The Bank has decided to earmark EUR 1 billion to continue loan allocation under its Climate Change, Energy Efficiency and Renewable Energy (CLEERE) lending facility.
A new loan to Lithuania’s state-owned railway company will help modernise the country’s railway infrastructure.
A NIB loan to Danish Haldor Topsøe A/S will help develop catalysts and technologies for energy efficient processes used for removing harmful emissions, production of clean fuels and power generation.
Swedish Tranås Stadshus AB will build a new biofuel-based boiler financed with a NIB loan. The new 35-megawatt boiler will double the heat and power output while reducing the district heating company's CO2 footprint.
NIB is launching a long-term funding programme aimed at improving energy efficiency in the industrial and district heating sectors in the Russian Federation. The first step of the programme will be to open a consultancy for potential projects.
NIB and Kymenlaakson Sähköverkko Oy have signed a loan agreement for the implementation of a remote reading system of electricity metering in South-East Finland.
A loan to India’s Axis Bank Limited is earmarked for wind turbine parks with the total capacity of 300 MW. The wind parks are being constructed in the states of Tamil Nadu, Andhra Pradesh and Gujarat.
NIB has signed a loan agreement with Norwegian dairy company TINE for financing its dairy expansion in the capital city.
In four years since the launch of the CLEERE lending facility, NIB has committed EUR 3 billion to projects aimed at promoting renewable energy, energy efficiency and other measures of abating and adapting to climate change.
A new loan to Estonia’s transmission system operator Elering AS is aimed at financing a 330 kV transmission line in southern Estonia.