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.

André Küüsvek

President and CEO

Henrik Normann

President

49 past transactions

SSAB

Post in 2025
SSAB is a global leader in high-strength steel, specializing in products designed to enhance strength and reduce weight for various applications. With approximately 16,000 employees across more than 50 countries, SSAB operates major production facilities in Sweden, Finland, and the United States, complemented by smaller sites and steel service centers worldwide, including a finishing line in Shanghai. The company's annual steel production capacity reaches 8.8 million tonnes, utilizing integrated blast furnace processes in Sweden and Finland, while employing scrap-based production methods in the US. SSAB's product offerings include structural high-strength steel, wear-resistant steel, and tool steel, primarily serving industries such as heavy transport and construction. Additionally, SSAB's subsidiaries, Tibnor and Ruukki Construction, focus on steel distribution and energy-efficient building solutions, respectively. Through close collaboration with customers, SSAB aims to contribute to a more sustainable future by delivering innovative steel solutions.

Linja

Debt Financing in 2025
Linja distributes electricity across challenging terrains to homes and businesses.

startkraft

Debt Financing in 2025
Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, gas-fired power and district heating and is a global player in energy market operations. Statkraft has 3600 employees in more than 20 countries.

Eskilstuna Biogas

Debt Financing in 2025
Eskilstuna Biogas AB is a company formed to produce liquefied biogas and is owned by Andion, Equitix New Generation Fund, and Rederi AB Gotland (Gotlandsbolaget).

European Energy

Debt Financing in 2025
European Energy is a renewable energy developer based in Soborg, Denmark. The company specializes in constructing wind and solar farms, alongside large-scale green energy storage solutions. By focusing on these sustainable energy projects, European Energy aims to contribute to addressing climate change and promoting the transition to cleaner energy sources.

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.

Gagnaveita Reykjavíkur

Debt Financing in 2025
Gagnaveita Reykjavíkur is a telecommunications company which provide their services via Ljósleiðarinn.

Eidsiva

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.

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.

Vilnius Public Transport

Debt Financing in 2024
Vilnius Public Transport is the transportation of passengers by buses and trolleybuses along specified routes throughout Vilnius and its suburbs.

Westra Wermlands Sparbank

Debt Financing in 2024
Westra Wermlands Sparbank is a financial institution that offers banking and financial services.

Meyer Turku

Debt Financing in 2024
Meyer Turku Oy, based in Turku, Finland, is a shipbuilding company that designs and constructs a variety of vessels, including cruise ships, car-passenger ferries, and offshore structures. Established in 1737, the company originally operated under the name Masa-Yards Oy and has evolved significantly over the years, becoming a subsidiary of the German shipbuilder Meyer Werft GmbH in 2014. The shipyard, located on a 144-hectare site, features advanced facilities, including a 365-meter dry dock and two large bridge cranes. Meyer Turku also operates several subsidiaries, including Piikkio Works Oy, which manufactures ship cabins, Shipbuilding Completion Oy, which specializes in turnkey solutions for public spaces on ships, and ENG'nD Oy, which focuses on shipbuilding and offshore services. The company's commitment to utilizing state-of-the-art technology and innovative construction processes positions it as a key player in the global shipbuilding industry.

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 communications corporation that specializes in manufacturing mobile devices, network infrastructure, and advanced technologies. The company offers a diverse range of products and services designed to enhance communication and connectivity, including mobile broadband, global services, location-based technologies, and technology licensing. Its mobile broadband segment provides essential hardware and core network software for mobile voice and data services, while the global services segment focuses on network implementation, management, and optimization. Nokia's HERE segment is dedicated to developing local commerce and location-based services. The company operates in over 150 countries and has significant manufacturing facilities in locations such as India, China, Finland, and Germany. Additionally, Nokia maintains a robust research division and a patent business, contributing to its role as a key player in the telecommunications industry.

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.

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.

Kesko Food Baltics

Post in 2024
Kesko Oyj is a Finland-based provider of services to the trading sector. The Company operates four divisions. The Food Trade division manages the K-food store chains, such as K-Citymarket, K-Supermarket, K-Market, K-Pyoka and K-Extra, as well as Pirkka and Kespro brands. The Home and Specialty Goods Trade division provides customers with products and services related to clothing, home, sports, leisure, home technology, entertainment, interior decoration and furniture. The Building and Home Improvement Trade operates the K-Rauta, Rautia, K-Maatalous, Byggmakker, Rautakesko, Senukai and OMA retail chains.

