Agreed loans

Loans disclosed here do not include green bond investments or individual allocations of lending facilities placed with intermediary institutions. For loans in currencies other than EUR, the equivalent in EUR is approximate and based on the exchange rate effective for the signing.

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Special features
Category A projects
Climate change mitigation
Maritime environment
Arctic facility
Environmental Bond financing
COVID-19 response

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Date Customer Loan agreed Summary  
13 Mar 2009

Empresa Brasileira de Telecomunicações S.A.


EUR 38.7 million

A/B loan for financing the expansion of the company’s wireless broadband and telecommunications infrastructure in Brazil including supplies of state-of-the-art telecom network technology from Nordic suppliers.

20 Mar 2009

Rautaruukki Corporation


EUR 30 million

Climate: 30%

Baltic Sea: 20%

Modernisation and reconstruction of the iron production and related environmental technology in company’s steelworks in Raahe, western Finland. The renewal will help bring the manufacturing process up to date with the latest environmental and technical standards.

30 Mar 2009

Indian Renewable Energy Development Agency Ltd.


EUR 37.9 million

Loan programme to finance renewable energy projects in India.

31 Mar 2009



EUR 30 million

Climate: 50%

Investment in product R&D with a focus on the reduction of friction and wear as well as improving energy efficiency.

1 Apr 2009

Kemijoki Oy


EUR 25 million

Climate: 75%

Upgrading and refurbishment of existing hydropower plants, which will enable the output of renewable and emission-free energy to increase by 100 GWh per year, or up 25% from the current level.

3 Apr 2009



EUR 45 million

Financing for the purchase of 20 new high speed trains, replacing traditional style trains and increasing capacity at routes where capacity is a bottle neck during rush hours. This is assumed to lead to that SJ will increase its market share on behalf of air and road travel. An improvement from an environmental point of view.

6 Apr 2009



EUR 48.2 million

Climate: 75%

Environmental investments, including energy efficiency gains, improved handling of waste and better use of chemicals, at the company’s production plants in Oxelösund, Borlänge and Luleå.

9 Apr 2009

AS Tallinna Vesi


EUR 20 million

Baltic Sea: 50%

Investment programme for 2008–2010, including the maintenance and extension of the water supply and sewage networks.

17 Apr 2009

VAS Latvijas Hipoteku un zemes banka


EUR 100 million

Onlending to projects carried out by small and medium-sized enterprises in Latvia.

20 May 2009

City of Vilnius


EUR 20 million

Climate: 25%

Investment programme including the construction of a bypass road south of the city, the reconstruction of streets, as well as the upgrading of the public transport fleet.


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