Projects financed from NEB proceeds

Project-specific environmental impact reports (in .xls format) can be found under the “Category & impact reports” column in the table.

Note that the table below provides a list of projects financed under the current NEB framework. The projects financed from the proceeds under the previous frameworks are listed separately.

Projects financed from the proceeds under the previous frameworks

Total amount of selected NEB-financed disbursements approx.: EUR 1657 million

CustomerCountryTotal disbursements on loanNEB-eligible shareNEB-financedCategory & impact reportsYear of latest disbursementMaturity
Stelo Orienta SIALatviaEUR 0.26m100%EUR 0.26mRenewable energy 20252043
Norled ASNorwayNOK 500m100%EUR 43mClean transportation 20252030
Pahkakosken Energia OyFinlandEUR 42.6m100%EUR 42.6mRenewable energy 20252038
Republic of LithuaniaLithuaniaEUR 10m90%EUR 9mGreen buildings 20252043
Elenia Verkko OyjFinlandEUR 100m100%EUR 100mRenewable energy 20252030
Hemsö Fastighets ABSwedenEUR 19.9m71%EUR 14.1mGreen buildings 20252035
UAB LT EnergijaLithuaniaEUR 46.9m100%EUR 46.9mRenewable energy 20252044
Kölvallen Vind ABSwedenEUR 31.1m100%EUR 31.1mRenewable energy 20252026
Tønder Biogas A/SDenmarkDKK 250m100%EUR 33.5mRenewable energy 20252040
Sunnhordland Kraftlag ASNorwayNOK 500m100%EUR 42.2m
Renewable energy 		20242031
City of OsloNorwayNOK 3200m100%EUR 274.3mClean transportation 20242031
Klev Wind ABSwedenEUR 56m27%EUR 15.1mRenewable energy 20242045
Utajärven Solarpark Oy & Skarta Energy Solarparks OyFinlandEUR 16.5m100%EUR 16.5mRenewable energy 20242028
Lappeenrannan Energia OyFinlandEUR 15m100%EUR 15mRenewable energy 20242036
Pohjois-Karjalan Sähkö OyFinlandEUR 40m100%EUR 40mRenewable energy 20242036
RISE Research Institutes of Sweden ABSwedenSEK 200m100%EUR 17.5mSustainable technology innovation, sustainable manufacturing and carbon capture and storage 20242029
Nobina ABFinlandEUR 13.2m100%EUR 13.2mClean transportation 20242030
Skanska Financial Services ABSwedenUSD 50m100%EUR 46.2mGreen buildings 20242030
Norlys Holding A/SDenmarkEUR 210m100%EUR 210mRenewable energy 20242028
Šiaulių Energija ABLithuaniaEUR 8m100%EUR 8mRenewable energy 20242031
Hafslund ASANorwayNOK 1000m100%EUR 87mRenewable energy 20242034
Eviny ASNorwayNOK 1500m100%EUR 129.4mRenewable energy 20242034
Landsnet hf.IcelandUSD 50m100%EUR 46.2mRenewable energy 20242039
UAB VVP InvestmentLithuaniaEUR 32m100%EUR 32mRenewable energy 20242036
Orkuveita ReykjavíkurIcelandUSD 50mnull%EUR 47.3mRenewable energy 20242033
2033
SEEL Swedish Electric Transport Laboratory ABSwedenSEK 120m100%EUR 10.3mSustainable technology innovation, sustainable manufacturing and carbon capture and storage 20242037
NFI Borrower ASNorwayEUR 24.3m100%EUR 24.3mClean transportation 20242029
Svenska Cellulosa Aktiebolaget SCASwedenSEK 1000m100%EUR 86.8mRenewable energy 20242034
Husqvarna ABSwedenEUR 100m100%EUR 100mSustainable technology innovation, sustainable manufacturing and carbon capture and storage 20242031
Arva ASNorwayNOK 500m100%EUR 42.8mRenewable energy 20242031
Vasakronan ABSwedenSEK 370m100%EUR 32.3mGreen buildings 20242034
Customer
Stelo Orienta SIA
Country
Latvia
Total disbursements on loan
EUR 0.26m
NEB-eligible share
100%
NEB-financed
EUR 0.26m
Category & impact reports
Renewable energy
Year of latest disbursement
2025
Maturity
2043
Project summary
Customer
Norled AS
Country
Norway
