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 Electricity

Linja

Debt Financing in 2025
Linja specializes in distributing electricity across challenging terrains to residential and commercial customers.

startkraft

Debt Financing in 2025
Statkraft is a prominent international company in the energy sector, recognized as Europe's largest producer of renewable energy, primarily focusing on hydropower. The company generates electricity through various sources, including hydropower, wind power, solar power, gas-fired power, and bio-based power, while also providing district heating services. With a workforce of approximately 3,600 employees across more than 20 countries, Statkraft plays a vital role in energy market operations. The firm is committed to expanding its business through new energy initiatives and strategic mergers and acquisitions, reinforcing its position as a key player in the global energy landscape.

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.

Latvenergo

Debt Financing in 2024
Latvenergo is an energy company based in Latvia, operating in the Baltic region. It produces and trades electricity, heat, and natural gas, with a focus on sustainable and environmentally friendly energy solutions. The company operates hydroelectric power plants and thermal power stations, and engages in the wholesale and retail sale of energy. Additionally, it offers 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.

Arva

Debt Financing in 2024
Arva is an electrical distribution company based in Norway, dedicated to providing a reliable 24/7 electricity supply. The company specializes in power grid operations and maintenance services, ensuring the stability and efficiency of the electrical distribution network. Through its commitment to maintaining high service standards, Arva plays a crucial role in supporting the energy needs of its customers and enhancing the overall reliability of the power supply in the region.

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.

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.

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.
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