Nordic Investment Bank

Nordic Investment Bank is an international financial institution headquartered in Helsinki, Finland. It provides sustainable, long-term financing to public and private sector clients on market terms, offering loans and guarantees for energy, environment, transport, infrastructure, telecom, and related projects. Owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden, the bank funds its lending through international capital markets. It serves governments, municipalities, large and mid-cap companies, financial institutions, and small and medium enterprises in member and non-member countries, and may support on-lending through financial intermediaries. Its projects emphasize competitiveness and sustainability in the Nordic-Baltic region.

Andre Kuusvek

President and CEO

Henrik Normann

President

Past deals in Nordic Europe

SSAB

Post in 2025
SSAB is a leading global steel company specializing in value-added, high-strength steel products. With approximately 16,000 employees across more than 50 countries, SSAB operates production facilities in Sweden, Finland, and the United States. The company focuses on developing steel solutions in collaboration with its customers to create lighter, stronger, and more sustainable end products. SSAB's production capacity reaches 8.8 million tonnes annually, utilizing integrated blast furnace processes in Sweden and Finland, while employing scrap-based electric arc furnaces in the U.S. Additionally, SSAB has smaller production sites and steel service centers worldwide, including a finishing line in Shanghai. The company operates through various divisions, producing structural high-strength steel, wear-resistant steel, and other specialized products, while also providing distribution and construction solutions through its subsidiaries. SSAB's innovative steel products are essential for industries such as heavy transport and construction, enhancing the strength and lifespan of their applications.

European Energy

Debt Financing in 2025
European Energy specializes in constructing wind and solar farms along with large-scale green energy storage solutions. The company develops, constructs, and operates renewable energy infrastructure globally to drive the green transition, enabling sustainable energy production and reducing carbon emissions.

Heimar

Post in 2025
Heimar is a real estate firm based in Iceland that specializes in investing in, leasing, and managing commercial properties. The company oversees a diverse portfolio of approximately 100 properties, encompassing an area of around 400,000 square meters. This portfolio includes a variety of asset types, such as office spaces, industrial and warehouse facilities, retail shops, and service establishments. Heimar's focus on commercial real estate positions it as a significant player in the Icelandic market, contributing to the development and management of various commercial assets.

Eidsiva Energy

Debt Financing in 2025
Eidsiva Energi, headquartered in Hamar, Norway, is one of the country's largest energy companies, focusing on the production, distribution, and sale of electricity, broadband, and electrical safety services. With a network company, Eidsiva Nett, managing 22,000 kilometers of power grid, the company serves approximately 155,000 customers across Eastern Norway. Eidsiva operates several subsidiaries, including Eidsiva Vannkraft, Eidsiva Bioenergi, and Eidsiva Marked, which are involved in various aspects of energy production and distribution. The company is committed to developing renewable energy solutions, leveraging local resources such as hydropower, biomass, waste, and wind power. Eidsiva Energi aims to achieve a production capacity of nearly five billion kilowatt hours of renewable energy annually in the near future. With over 1,000 employees and a yearly turnover of around four billion Norwegian Kroner, Eidsiva plays a crucial role in providing essential services and addressing the growing demand for sustainable energy in the context of climate change.

Sunnhordland Kraftlag

Debt Financing in 2024
Sunnhordland Kraftlag AS is a prominent electricity generator in Norway, primarily focused on the operation of hydroelectric power plants. Founded in 1946, the company is headquartered in Stord, Norway, and ranks among the largest power producers in the country, positioning itself as one of the top entities within the sector. Through its commitment to renewable energy, Sunnhordland Kraftlag plays a significant role in the Norwegian energy landscape, contributing to sustainable power generation.

