NIB finances hospital upgrade in southern Sweden

Visualisation: Hälsostaden Ängelholm AB

NIB and the Swedish company Hälsostaden Ängelholm AB have signed a 25-year loan agreement, totalling SEK 515 million (EUR 60 million) for the modernisation and development of the hospital area in the municipality of Ängelholm in southern Sweden.

Hälsostaden Ängelholm AB is set to replace older hospital buildings with modern energy-efficient facilities. The purpose of the investment is to improve the availability of healthcare services in the region. The centralisation of services is expected to increase the hospital’s productivity by 10%.

“The overhaul of the hospital facility in Ängelholm a notable showcase for addressing bottlenecks in the healthcare system in a developed country. NIB is involved because excessive treatment time and long queues combined with poor health outcomes are eroding human capital and have a negative impact on overall economic productivity,” says Henrik Normann, President & CEO of NIB.

The project will also promote a sustainable building practice, reducing the impact of the built environment on human health and the natural environment by efficiently using energy and other resources, protecting occupant health and reducing waste and pollution. The new hospital buildings will comply with the second highest certification level (Silver) in the valuation system developed by the Sweden Green Building Council.

Hälsostaden Ängelholm AB was established in 2010 as a joint venture between Sweden’s Region Skåne, the construction company PEAB and the real estate management company Wihlborgs Fastigheter AB. PEAB and Wihlborgs are Swedish publicly listed companies. All three partners have an equal share in the company. The company’s purpose is to develop and maintain healthcare facilities in cooperation with Region Skåne, the municipality of Ängelholm and other stakeholders.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

For further information, please contact
Mr Tore Emanuelsson, Senior Manager Origination, at +358 10 618 0244,
Mr Dimitrijs Alehins, Senior Communications Specialist, at +358 10 618 0296,