Bonnier Fastigheter

Debt Financing in 2024
Bonnier Fastigheter is a commercial real estate company based in Stockholm, Sweden, specializing in the acquisition, development, and management of properties. With a focus on selected sub-markets, the company is committed to long-term operations and aims to enhance the value of its real estate portfolio. Bonnier Fastigheter not only provides conditions for effective property management but also emphasizes the importance of local presence in its business strategy. Through its integrated approach, the company seeks to create sustainable and profitable real estate solutions.

Ericsson

Post in 2024
Ericsson is a leading telecommunications company based in Stockholm, Sweden, specializing in information and communications technology services. Founded in 1876, the company provides a comprehensive portfolio that includes mobile and fixed network infrastructure, telecom services, software, broadband, and multimedia solutions tailored for operators, enterprises, and the media industry. Ericsson's product offerings encompass telephones, switches, mobile systems, semiconductors, and various other technologies. The company is also active in the Internet of Things (IoT) space, managing over 95 million connected devices worldwide, including 22 million eSIM connections. Ericsson is focused on innovation, investing in emerging technologies such as artificial intelligence, machine learning, and network functions virtualization through its venture capital arm, Ericsson Ventures.

EcoDataCenter

Debt Financing in 2024
EcoDataCenter AB specializes in colocation data center solutions in Sweden, emphasizing sustainability and high performance. Established in 2014 and headquartered in Stockholm, the company operates a network of carbon-positive data centers that provide a range of customized services, including private rooms, suites, shared rooms, and tailored cages. EcoDataCenter offers thermal management solutions that cater to specific customer needs, supporting both cold-aisle and hot-aisle segregation. Additionally, the company provides power and connectivity solutions, ensuring reliable network access through various carriers, including dark fiber providers. By focusing on energy efficiency and advanced technology, EcoDataCenter enables clients to minimize their carbon footprint while optimizing their information technology infrastructure.

Electrolux

Post in 2024
Electrolux Group is a prominent global appliance manufacturer based in Sweden, with a history of over 100 years in enhancing everyday living through innovative products. The company specializes in a wide range of home appliances for both consumer and professional use, including kitchen appliances such as refrigerators, cookers, and microwave ovens, as well as laundry products like washing machines and dryers. Electrolux also offers small appliances and professional-grade kitchen and laundry equipment. The company operates under well-known brands, including Electrolux, AEG, Zanussi, and Frigidaire. With a significant presence across North America, Europe, Latin America, Africa, the Middle East, and Asia, Electrolux derives more than half of its revenue from North America and Europe, underscoring its role as a key player in the global appliance market.

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.

LT Energija

Debt Financing in 2024
LT Energija is developing a new state-of-the-art wind power plant park in Pagėgiai district.

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.

Northvolt

Debt Financing in 2024
Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company develops a range of products, including battery cells, custom battery solutions, and complete battery systems, tailored to specific requirements such as chemistry and form factor. Northvolt focuses on creating environmentally friendly batteries with a minimal carbon footprint and incorporates advanced recycling technology to support clean energy initiatives. By supplying high-quality, sustainable battery cells and systems, Northvolt aims to facilitate the transition to electric vehicles and promote decarbonization across various industries, including automotive, grid storage, industrial applications, and micromobility.

Ericsson

Post in 2023
Ericsson is a leading telecommunications company based in Stockholm, Sweden, specializing in information and communications technology services. Founded in 1876, the company provides a comprehensive portfolio that includes mobile and fixed network infrastructure, telecom services, software, broadband, and multimedia solutions tailored for operators, enterprises, and the media industry. Ericsson's product offerings encompass telephones, switches, mobile systems, semiconductors, and various other technologies. The company is also active in the Internet of Things (IoT) space, managing over 95 million connected devices worldwide, including 22 million eSIM connections. Ericsson is focused on innovation, investing in emerging technologies such as artificial intelligence, machine learning, and network functions virtualization through its venture capital arm, Ericsson Ventures.