Meyer Turku

Debt Financing in 2024
Meyer Turku Oy is a Finnish shipbuilding company based in Turku, Finland, specializing in the design and construction of cruise ships, car-passenger ferries, offshore structures, and special vessels. Founded in 1737, the company has a long history in the shipbuilding industry, evolving from its origins as Masa-Yards Oy in 1989. Meyer Turku operates from the Perno shipyard, which spans 144 hectares and features a 365-meter-long dry dock along with two bridge cranes capable of lifting 600 and 1,200 tonnes. The company is fully owned by Meyer Werft GmbH and manages several subsidiaries, including Shipbuilding Completion Oy, ENG'nD Oy, and Piikkio Works Oy. These subsidiaries enhance its capabilities by providing turnkey solutions for public spaces in ships and specialized shipbuilding services. Meyer Turku is recognized for its use of advanced technologies and innovative construction processes, catering to cruise operators and ship owners worldwide.

Skarta Energy

Debt Financing in 2024
Skarta Energy is a Finnish developer and producer of renewable energy, focusing on industrial-scale solar power projects. The company aims to combat climate change by harnessing emission-free energy sources. Skarta Energy is involved in creating preconditions for utilizing decommissioned mining areas for solar power production. The company is committed to advancing renewable energy solutions and contributing to a sustainable future.

Nokia

Post in 2024
Nokia is a Finnish multinational telecommunications and information technology company that designs, manufactures, and sells telecom equipment, network infrastructure, and software for mobile operators, fixed networks, and enterprises. The company provides hardware and services across mobile networks, IP and optical networks, cloud and network services, and technology licensing, while also developing location-based technologies and digital mapping through its HERE division. Nokia serves operators and service providers in more than 150 countries and maintains a substantial focus on research and development, patent licensing, and end-to-end network solutions. The business aims to enable reliable connectivity, edge-to-cloud services, and advanced communication capabilities for customers worldwide.

Epiroc

Post in 2024
Epiroc is a productivity partner for the mining, infrastructure and natural resources industries. With cutting-edge technology, Epiroc develops and produces innovative drill rigs, rock excavation and construction equipment, and provides world-class service and consumables. The company was founded in Stockholm, Sweden, and has passionate people supporting and collaborating with customers in more than 150 countries.

Kesko Food Baltics

Post in 2024
Kesko Food Baltics is a division of Kesko Oyj, a Finland-based company that provides various services in the trading sector. The Food Trade division is responsible for managing a range of K-food store chains, including K-Citymarket, K-Supermarket, K-Market, K-Pyoka, and K-Extra, as well as the Pirkka and Kespro brands. These stores offer a diverse selection of grocery products and food items to meet the needs of consumers in the Baltic region. By focusing on quality and customer service, Kesko Food Baltics aims to deliver a positive shopping experience while catering to local preferences and demands in the food retail market.

Bonnier Fastigheter

Debt Financing in 2024
Bonnier Fastigheter is a provider of commercial real estate and housing services based in Stockholm, Sweden. The company focuses on acquiring, developing, refining, and managing properties within selected sub-markets, emphasizing a strong local presence and a commitment to long-term management and construction. By creating favorable conditions for operations, Bonnier Fastigheter aims to enhance the value and functionality of its real estate assets.

Ericsson

Post in 2024
Ericsson, established in 1876, is a global leader in telecommunications, providing technology and services to telecom operators worldwide. The company specializes in information and communications technology services, offering a broad portfolio that includes mobile and fixed network infrastructure, telecom services, software, broadband, and multimedia solutions. Ericsson Ventures, its investment arm, focuses on emerging growth areas such as IoT, AI, machine learning, and connected devices, managing over 95 million connected devices globally.

EcoDataCenter

Debt Financing in 2024
EcoDataCenter is a Sweden-based provider of colocation and data center services with a network of facilities across Sweden. It delivers high-performance computing capabilities, remote operations, and scalable IT infrastructure to support enterprise workloads. The company offers colocation options including private rooms, private suites, shared spaces, and customized cages, along with thermal management, power, and connectivity solutions. Network connectivity is provided through multiple carriers, including dark fiber and wavelength services. EcoDataCenter emphasizes carbon-positive operations and helps clients reduce their data-related carbon footprint through energy-conscious design and efficient data center management.

