Nordic Investment Bank

Nordic Investment Bank (NIB) is an international financial institution founded in 1975 and headquartered in Helsinki, Finland. It primarily provides sustainable, long-term financing to public and private sector clients across its member countries, which include Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden, as well as non-member nations. NIB offers a range of financial products such as corporate loans, sovereign loans, and loans to municipalities, as well as project and structured finance. The bank also invests in green bonds and provides liquidity, collateral, and portfolio management services. NIB's mission is to enhance competitiveness and environmental sustainability in the Nordic and Baltic regions by financing projects in sectors like energy, transport, and infrastructure. By acquiring funds through international capital markets, NIB ensures competitive market terms for its clients, making it a reliable source of long-term financing. All projects undergo sustainability assessments, reinforcing NIB's commitment to financing initiatives that contribute positively to the region's future.

Andre Kuusvek

President and CEO

Henrik Normann

President

Past deals in Utilities

Eidsiva Energy

Debt Financing in 2025
Eidsiva Energi, headquartered in Hamar, is one of Norway's largest energy companies, focusing on the production, distribution, and sale of electricity, broadband, and electrical safety. It operates through several subsidiaries, including Eidsiva Nett, Eidsiva Anlegg, and Eidsiva Marked, with additional offices in Lillehammer and Gjøvik. The company manages a power grid spanning 22,000 kilometers and serves approximately 155,000 customers across Eastern Norway. Eidsiva's commitment to sustainability is reflected in its development of renewable energy sources such as hydropower, biomass, waste, and wind power, aiming for an annual production of nearly five billion kilowatt hours in the near future. With a yearly turnover of around four billion Norwegian Kroner and a workforce exceeding 1,000 employees, Eidsiva plays a crucial role in providing essential services and addressing the growing demand for renewable energy in the face of climate change.

Latvenergo

Debt Financing in 2024
Latvenergo is an energy company that produces and trades electricity, heat, and natural gas, focusing on sustainable and environmentally friendly energy solutions for its customers; it operates hydroelectric power plants, thermal power stations, and engages in the wholesale and retail sale of energy, while also providing various energy-related services to support efficient energy consumption and management.

Lappeenrannan energia

Debt Financing in 2024
Lappeenrannan energia provides tested clean water, reliable heat, and intelligent and safe energy as well as water networks and district heating.

Å Energi

Debt Financing in 2024
Å Energi is a company focused on the production and distribution of clean and renewable energy, primarily operating in the Buskerud and Hadelands regions. It specializes in the development and management of vital energy infrastructure, particularly in hydropower. By efficiently distributing electricity through its power grid, Å Energi aims to provide affordable and sustainable energy solutions to homes and businesses, thereby contributing to a more environmentally friendly future. The company's social mission emphasizes the importance of increasing renewable energy production to ensure accessible and efficient electricity for the community.

Arva

Debt Financing in 2024
Arva is an electrical distribution company that aims at ensuring 24*7 electricity supply and offers power grid maintenance services.

Statnett

Debt Financing in 2023
Statnett is a key operator in Norway's power grid system, owning and managing the majority of the national electricity infrastructure. The company is responsible for constructing and maintaining the central power grids, ensuring the efficient coordination of electricity production and consumption. This includes overseeing various energy sources such as hydropower, wind power, bioenergy, and gas power. By facilitating the integration of diverse energy forms, Statnett plays a crucial role in maintaining a reliable and sustainable power supply for the country.

Keravan Energia

Debt Financing in 2023
Keravan Energia is a utility company that provides electricity, natural gas, heat pumps, solar panels, and electric car charging points.

Ellevio

Debt Financing in 2022
They have solid knowledge of electricity grids. With many years of experience in distribution, they are one of Sweden's leading electricity grid companies. Are you interested in Ellevio as a company and the history of how the electricity grid came to Sweden? Then you have ended up just right! Here they tell you more about us, their projects and future goals as well as what it is like to work within the company.
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