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.

Varanger Kraft

Debt Financing in 2023
Varanger Kraft is an energy company that specializes in the production and transmission of renewable electricity and energy products.

Meyer Turku

Debt Financing in 2023
Meyer Turku Oy, based in Turku, Finland, is a shipbuilding company that designs and constructs a variety of vessels, including cruise ships, car-passenger ferries, and offshore structures. Established in 1737, the company originally operated under the name Masa-Yards Oy and has evolved significantly over the years, becoming a subsidiary of the German shipbuilder Meyer Werft GmbH in 2014. The shipyard, located on a 144-hectare site, features advanced facilities, including a 365-meter dry dock and two large bridge cranes. Meyer Turku also operates several subsidiaries, including Piikkio Works Oy, which manufactures ship cabins, Shipbuilding Completion Oy, which specializes in turnkey solutions for public spaces on ships, and ENG'nD Oy, which focuses on shipbuilding and offshore services. The company's commitment to utilizing state-of-the-art technology and innovative construction processes positions it as a key player in the global shipbuilding industry.

Catena

Post in 2023
Catena is a listed property company that, through collaboration sustainably develops, owns and manages efficient logistics facilities. Its strategically located properties supply the Scandinavian metropolitan areas and are adapted for both current and future goods flows.

FinVector

Debt Financing in 2023
FinVector is a leading company in the research and development of viral-based gene therapy products. With advanced facilities and a highly skilled scientific team, FinVector has established a strong reputation in the gene therapy market. The company specializes in providing cGMP manufacturing services for a variety of viral-based products, utilizing both suspension and adherent-based platforms. FinVector is committed to building an extensive pipeline of gene therapy technologies for its clients, enabling the development of innovative treatments aimed at improving and extending human lives. Authorized by the EMA, FinVector is capable of producing gene therapy products for both clinical and commercial supply.

Demant A/S

Post in 2023
Demant is the only company in the world that covers all areas of hearing healthcare, from hearing devices and hearing implants to diagnostic instruments and professional hearing care, and we harvest significant synergies from this unique position and expect to create new opportunities in the years to come.

Lantmännen

Debt Financing in 2023
Lantmännen is a prominent agricultural cooperative based in the Nordic Region, specializing in various sectors including agriculture, machinery, bioenergy, and food products. The organization focuses on providing innovative and responsible solutions for grain and arable land resources, aimed at enhancing the efficiency and competitiveness of farming operations. By integrating its expertise across these domains, Lantmännen supports its clients in achieving sustainable agricultural practices while addressing the challenges of modern farming.

KK Wind Solutions

Debt Financing in 2023
KK Wind Solutions is a manufacturer specializing in electrical control systems for the wind turbine industry. Established on January 1, 1978, in Ikast, Midtjylland, the company offers a range of products including wind turbine panels, commander control systems, power conversion solutions, grid connection technologies, and auxiliary systems. With a focus on enhancing the efficiency and reliability of wind energy production, KK Wind Solutions plays a significant role in the renewable energy sector.

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.

Loomis

Post in 2022
Loomis is a Sweden-based company specializing in cash handling services, established in 1852 and headquartered in Stockholm. It primarily provides cash in transit (CIT) services, which involve the secure transportation of cash to and from retail locations, banks, and ATMs. Additionally, Loomis offers cash management services (CMS), where it processes and manages cash from customers at its cash centers, including counting, packaging, and quality assurance of bills and coins. The company also engages in cash flow analysis, forecasting, and reporting, as well as providing customized cash handling solutions. Loomis has a significant international presence, operating approximately 400 local offices across around 20 countries, and also offers cross-border transportation and general cargo services. Its operations are segmented into Europe and Latin America, the USA, and Loomis Pay, with a focus on delivering comprehensive cash handling solutions to banks and retail businesses.

ESL Shipping

Debt Financing in 2022
ESL Shipping is a dry-bulk sea transport company. Their shipping ensures product and raw material transportation for industry and energy production year-round. The shipping company also offers services related to loading and unloading large oceangoing vessels at sea. They provide services that include sustainable shipping solutions, geared vessels, transshipments at sea, dry bulk and breakbulk, project cargoes, and shipments in arctic areas.