Electrolux

Post in 2024
Electrolux is a Sweden-based manufacturer of home and professional appliances. It offers kitchen products, laundry equipment, small appliances, and professional kitchen and laundry systems under brands including Electrolux, AEG, Zanussi, Frigidaire, and Electrolux Grand Cuisine. The company serves consumers and professional customers worldwide, with operations in North America, Europe, Latin America, Africa, the Middle East, and Asia-Pacific. Electrolux focuses on design, manufacturing, and distribution of appliances, accessories, and spare parts for both residential and commercial sectors.

Elisa

Debt Financing in 2024
Elisa is a leading telecommunications and digital services company based in Helsinki, Finland, established in 1882. It offers a wide range of services in telecommunication, ICT, and online communication and entertainment, catering to 2.2 million consumers and numerous corporate and public administration clients. Elisa provides innovative solutions that enhance communication, learning, and entertainment for individuals, while equipping organizations with tools to improve productivity and operational methods. The company is committed to sustainability, particularly in its 5G offerings. With a strong investment strategy, Elisa allocates approximately 200 million euros annually in Finland. Collaborations with Vodafone and Telenor facilitate the international availability of its services. Elisa also engages in the design, construction, and maintenance of network solutions, along with equipment sales, employing around 3,870 people.

Northvolt AB

Debt Financing in 2024
Northvolt AB is a Swedish manufacturer of sustainable lithium‑ion batteries for electric vehicles, renewable energy storage, and industrial applications. Founded in 2016 and headquartered in Stockholm, the company designs and produces cells, custom cells, and complete battery systems with a focus on minimal carbon emissions and integrated recycling. Its production facilities combine research, industrialization, and end‑to‑end recycling technologies to deliver environmentally friendly batteries that support the transition to a decarbonized economy.

Ericsson

Post in 2023
Ericsson, established in 1876, is a global leader in telecommunications, providing technology and services to telecom operators worldwide. The company specializes in information and communications technology services, offering a broad portfolio that includes mobile and fixed network infrastructure, telecom services, software, broadband, and multimedia solutions. Ericsson Ventures, its investment arm, focuses on emerging growth areas such as IoT, AI, machine learning, and connected devices, managing over 95 million connected devices globally.

Statnett

Debt Financing in 2023
Statnett is a key player in Norway's energy sector, responsible for owning and operating the majority of the national power grid. This infrastructure serves as the backbone of the country's electricity supply, akin to national roads for transportation. The company focuses on the construction and management of power grids while coordinating the production and consumption of various energy sources, including hydropower, wind power, bioenergy, and gas power. Through its operations, Statnett plays a crucial role in ensuring the stability and efficiency of Norway's energy system.

Meyer Turku

Debt Financing in 2023
Meyer Turku Oy is a Finnish shipbuilding company based in Turku, Finland, specializing in the design and construction of cruise ships, car-passenger ferries, offshore structures, and special vessels. Founded in 1737, the company has a long history in the shipbuilding industry, evolving from its origins as Masa-Yards Oy in 1989. Meyer Turku operates from the Perno shipyard, which spans 144 hectares and features a 365-meter-long dry dock along with two bridge cranes capable of lifting 600 and 1,200 tonnes. The company is fully owned by Meyer Werft GmbH and manages several subsidiaries, including Shipbuilding Completion Oy, ENG'nD Oy, and Piikkio Works Oy. These subsidiaries enhance its capabilities by providing turnkey solutions for public spaces in ships and specialized shipbuilding services. Meyer Turku is recognized for its use of advanced technologies and innovative construction processes, catering to cruise operators and ship owners worldwide.

