construction project with a EUR 27 million loan.
The key to revitalising Iceland’s economy lies in the country’s rivers and geothermal waters. With NIB financing, Iceland’s main energy company Landsvirkjun is constructing a new hydropower plant which will feed clean electricity to power-intensive industries on the island.
India’s IDFC has received a loan facility for lending to infrastructure projects in this country. The NIB Newsletter met with Mr S. J. Balesh, Senior Director Resources at the IDFC, to find out more about his institution’s special status and the most urgent needs for modern infrastructure in India.
"Financing through intermediaries is without any doubt a key component of our strategies in non-member countries," says Søren Mortensen, Head of Non-member Lending at NIB, in this interview.
In June 2011, NDEP marks its 10th anniversary.
Extended until 2017, it will shift its focus to wastewater treatment in smaller municipalities and energy efficiency projects.
Sweden's Svevind AB is building the country's largest wind farm, Gabrielsberget, on a mountain overlooking the Gulf of Bothnia in in the northern part of the country. NIB has participated in the project with two loans totalling EUR 68 million.
A new metro stretch westward from Finland's capital city, Helsinki, to its satellite Espoo is the country's largest infrastructure project. NIB has provided a EUR 120 million loan for its implementation.
NIB has issued its fourth increase, AUD 100 million, to its 10-year Kangaroo issue due 19 April 2022.
15 May 2013
A loan agreement has been signed with the Swedish company Vimmerby Energi & Miljö AB to finance a new bio-fuelled combined heat and power plant.
8 May 2013
At its annual meeting in Vilnius, Lithuania, NIB's Board of Governors decided to resume dividend payments to the member countries. The 2012 dividend amounts to EUR 52 million.
30 Apr 2013