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 |
| Denmark | Aaa/AAA | 1,763,074,493.79€ | 21.1% |
| Estonia | A1/AA- | 76,651,259.81€ | 0.9% |
| Finland | Aa1/AA+ | 1,482,690,785.19€ | 17.7% |
| Iceland | A2/A+ | 79,132,913.42€ | 0.9% |
| Latvia | A3/A+ | 111,830,807.21€ | 1.3% |
| Lithuania | A2/A+ | 163,231,714.80€ | 2.0% |
| Norway | Aaa/AAA | 1,799,704,941.30€ | 21.5% |
| Sweden | Aaa/AAA | 2,892,527,558.59€ | 34.6% |
| Total | 8,368,844,474.11€ | 100.0% |
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Harald Rokke
Country Lead for Norway
+358 10 618 0286
Arild Moen
Associate Communications Director
+358 10 618 0496