NIB to finance refurbishment of educational and research facilities in Sweden
NIB has signed a SEK 700 million (approx. EUR 63.6 million) loan with Akademiska Hus AB to finance the refurbishment of educational and research facilities in Solna (Stockholm), Gothenburg and Uppsala.
The project will strengthen research productivity, expand the capacity of Sweden’s life science clusters, and support green innovation, while also delivering substantial energy-efficiency gains across the portfolio. The total project cost amounts to approximately SEK 1,400 million (around EUR 126 million).
“High-quality research environments are essential for scientific progress and industrial innovation. The upgrades will modernise key facilities across Sweden’s leading university campuses, reinforce national life science and green technology clusters, and improve the energy performance of the buildings. Together, these improvements will create modern infrastructure that benefits researchers, companies, and society at large,” said André Küüsvek, President and CEO of NIB.
The project includes the delivery of state-of-the-art laboratories and flexible office environments for the life science and green technology sectors, designed to foster closer collaboration between academia, healthcare and industry. Through the refurbishments, energy performance will improve across all buildings, with each moving up at least one energy class and several improving by up to three classes.
Akademiska Hus is a public real estate company fully owned by the Swedish government. Its mission is to develop and manage properties for universities and colleges, with a strong focus on education and research environments.
NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.
For further information, please contact
Sari Cabell, Senior Banker, +358 106180519, Sari.Cabell@nib.int
Elīna Neimane, Senior Communications Officer, +358 10 618 0871, Elina.Neimane@nib.int