Total disbursements on loan
NOK 500m
NEB-eligible share
100%
NEB-financed
EUR 43m
Category & impact reports
Clean transportation
Year of latest disbursement
2025
Maturity
2030
Project summary
Customer
Pahkakosken Energia Oy
Country
Finland
Total disbursements on loan
EUR 42.6m
NEB-eligible share
100%
NEB-financed
EUR 42.6m
Category & impact reports
Renewable energy
Year of latest disbursement
2025
Maturity
2038
Project summary
Customer
Republic of Lithuania
Country
Lithuania
Total disbursements on loan
EUR 10m
NEB-eligible share
90%
NEB-financed
EUR 9m
Category & impact reports
Green buildings
Year of latest disbursement
2025
Maturity
2043
Project summary
Customer
Elenia Verkko Oyj
Country
Finland
Total disbursements on loan
EUR 100m
NEB-eligible share
100%
NEB-financed
EUR 100m
Category & impact reports
Renewable energy
Year of latest disbursement
2025
Maturity
2030
Project summary
Customer
Hemsö Fastighets AB
Country
Sweden
Total disbursements on loan
EUR 19.9m
NEB-eligible share
71%
NEB-financed
EUR 14.1m
Category & impact reports
Green buildings
Year of latest disbursement
2025
Maturity
2035
Project summary
Customer
UAB LT Energija
Country
Lithuania
Total disbursements on loan
EUR 46.9m
NEB-eligible share
100%
NEB-financed
EUR 46.9m
Category & impact reports
Renewable energy
Year of latest disbursement
2025
Maturity
2044
Project summary
Customer
Kölvallen Vind AB
Country
Sweden
Total disbursements on loan
EUR 31.1m
NEB-eligible share
100%
NEB-financed
EUR 31.1m
Category & impact reports
Renewable energy
Year of latest disbursement
2025
Maturity
2026
Project summary
Customer
Tønder Biogas A/S
Country
Denmark
Total disbursements on loan
DKK 250m
NEB-eligible share
100%
NEB-financed
EUR 33.5m
Category & impact reports
Renewable energy
Year of latest disbursement
2025
Maturity
2040
Project summary
Customer
Sunnhordland Kraftlag AS
Country
Norway
Total disbursements on loan
NOK 500m
NEB-eligible share
100%
NEB-financed
EUR 42.2m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2031
Project summary
Customer
City of Oslo
Country
Norway
Total disbursements on loan
NOK 3200m
NEB-eligible share
100%
NEB-financed
EUR 274.3m
Category & impact reports
Clean transportation
Year of latest disbursement
2024
Maturity
2031
Project summary
Customer
Klev Wind AB
Country
Sweden
Total disbursements on loan
EUR 56m
NEB-eligible share
27%
NEB-financed
EUR 15.1m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2045
Project summary
Customer
Utajärven Solarpark Oy & Skarta Energy Solarparks Oy
Country
Finland
Total disbursements on loan
EUR 16.5m
NEB-eligible share
100%
NEB-financed
EUR 16.5m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2028
Project summary
Customer
Lappeenrannan Energia Oy
Country
Finland
Total disbursements on loan
EUR 15m
NEB-eligible share
100%
NEB-financed
EUR 15m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2036
Project summary
Customer
Pohjois-Karjalan Sähkö Oy
Country
Finland
Total disbursements on loan
EUR 40m
NEB-eligible share
100%
NEB-financed
EUR 40m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2036
Project summary
Customer
RISE Research Institutes of Sweden AB
Country
Sweden
Total disbursements on loan
SEK 200m
NEB-eligible share
100%
NEB-financed
EUR 17.5m
Category & impact reports
Sustainable technology innovation, sustainable manufacturing and carbon capture and storage
Year of latest disbursement
2024
Maturity
