NIB finances wind power park in northern Finland
(Thomson Reuters ONE) -
The Nordic Investment Bank (NIB) and the Finnish Rajakiiri Oy have agreed on a
loan totalling EUR 19 million for the construction of a new wind power park in
Tornio in northern Finland.
The new wind power park will increase the overall capacity of Finnish wind power
by one-fifth. The park, scheduled to be up and running by the end of 2010, will
have a capacity of some 30 megawatts and the electricity output will be
equivalent to the electricity use of 5,000 households.
The project is highly in line with NIB's environment mandate as it will help
reduce green house gas emissions by replacing electricity generation based on
fossil fuels.
The area where the wind park will be built is very suitable as it is already an
industrialised area. For instance, noise from an existing factory will cover the
noise from the wind generators. Moreover, transmission grids are already in
place and the needed infrastructure will be ready when the building phase
starts.
Rajakiiri Oy is a part of the EPV Group. Other owners are the Finnish steel
companies Outokumpu Oyj and Rautaruukki Oyj and the Finnish energy company Oy
Katternö Kraft Ab.
The Nordic Investment Bank is the common international financial institution of
the eight Nordic and Baltic countries. NIB provides long-term financing to the
energy, environmental, transport, logistics and communications, and innovation
sectors for projects that strengthen competitiveness and enhance the
environment. 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
Sebastian Påwals, Senior Manager, at +358 10 618 0527 or
sebastian.pawals(at)nib.int
Linda Lindfors, Communications Specialist, at +358 10 618 0299,
linda.lindfors(at)nib.int
[HUG#1411149]
Unternehmensinformation / Kurzprofil:
Datum: 03.05.2010 - 13:36 Uhr
Sprache: Deutsch
News-ID 20148
Anzahl Zeichen: 0
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 197 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"NIB finances wind power park in northern Finland"
steht unter der journalistisch-redaktionellen Verantwortung von
NIB NORDIC INVESTMENT BANK (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
