“Green growth is a gold mine—if one finds the right vein,” said NIB President and CEO Johnny Åkerholm, speaking today in Almedalen in Visby, Sweden.
A new loan to Finnish energy company Oulun Energia will be used to finance a new power plant.
In his speech at the conference Future 2020, on 21 June 2011 in Helsinki, Mr Åkerholm discussed the uncertainty of basing economic forecasts on the current trends in the financial markets.
NIB publishes the results (unaudited) of its operations during January–April 2011.
NIB has signed a loan agreement with the University of Helsinki Funds for the construction of a new library.
NIB and Finland’s Pohjola Bank plc have signed an agreement for a loan programme, earmarked for improving energy efficiency and wastewater treatment in the housing sector and industrial buildings.
NIB’s Climate Change, Energy Efficiency and Renewable Energy lending facility has been further extended.
On 15 June, NIB marked 35 years since it was established by the Nordic governments in the mid-1970s.
NIB has provided a EUR 50 million loan to Turun Seudun Vesi Oy to finance an artificial recharge aquifer project in the Turku region in Finland.
With this new loan to SEB Leasing Oy, NIB finances the acquisition of construction equipment for power company Porvoon Energia Oy in South-East Finland.