2029
Project summary
Customer
Nobina AB
Country
Finland
Total disbursements on loan
EUR 13.2m
NEB-eligible share
100%
NEB-financed
EUR 13.2m
Category & impact reports
Clean transportation
Year of latest disbursement
2024
Maturity
2030
Project summary
Customer
Skanska Financial Services AB
Country
Sweden
Total disbursements on loan
USD 50m
NEB-eligible share
100%
NEB-financed
EUR 46.2m
Category & impact reports
Green buildings
Year of latest disbursement
2024
Maturity
2030
Project summary
Customer
Norlys Holding A/S
Country
Denmark
Total disbursements on loan
EUR 210m
NEB-eligible share
100%
NEB-financed
EUR 210m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2028
Project summary
Customer
Šiaulių Energija AB
Country
Lithuania
Total disbursements on loan
EUR 8m
NEB-eligible share
100%
NEB-financed
EUR 8m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2031
Project summary
Customer
Hafslund ASA
Country
Norway
Total disbursements on loan
NOK 1000m
NEB-eligible share
100%
NEB-financed
EUR 87m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2034
Project summary
Customer
Eviny AS
Country
Norway
Total disbursements on loan
NOK 1500m
NEB-eligible share
100%
NEB-financed
EUR 129.4m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2034
Project summary
Customer
Landsnet hf.
Country
Iceland
Total disbursements on loan
USD 50m
NEB-eligible share
100%
NEB-financed
EUR 46.2m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2039
Project summary
Customer
UAB VVP Investment
Country
Lithuania
Total disbursements on loan
EUR 32m
NEB-eligible share
100%
NEB-financed
EUR 32m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2036
Project summary
Customer
Orkuveita Reykjavíkur
Country
Iceland
Total disbursements on loan
USD 50m
NEB-eligible share
null%
NEB-financed
EUR 47.3m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2033
2033
Project summary
Customer
SEEL Swedish Electric Transport Laboratory AB
Country
Sweden
Total disbursements on loan
SEK 120m
NEB-eligible share
100%
NEB-financed
EUR 10.3m
Category & impact reports
Sustainable technology innovation, sustainable manufacturing and carbon capture and storage
Year of latest disbursement
2024
Maturity
2037
Project summary
Customer
NFI Borrower AS
Country
Norway
Total disbursements on loan
EUR 24.3m
NEB-eligible share
100%
NEB-financed
EUR 24.3m
Category & impact reports
Clean transportation
Year of latest disbursement
2024
Maturity
2029
Project summary
Customer
Svenska Cellulosa Aktiebolaget SCA
Country
Sweden
Total disbursements on loan
SEK 1000m
NEB-eligible share
100%
NEB-financed
EUR 86.8m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2034
Project summary
Customer
Husqvarna AB
Country
Sweden
Total disbursements on loan
EUR 100m
NEB-eligible share
100%
NEB-financed
EUR 100m
Category & impact reports
Sustainable technology innovation, sustainable manufacturing and carbon capture and storage
Year of latest disbursement
2024
Maturity
2031
Project summary
Customer
Arva AS
Country
Norway
Total disbursements on loan
NOK 500m
NEB-eligible share
100%
NEB-financed
EUR 42.8m
Category & impact reports
Renewable energy
Year of latest disbursement
2024
Maturity
2031
Project summary
Customer
Vasakronan AB
Country
Sweden
Total disbursements on loan
SEK 370m
NEB-eligible share
100%
NEB-financed
EUR 32.3m
Category & impact reports
Green buildings
Year of latest disbursement
2024
Maturity
2034
Project summary