NIB to finance grid investments in Norway
The Nordic Investment Bank (NIB) and Å Energi AS have signed a 10 year loan to enhance and strengthen the distribution networks in Southern Norway.
Finland to replace 1,000 pole-mounted transformers
Nordic Investment Bank (NIB) has signed a €29 million ($31 million) loan agreement with Finnish energy company Pohjois-Karjalan Sähkö Oy to upgrade one of the largest distribution networks in Finland and improve the security of supply to the company’s customers.