Terveystalo Healthcare

Debt Financing in 2022
Terveystalo is a prominent healthcare service provider based in Finland, specializing in a comprehensive range of medical services. The company caters to corporate, private, and public sector clients, offering primary and specialized healthcare, including general practice, specialist medical care, diagnostic services, outpatient surgery, and dental care. Terveystalo's integrated approach encompasses the entire healthcare treatment chain, ensuring a seamless experience for patients. Additionally, the company operates through three reporting segments: Healthcare Services, Portfolio Businesses, and Sweden, with the majority of its revenue stemming from its Healthcare Services segment. Terveystalo is committed to delivering quality healthcare solutions tailored to the needs of diverse customer groups.

Tallink

Post in 2020
AS Tallink Grupp is the largest of the Baltic Sea, and the most successful passenger ship companies that annually serves over 9 million passengers. The company offers the Tallink and Silja Line under the brands of passenger and freight routes Tallinn-Helsinki, Tallinn-Stockholm, Paldiski-Kapellskär, Helsinki, Stockholm, Turku-Stockholm / Kapellskär and Riga-Stockholm.

Northvolt

Debt Financing in 2020
Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company develops a range of products, including battery cells, custom battery solutions, and complete battery systems, tailored to specific requirements such as chemistry and form factor. Northvolt focuses on creating environmentally friendly batteries with a minimal carbon footprint and incorporates advanced recycling technology to support clean energy initiatives. By supplying high-quality, sustainable battery cells and systems, Northvolt aims to facilitate the transition to electric vehicles and promote decarbonization across various industries, including automotive, grid storage, industrial applications, and micromobility.

Atrium Ljungberg

Post in 2020
They are no ordinary property company. Buildings are naturally the basis of their operations, but their heart actually lies with the people who stay in them. Their goal is to create living environments that people want to and can stay in, now and in the future. Their main focus is on retail and office properties, but their environments also contain housing as well as cultural, service and educational facilities.

Svenska Cellulosa Aktiebolaget

Post in 2019
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2013 amounted to SEK 93bn (EUR 10.7bn).

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 communications corporation that specializes in manufacturing mobile devices, network infrastructure, and advanced technologies. The company offers a diverse range of products and services designed to enhance communication and connectivity, including mobile broadband, global services, location-based technologies, and technology licensing. Its mobile broadband segment provides essential hardware and core network software for mobile voice and data services, while the global services segment focuses on network implementation, management, and optimization. Nokia's HERE segment is dedicated to developing local commerce and location-based services. The company operates in over 150 countries and has significant manufacturing facilities in locations such as India, China, Finland, and Germany. Additionally, Nokia maintains a robust research division and a patent business, contributing to its role as a key player in the telecommunications industry.

Ericsson

Post in 2017
Ericsson is a leading telecommunications company based in Stockholm, Sweden, specializing in information and communications technology services. Founded in 1876, the company provides a comprehensive portfolio that includes mobile and fixed network infrastructure, telecom services, software, broadband, and multimedia solutions tailored for operators, enterprises, and the media industry. Ericsson's product offerings encompass telephones, switches, mobile systems, semiconductors, and various other technologies. The company is also active in the Internet of Things (IoT) space, managing over 95 million connected devices worldwide, including 22 million eSIM connections. Ericsson is focused on innovation, investing in emerging technologies such as artificial intelligence, machine learning, and network functions virtualization through its venture capital arm, Ericsson Ventures.

Apica

Venture Round in 2017
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, it specializes in providing a load testing and synthetic monitoring platform tailored for enterprise needs. Apica's solutions encompass a range of applications, including internal systems, websites, mobile devices, and IoT use cases. The company's flagship products, Apica LoadTest and Apica Synthetic, ensure the performance and uptime of business-critical applications, allowing enterprises to prepare for peak conditions and proactively monitor their systems. Apica's unified platform simplifies data management, enabling real-time analysis of telemetry data and automated root cause analysis. Its tools facilitate efficient troubleshooting and enhance observability, making it easier for organizations to manage complex IT infrastructures while reducing costs and improving performance.
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