NIB opens credit line for environmental projects in Poland
(Thomson Reuters ONE) -
A new environmental loan programme totalling EUR 30 million has been signed by
the Nordic Investment Bank (NIB) and Poland's Bank Ochrony Srodowiska (BOS).
The funds provided by NIB will be used for projects promoting renewable energy
solutions, energy-efficiency measures and wastewater treatment systems. The
programme is aimed at municipalities and small- and medium-sized enterprises, as
well as private households and housing companies.
"NIB's loan programme will be complementary to BOS's own financing. BOS has a
strong market position in the municipal sector and is therefore the ideal
partner for NIB in order to identify and finance local projects in Poland, a
country with a tremendous impact on the health of the Baltic Sea," says Johnny
Åkerholm, NIB President and CEO.
Through subprojects, the loan programme will help reduce discharges of
phosphorus and nitrogen into watercourses and the sea. Poland accounts for
25-30% of all discharges of these elements into the Baltic Sea. Projects
eligible for NIB financing will also improve the collection and sorting of solid
waste, as well as develop the generation of renewable energy and increase the
energy efficiency of buildings.
NIB has the possibility to supplement the loan programme with a technical
assistance grant fund to support identification and development of projects
relevant for the HELCOM Baltic Sea Action Plan (BSAP).
The Nordic Investment Bank (NIB) 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
Mr Sami Loukkola, Senior Manager Origination, at +358 10 618 0698,
sami.loukkola(at)nib.int
Ms Kyra Koponen, Communications Officer, at +358 10 618 0297,
kyra.koponen(at)nib.int
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Source: NIB NORDIC INVESTMENT BANK via Thomson Reuters ONE
[HUG#1518761]
Unternehmensinformation / Kurzprofil:
Datum: 31.05.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 55149
Anzahl Zeichen: 2862
contact information:
Town:
Helsinki
Kategorie:
Business News
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"NIB opens credit line for environmental projects in Poland"
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