NIB in Norway

NIB has been operating in Norway since 1977, providing approximately EUR 12.6 billion (NOK 147.5 billion) in financing to more than 370 projects in the country.

Norway founded NIB together with the other Nordic countries in 1975. Some of NIB’s latest financed projects in the country include new electric ferry line connections, increasing hydropower capacity and a sustainability-linked loan to Borregaard.

Start of operations: 1977

Projects financed: over 370

Amount financed: ∼EUR 12.6 billion

In recent years, NIB has financed electricity distribution and transmission networks, transportation electrification, and renewable energy generation.

NIB has also contributed to the development of hydropower and wind power projects. Additionally, NIB is financing numerous sustainable real estate projects in Norway.

Looking ahead, NIB aims to continue to support and accelerate the green transition.

Authorised capital

Member country
Rating*
Authorised capital
Country’s share
DenmarkAaa/AAA1,763,074,493.79€21.1%
EstoniaA1/A+76,651,259.81€0.9%
FinlandAa1/AA+1,482,690,785.19€17.7%
IcelandA2/A+79,132,913.42€0.9%
LatviaA3/A111,830,807.21€1.3%
LithuaniaA2/A163,231,714.80€2.0%
NorwayAaa/AAA1,799,704,941.30€21.5%
SwedenAaa/AAA2,892,527,558.59€34.6%
Total 8,368,844,474.11€100.0%
* Credit ratings by Moody’s and Standard & Poor’s as of 31 May 2024

Latest loans


Latest articles


Contact us

Harald Rokke

Country Lead for Norway
+358 10 618 0286

Arild Moen

Associate Communications Director
+358 10 618 0496

NIB in Denmark

NIB has been operating in Denmark since 1978.

Read more

NIB in Estonia

NIB has been operating in Estonia since 1994.

Read more

NIB in Finland

NIB has been operating in Finland since 1976.

Read more

NIB in Iceland

NIB has been operating in Iceland since 1977.

Read more

NIB in Latvia

NIB has been operating in Latvia since 1995.

Read more

NIB in Lithuania

NIB has been operating in Lithuania since 1994.

Read more

NIB in Sweden

NIB has been operating in Sweden since 1977.

Read more

What we finance

Read more about the general conditions for granting loans, including purpose, scope, share and types of costs.

Read more

How it works

See what the eligibility criteria are and what both your company and NIB can do to make this financing journey a success.

Read more