Ellevio

Debt Financing in 2022
Ellevio is a prominent electricity grid company based in Stockholm, Sweden, specializing in the distribution of electricity. With considerable expertise in electricity grids and years of experience in the sector, Ellevio operates a local power network that serves customers throughout Mid-Sweden, the West Coast, and the Stockholm area. The company is committed to modernizing and enhancing its distribution infrastructure to meet the evolving needs of its customers while ensuring reliable access to electricity. Through various projects and initiatives, Ellevio aims to support sustainable energy solutions and contribute to the development of a robust energy system in Sweden.

Loomis

Post in 2022
Founded in 1852, Loomis specializes in comprehensive cash-handling solutions for banks and retail trade. With a significant global footprint across approximately 20 countries and 400 local offices, the company offers cash-in-transit services, cash management solutions, cross-border transportation, and general cargo services.

Terveystalo

Debt Financing in 2022
Terveystalo is a Finnish healthcare service provider offering occupational health services, medical care, dental services, and research services. It serves corporate, private, and public sector customers, covering the entire integrated treatment chain of healthcare.

Northvolt AB

Debt Financing in 2020
Northvolt AB is a Swedish manufacturer of sustainable lithium‑ion batteries for electric vehicles, renewable energy storage, and industrial applications. Founded in 2016 and headquartered in Stockholm, the company designs and produces cells, custom cells, and complete battery systems with a focus on minimal carbon emissions and integrated recycling. Its production facilities combine research, industrialization, and end‑to‑end recycling technologies to deliver environmentally friendly batteries that support the transition to a decarbonized economy.

Elisa

Debt Financing in 2018
Elisa is a leading telecommunications and digital services company based in Helsinki, Finland, established in 1882. It offers a wide range of services in telecommunication, ICT, and online communication and entertainment, catering to 2.2 million consumers and numerous corporate and public administration clients. Elisa provides innovative solutions that enhance communication, learning, and entertainment for individuals, while equipping organizations with tools to improve productivity and operational methods. The company is committed to sustainability, particularly in its 5G offerings. With a strong investment strategy, Elisa allocates approximately 200 million euros annually in Finland. Collaborations with Vodafone and Telenor facilitate the international availability of its services. Elisa also engages in the design, construction, and maintenance of network solutions, along with equipment sales, employing around 3,870 people.

Nokia

Post in 2018
Nokia is a Finnish multinational telecommunications and information technology company that designs, manufactures, and sells telecom equipment, network infrastructure, and software for mobile operators, fixed networks, and enterprises. The company provides hardware and services across mobile networks, IP and optical networks, cloud and network services, and technology licensing, while also developing location-based technologies and digital mapping through its HERE division. Nokia serves operators and service providers in more than 150 countries and maintains a substantial focus on research and development, patent licensing, and end-to-end network solutions. The business aims to enable reliable connectivity, edge-to-cloud services, and advanced communication capabilities for customers worldwide.

Ericsson

Post in 2017
Ericsson, established in 1876, is a global leader in telecommunications, providing technology and services to telecom operators worldwide. The company specializes in information and communications technology services, offering a broad portfolio that includes mobile and fixed network infrastructure, telecom services, software, broadband, and multimedia solutions. Ericsson Ventures, its investment arm, focuses on emerging growth areas such as IoT, AI, machine learning, and connected devices, managing over 95 million connected devices globally.

Apica

Venture Round in 2017
Apica provides a unified platform for application performance monitoring and data management. It offers Apica LoadTest for enterprise-grade load testing, Apica Synthetic for proactive website and application uptime monitoring, Apica Ascent for real-time telemetry data analysis, and Apica Store for centralized machine data storage. The company simplifies data collection, optimizes pipeline control with AI/ML, and offers modern observability data management.

SpareBank 1

SpareBank 1 is a prominent financial institution in Norway, recognized as the second largest in the country. It offers a diverse range of services, including banking, insurance, and digital financial solutions. The organization emphasizes customer support through various financial services, such as loans, savings accounts, and insurance products. Additionally, SpareBank 1 provides innovative tools for automatic health assessments, enhancing its service offerings. The alliance comprises several regional banks that collaborate to deliver comprehensive financial services while maintaining a strong commitment to local communities.
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