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NIB finances new district heating network in Espoo, Finland

Financing District Heating announced Finland Mar 28, 2024
USD60M
Deal Value

NIB has provided a EUR 60 million loan to Espoon Kaukolämpö Oy to finance the construction of a new district heating network in Espoo, Finland. The project aims to improve the efficiency and reliability of heat supply in the region.

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Counterparts (2)

Lender
Nordic Investment Bank (NIB)
company · 1 deals
Nordic Investment Bank (NIB) is the international financial institution of the Nordic and Baltic countries. It finances projects that improve productivity and benefit the environment in the Nordic–Baltic region.
borrower
Espoon Kaukolämpö Oy
company
Espoon Kaukolämpö Oy is a district heating company based in Espoo, Finland. They focus on providing district heating services to the Espoo region.

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Timeline

Announced
Mar 28, 2024
Signed
Closed

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Source

www.arctictoday.com
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